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OBASEKI, AMBODE, ABUBAKAR TO ATTEND 12TH ABUJA INTERNATIONAL HOUSING SHOW

Edo state Governor, Godwin Obaseki, Gov. Darius Ishaku of Taraba State and Gov. Mohammed Abubakar of Bauchi State are among a host of State Governors expected at the 12th Abuja International Housing Show.

The Show which is the largest housing and construction finance stakeholders’ forum in West Africa will hold 16th-19th July, 2018 at the International Conference Centre in Abuja.

Others expected at the Show are Governor Akinwunmi Ambode of Lagos State, Gov. Benedict Ayade of Cross River State and the Governor of Kaduna State, Nasir El-Rufai.

The Minister of Power, Works and Housing, Babajide Raji Fashola will serve as the Chief Host of the Show and will be assisted by the two Ministers of State in the Ministry Baba Shehuri and Suleiman Hassan.

The theme for this year’s expo is Driving Growth and sustainability in Nigeria Housing and Mortgage Markets-improving structures and policies for impact.

Confirmed to speak at the show are Femi Adewole, Managing Director of Shelter Afrique, Kenya, Kecia Rust, Executive Director and Founder, Centre for Affordable Housing Finance In Africa and Agnes Tokunbo Martins, Director, OFID, Central Bank of Nigeria.

Adeleke Samuel, Housing TV

 

 

OBASEKI, AMBODE, ABUBAKAR TO ATTEND 12TH ABUJA INTERNATIONAL HOUSING SHOW

Edo state Governor, Godwin Obaseki, Gov. Darius Ishaku of Taraba State and Gov. Mohammed Abubakar of Bauchi State are among a host of State Governors expected at the 12th Abuja International Housing Show.

The Show which is the largest housing and construction finance stakeholders’ forum in West Africa will hold 16th-19th July, 2018 at the International Conference Centre in Abuja.

Others expected at the Show are Governor Akinwunmi Ambode of Lagos State, Gov. Benedict Ayade of Cross River State and the Governor of Kaduna State, Nasir El-Rufai.

The Minister of Power, Works and Housing, Babajide Raji Fashola will serve as the Chief Host of the Show and will be assisted by the two Ministers of State in the Ministry Baba Shehuri and Suleiman Hassan.

The theme for this year’s expo is Driving Growth and sustainability in Nigeria Housing and Mortgage Markets-improving structures and policies for impact.

Confirmed to speak at the show are Femi Adewole, Managing Director of Shelter Afrique, Kenya, Kecia Rust, Executive Director and Founder, Centre for Affordable Housing Finance In Africa and Agnes Tokunbo Martins, Director, OFID, Central Bank of Nigeria.

Adeleke Samuel, Housing TV

 

 

Real estate still Nigeria’s fifth biggest contributor to GDP

Despite the economic challenges in Nigeria’s real estate sector, a new report by one of the nation’s online platform- PropertyPro has revealed that the sector still retained its position as fifth contributor to the Gross Domestic Product (GDP)

The report, which is focused on the trends of the Nigerian real estate market in the year 2017 and the first quarter of 2018, analysed how impactful the economic recession was in the real estate market.

The 2018 first quarter report by the firm, a member of Tolet Property Group also featured studies of emerging real estate market in Nigeria as a whole, high lighting activity and performance.

It also looked at trends and going prices for properties within the residential and commercial umbrellas of the real estate market.

According to the report, the year 2017 saw the Nigerian economy come out of the recession that had plagued the country since the first quarter of 2016.

The real estate industry has been in the fifth largest contributor to the Nigerian economy and a potential goldmine for investors; but as the Nigerian economy grew, the real estate industry’s contribution to GDP dwindled.

The sector ended 2017 with a -5.92% contribution to the country’s GDP; a significant drop from the 3.1% recorded in the 1st quarter.

Experts attributed this to the restrictions placed on the availability of foreign exchange that affected the construction industry, which is heavily import based, and the unstable economic climate, which has affected the general willingness to invest in the country’s real estate sector.

But the report said Nigerian real estate market has grown since the emergence of online real estate sites in the late 2000s.

The market has grown more in states experiencing a high rate of urbanization.

With the Country’s 4.3% increase in yearly urbanization concentrated in only a few states of the country.

In the report, which narrowed down to the most performing areas on the Nigerian real estate scene with major focus placed on selected areas in Lagos and Abuja, including certain areas in Ogun state, Port Harcourt (Rivers state) and Ibadan (Oyo state), Lagos appeared the most active state on the Nigerian real estate scene and also maintains the most listings and leads across all major online real estate platforms.

This was largely due to the high level of urbanization in the state. Ikoyi has the most expensive properties in Lagos for both sales and rent. For sales, the average cost of a three-five bedroom house is as high as 308,000,000 while the lowest priced properties in Lagos are situated in the Alimosho axis with three and five bedroom houses going for N28, 000,000 on average.

The report also put Abuja as the second most active area on the real estate scene but stated that it still way behind in real estate activity compared to Lagos.

