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Tag Archives: Nigerians

FG to inaugurate 650 housing units in Asaba

housing

The Federal Government’s special housing intervention programme, Family Homes Funds, is set to inaugurate an affordable housing project in Asaba, Delta State. The estate, developed by the FHF in partnership with Delta State Government, is made up of 650 housing units for low-income earners and will be inaugurated by the Vice- President, Prof Yemi Osinbajo, alongside the Managing Director of ...

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LCCI lauds Buhari for declining assent to NHF bill

LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has commended President Muhammadu Buhari for declining assent to National Housing Fund (NHF) Bill. The chamber said the bill would have caused more problems for citizens. Mr. Muda Yusuf, the Director-General of LCCI, gave the commendation on Friday in Lagos. President Buhari had on April 2, declined assent to the National Housing ...

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Estate developer implores Nigerians to imbibe habit of tree planting

Nigerians

To mark the 2019 International Day of Forests (IDF) celebrated annually as tree planting day, members of Hall 7 Real Estate Management has called for massive sensitization of Nigerians on the need to preserve the environment through planting of trees. The chief executive officer of Hall 7 Real Estate, Mr. Olayinka Braimoh, stated this while speaking to journalists during tree ...

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FG set to partner India on infrastructure development

infrastructure development

The Federal Government is to partner with India to boost infrastructure development in the country, Mustpha Shehuri, the Minister of State for Power, Works and Housing has said. Shehuri who made this known on Tuesday in Abuja when the India’s High Commissioner to Nigeria, Mr Abhay Thakur, paid him a courtesy visit, said that the federal government has recorded remarkable ...

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Fashola tasks quantity surveyors on high cost of construction projects

NHP

The minister of power, works & housing, Babatunde Raji Fashola has challenged quantity surveyors to use their skills and knowledge to address the high cost of constructing projects in the country for value maximization. He stated this in Abuja yesterday at the 2019 Annual Assembly of registered QS and induction of newly registered QS and practising firms, organised by the ...

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NGO set to build 5,000 housing units for less privileged in Bauchi

housing units

5,000 housing units will be constructed for the less privileged in Bauchi State by ‎a Non-Governmental Organisation (NGO), Africa Nation Development Programme (ANDP). The houses will be built across 10 local government areas across the state in two years. The Bauchi State government ‎has provided plots of land for the project. Speaking, the Director General of ANDP, Samson O. Omojuyigbe,‎ ...

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Over 50,000 Nigerians are now engaged in 127 construction sites– Fashola

Nigerians

The Minister of Works, Power and Housing, Babatunde Raji Fashola, has disclosed that over 50,000 Nigerians are now engaged in 77 works and 50 housing construction sites across the country, while only 277 foreigners are working in the sites. According to Fashola, the figures are contained in the “Inception Report” the Ministry of Works, Power and Housing recently commissioned to ...

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Nigeria records $45.7bn investments in six months

Nigeria

Nigeria recorded a total investment commitment of $45.7bn in various sectors of the economy within the first six months of this year. Figures obtained from the Nigerian Investment Promotion Commission showed that the $45.74bn investment commitments were made for 42 projects in nine states and the Federal Capital Territory. The sectoral analysis of the commitments indicates that investors were willing ...

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FMBN seeks 500billion recapitalisation

FMBN

The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Ahmed Dangiwa, has said. Dangiwa, who spoke with State House correspondents after a closed-door meeting with Vice President, Yemi Osinbajo, at the Presidential Villa, said the recapitalisation would boost service delivery. He said: “We came to see the vice president as ...

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2018 Budget: NIESV expresses fear over non-implementation

2018 budget

Bearing in mind the late passage of the 2018 budget and the fact that only 50 per cent of what was budgeted for the housing sector in 2017 was released, the Nigerian Institute of Estate Surveyors and Valuers (NIESV) has expressed fears that the sector might not receive up to 25 per cent of its allocation for 2018. Citing so ...

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