The Sokoto State government said it has paid the debt owed Assets Management Company of Nigeria (AMCON) and has retaken possession of the state furniture company. The state also announced that it has opened discussion with some German and Kenyan investors ready to bring funds to revive the company’s operations. The furniture factory, established in 1973, was one of the ...
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Turkey Freezes Assets of Ex-Yemeni President, Ali Saleh
Turkey said keeping in line with a UN Security Council decision, it has frozen the assets of Yemen’s former president, Ali Saleh. The UN Security Council had in November 2014 imposed sanctions on Saleh and rebel leaders, accusing them of destabilising the country. The government said in its official gazette on Thursday in Istanbul that Mr. Saleh’s assets remained frozen ...
Read More »ARCON Says NYSC Sabotages Training Of Nigerian Architects
Architects Registration Council of Nigeria ((ARCON) said the National Youth Service Corps (NYSC) policy of forcing most corps members to teach in secondary schools in their areas of primary assignments is a sabotage to the training of architects in the country. Briefing newsmen in Abuja yesterday, ahead of the ‘2016 Architects Colloquium’ scheduled for April 25 to 28, the national ...
Read More »“The Beauty of Housing Projects Is Job Generation”
The President of The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has said that the beauty of housing projects is Job creation and urged the Federal Government to reform its programme on housing. He stated that there are people that cannot afford to buy houses, but if built for the masses and are affordable, they can try to access ...
Read More »Ministry Express Readiness To Solve Housing Challenges In Nigeria
Minister of Power, Works and Housing, Babatunde Raji Fashola, has expressed the Ministry’s readiness to partner with stakeholders to solve the housing challenges in the country. He noted the huge potential and economic value chain available in the sector. Fashola spoke after receiving members of the Association of Housing Corporations of Nigeria (AHCN), led by the President, Alhaji Mohammed Adamu, ...
Read More »Rail contracts: Contractors to Refund N2.5b
The Hon. Ehiozuwa Agbonayinma-headed House of Representatives adhoc committee investigating the award and execution of rail contracts was yesterday told that six contractors involved in the over N1 trillion Rail Contracts are to refund N2.5 billion to the coffers of the Federal Government. The contractors who participated in the railway construction and rehabilitation contracts are to make the refunds for excess ...
Read More »New Guidelines Issued To Sand Dredgers
The Nigerian Inland Waterways Authority (NIWA) has read out the riot act to operators of dredging businesses in Lagos State. The risks posed by dredging activities to the environment as well as human life both in the immediate and long-term equation was the burning issue when stakeholders of the sector met at a meeting for dredging operators. Under the new ...
Read More »FG Bags N73m Revenue From South-West Housing Estates In March 2016
The Federal Housing Authority has said that Federal Government got N73.2m as revenue in March from its estates in the South-West zone of the country. The FHA, in a document made available to Punchng correspondent, quoted its Acting Zonal Manager, South-West, Ms. Aisha Onotu, as saying that FESTAC Town provided the highest revenue of N58.87m, while Gowon Estate, Ipaja and ...
Read More »Prosecute Contractors Handling Collapsed Buildings – NIESV
NIESV has called upon government to ensure that contractors who handle collapsed buildings are adequately prosecuted in order to serve as deterrent to others, and at the same time, stem the tide of structural failures in the country. This call was made by the Chairman, Ogun State Chapter of the Nigerian Institute of Quantity Surveyors, Mr. Biodun Awolesi, on the ...
Read More »LASG Urges Residents To Plant More Trees
The Lagos State Government has urged the residents to plant more trees across the state in order to preserve the environment as well as diversify the nation’s economy from the current dependence on crude oil. The Commissioner for the Environment, Mr. Babatunde Adejare, made the call at the 2016 tree-planting awareness seminar organised by the Lagos State Parks and Gardens ...
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