The Borno State government has completed plans to evacuate over 5,000 of its indigenes who are in displaced persons’ camps, IDPs, in neighbouring Adamawa camp. The Borno Deputy Governor, Usman Dukuwa, disclosed this to journalists in Yola after he visited the displaced persons. “l am here on the instructions of the governor to see our over 5000 IDPs; and he ...
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Julius Berger, RCC continue work on Lagos-Ibadan expressway
Construction giants, Julius Berger PLC and RCC, are back on site in continuation of the re-construction of the N167 billion Lagos-Ibadan express way. The presence of workmen became more noticeable at the Redemption Camp and Arepo areas at the Lagos end of the road. While palliative works were ongoing at the failed spots in the Redemption Camp area of the ...
Read More »Lagos plans CCTV for public places
Lagos State Governor, Mr. Akinwunmi Ambode has said that the state needs Close Circuit Cameras, CCTV for public places and data of all suspected criminals. Ambode added that it was important for police stations to have the technology to access data from all over the world towards easy tracking of criminal elements. The governor also stressed the need for the ...
Read More »U.S. Housing Starts Fall To 1.06 Million Units In October
The Commerce Department said Wednesday, that the U.S. housing starts fell 11% in to a seasonally adjusted annual rate of 1.06 million units in October, although the number of building permits rose. Consensus forecasts compiled by most news organizations called for starts to be around 1.15 million to 1.17 million units. The September tally was revised down to 1.19 million ...
Read More »Mumbai attracts 40% private equity investment in Indian real estate
Mumbai attracted 40% of the $2.4 billion (around Rs 15,500 crore) private equity (PE) investments in the Indian real estate between January and September 2015. Global real estate consultant Cushman & Wakefield, which released its report on Wednesday, said the total PE investment this year was the highest since 2008. The investments come when the office absorption across top eight ...
Read More »Group Urges Buhari To probe sales Of Federal Govt. Houses By Previous Administrations
The Movement for the Restoration and Defence of Democracy (MRDD), has called on President Muhammadu Buhari to commence the process of probe and recovery of federal government houses that were sold with impunity to some members of former Presidents Olusegun Obasanjo and Goodluck Jonathan administrations. Similarly, the Movement has also urged the Federal Government to investigate the allegations of lopsided ...
Read More »Karrueche Tran Visits Abuja IDP Camp
American model and Chris Brown’s ex, Karrueche Tran had a humbling experience to share when she took time off her schedule to visit Internally Displaced Person (IDP) camp in Abuja. According to Chris Brown’s ex-Girlfriend, she fought back tears at the thought of ‘ever complaining about life.’ Karrueche was invited to Nigeria to host the launch of a new upscale ...
Read More »Lagos Assembly Demands Refund Of N52b Spent On Federal roads
The Lagos State House of Assembly on Tuesday demanded for N52 billion, being money spent by the Lagos State Government on repairs of Federal Roads in the state over time. This demand was raised by the Deputy Majority Leader of the House, Olumuyiwa Jimoh, under Matter of Urgent Public Importance. Congratulating the newly appointed Minister of Power, Works and Housing, ...
Read More »FMBN To Establish Nigeria Navy Primary Mortgage Bank
The Managing Director/Chief Executive Officer of Federal Mortgage Bank of Nigeria (FMBN), Mr. Gimba Yau Kumo has unveiled his determination to establish the Nigeria Navy Primary Mortgage Bank (PMB) for efficient processing of Naval National Housing Fund (NHF) loan application. Kumo who disclosed this during a courtesy visit to the Naval Headquarter in Abuja noted that Suntrust S & L ...
Read More »Mimiko set to put up palliative measures on FG roads despite N7b indebtedness to state
Despite the cumulative debts by the Federal Government on roads repaired by Ondo State Government, Governor Olusegun Mimiko has promised to put up palliative measures to ease vehicular movement on the traumatic Akure-Ado Ekiti federal road. While commenting on the state of infrastructure in the state at a stakeholders’ meeting in Lagos on Sunday, Mimiko dislosed that contractors had been ...
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