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Tag Archives: stakeholders

Stakeholders call for reinvention to reform Nigeria’s Housing Sector

housing sector

Stakeholders from the government and private sectors of the Nigerian housing sector have called for reinvention of the wheels to reform the nation’s housing industry. They are holding a two-day workshop on the Model Mortgage and Foreclosure Draft Bill in Abuja. The objective is to de-risk the housing environment. Deputy governor of the Central Bank of Nigeria (CBN) on financial ...

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Stakeholders urge private sectors to invest in infrastructure


Stakeholders have canvassed the need for private sectors at states level to invest in infrastructure, without necessarily depending on the government. At a one-day International Project Finance Association (IPFA) event titled ‘Private Investment in Infrastructure: The States as Enablers’, in Lagos during the weekend. Stakeholders said when that is done, it would serve as the nation’s fundamental facilities for development. ...

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Stakeholders show concern over abandoned properties in Lagos

abandoned properties

Professionals in the housing industry, including other sundry stakeholders in business sector of the economy, are worried that many abandoned properties belonging to the Federal Government in Lagos are rotting away, despite different calls and efforts by individuals and firms to resuscitate the multi-billion naira worth edifices. Concerns emanate from the fact that despite the cry over accommodation deficits in ...

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Niger Delta $10b infrastructure fund is nowhere to be found – Stakeholders

infrastructure fund

Close to two years after the Federal Government launched the $10b Infrastructure Fund to stimulate development in the Niger Delta, there is no trace of the fund anywhere. In October 2016, the Federal Government launched the $10b Infrastructure Fund to end insurgency and introduce sustainable development in the region. Minister of State for Petroleum, Ibe Kachikwu alongside President Muhammadu Buhari, ...

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Osinbajo urges stakeholders to tackle problems of land administration


The Vice President, Prof. Yemi Osinbajo, has urged stakeholders in land management to identify and address every imaginable problem that has hindered land administration and management in this country. Osinbajo gave the charge in Abuja on Monday while declaring open the National Stakeholders Dialogue on Land Reform in Nigeria, organised by the Presidential Technical Committee on Land Reform. According to ...

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Stakeholders call for improvement in infrastructure


Maritime experts have called for policies by the governments of countries in West and Central Africa to attract investments that would lead to improvement in maritime infrastructure. The call was made in a statement by Mrs. Oritsematosan Edodo-Emore, Cheif Executive Officer Zoe Venture Ltd., at the end of the third edition of the Lagos International Maritime Week, which held between ...

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Real estate properties will continue to rise in Nigeria – Experts

real estate

Amidst the lip service being paid by the government on provision of affordable houses, stakeholders have argued that property prices in real estate may continue to escalate due to rising cost of construction materials. This might be worsened by the Land Use Charge (LUC) law made by Lagos State government, which other states may in no distant time start to ...

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Pencom declares FG has invested 2.89% pension in real estate


About N224.30 billion of pension funds representing about 2.89 per cent of pension assets has been invested in the real estate sector of the economy going by statements from the National Pension Commission (PenCom). PenCom’s decision followed pressures from stakeholders urging the regulator not to allow pension funds to be lying idle in the vault but to allow Pension Fund ...

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