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‘We’ve Plans For Valuable, Affordable Housing’

Alhaji Umar Abdullahi is the Managing Director of Brains and Hammers Limited, an Abuja-based company that won the Nigeria Customer Service Award for customer service excellence in real estate during the customer service week. In this interview with Senator Iroegbu, he speaks on plans for

Buhari `Bricks’ 50% complete

President Muhammadu Buhari `Bricks’, affordable 550 units of houses located in Zuba, Abuja currently under construction at a cost N9 billion are 50 per cent completed. The pilot project essentially entailed houses for all categories of Nigerians, Prof. Mohammed Al-Amin, the Managing Director of Federal

Sukuk, others suitable for real estate funding 

A report on the real estate sector has highlighted asset-backed bonds and sukuk, among others, as suitable sources of funds for housing delivery in Nigeria. The report, which was launched by the University of Lagos Centre for Housing and Sustainable Development in partnership with the

Seoul’s revitalisation of youth housing

Youth population continues to flow into Seoul as the capital offers education, wealth, and higher-wage jobs. According to the Korean Statistical Information Service, new residents moving into Seoul totalled 15,000 to 26,000 people annually over the last six years with the trend expected to continue

Is the Low GDP Growth Rate in Nigeria a New Norm?

The real Gross Domestic Product (GDP) growth rate of 1.50 percent recorded in Q2 2018 was below the expectations of most analysts. The GDP numbers reflect the impact of the rising uncertainties in the country. The low growth and contraction across many sectors of the

FMBN refunds N21bn housing fund to retirees

The Federal Mortgage Bank of Nigeria (FMBN) said it has refunded over N21.4 billion National Housing Fund (NHF) to 216,650 retirees across the country. The Managing Director, Arc. Ahmed Musa Dangiwa disclosed this yesterday in Abuja at the September 2018 Lunch Time Reform Seminar on

Analysis: Need For Housing Policy Development

This becomes more urgent when the phenomenon of climate change is considered, given that the building sector is responsible for nearly 40 per cent of greenhouse gas emissions in cities. This problem compels national and city governments to attend to design, planning and technology standards

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