“We monitored the most searched types of properties by Nigerians along with the price range that fell with the interest of online real estate end users” said Seyi Ayeni, the Chief Technical Officer.

The Chief Operating Officer and co-founder, Oladapo Eludire, also noted that “real estate investment always require lots of funding and when dealing in such high risk investment, gut feeling isn’t enough in making the best decisions. Such decision needs to be backed up by data.

Bertram Nwannekanma

 

Provide land for housing – Fashola tells Lagos

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has urged the Lagos State Government to provide land for National Housing Programme in the state.

The News Agency of Nigeria reported that Fashola made the call at the 2018 Ramadan Lecture of the Lagos branch of the Ansar-Ud-Deen Society of Nigeria.

The minister said the President Muhammadu Buhari led-administration was working towards making life more meaningful for Nigerians through carefully designed programmes and projects.

According to him, the National Housing Programme is one of the Federal Government’s efforts to address the country’s housing deficit.

He said, “Over 30 states have provided land for the housing programme and work has started in the states. We are appealing to the Lagos State Government to do same in Lagos.”

Fashola also said Buhari had approved the construction and reconstruction of roads, including the Lagos-Abeokuta road, Lagos-Ibadan road, as well as the Ikorodu -Shagamu road.

According to him, the roads would aid effective transport in the areas.

He added that the ministry was working hard to improve power supply and make prepaid meters available to Nigerians.

The National Chairman, ADS, Alhaji Femi Okunnu, urged the state government to exempt missionary schools from paying tax, as well as paying Land Use Charge.

Punch

Enugu CBN solar city takes off, state pledges support

The Governor of Enugu State, Chief Ifeanyi Ugwuanyi has pledged to support the construction of the first solar powered estate being built by CBN Cooperative in partnership with Geometrix Homes and Estates Ltd., in Enugu.

According to a statement, the governor made the pledge when the National Executive Committee of the CBN Cooperative led by its president, Mr. Isa Aminu Buhari and the Management of Geometrix Homes and Estates Ltd paid a courtesy call on him at the Government House.

Mr. Isa Aminu Buhari while briefing the g,overnor said the project which is one of the first set to be built across states with their partner Geometrix Homes and Estates Ltd is intended to be environmentally friendly and will solve the perennial energy problem which afflicts most homes in Nigeria.

“The solar city project is situated at the reserved section of the Emene Industrial Layout. It is the second of a series of solar powered estates to be developed across the country by the CBN Cooperative in partnership with Geometrix Homes and Estates Limited” the statement indicated.

“The proposed estate comprises of over 170 plots sitting on a land area of over 14 hectares. It will be a fenced and gated neighborhood with asphalted streets, good drainage and well landscaped lawns. Other facilities such as internet backbone, security and cleaning services, etc will be provided. All the houses within the estate will be powered by solar energy along with street lights,” it said.

Chris Agabi

Traffic jam: Town planner canvasses bicycle use

A Professor of Urban and Regional Planning at the Federal University of Technology, Akure, Eno Okoko, has recommended the use of bicycles for short trips by the commuting population in cities across the country.

Okoko made the recommendation in the 98th inaugural lecture of the university titled, ‘Spatial interaction: The quintessence of urban mobility’.

He stated that bicycle as a mode of transportation for short trips was energy efficient, non-polluting and environment friendly.

According to him, because of its flexibility and ability to render door-to-door services in towns where the road condition does not permit an efficient operation of taxi or bus services, and its ability to beat long queues of vehicle on roads where the traffic situation is chaotic, bicycles have advantages over other modes of para-transit transport even in terms of travel time.

Okoko also called on governments and road builders to henceforth include bikeways in urban road designs as was the case in other countries.

“Some municipal authorities deliberately encourage communities to ambulate or walk in the city in order to reduce the population of cars. It has similar advantages as bicycling and requires no fuel other than a person’s most recent meal and it has old origin,” he said.

He also lamented what he termed lack of effective ‘pedestrianisation’ measures in most Nigerian cities, adding that pedestrians constituted about 22 per cent of all road deaths, the majority being school children, women and the elderly.

Okoko said the provision of pedestrian traffic facilities in city centres would ensure seamless spatial interaction and quintessential urban mobility.

He also stated that inappropriate activities such as street trading and unauthorised street parking should no longer be tolerated, and called on relevant agencies to implement parking regulations, provide parking spaces, and if need be, develop multi-storied and underground parking facilities.

The don further suggested the use of a national transport data bank to take care of transportation planning, traffic management and transportation modelling.

Maureen Ihua-Maduenyi

Stakeholders want facility management in school curriculum

The International Facility Management Association, Nigeria Chapter, has asked the government and other relevant stakeholders to include facility management in the country’s school curriculum.

The association stated this at an event to commemorate the World Facility Management Day, 2018 with students of the Government Technical College, Agidingbi, Lagos.

The President, IFMA Nigeria, Mr. Pius Iwundu, said there was a need to imbibe the passion for facility management in the young ones and also train as well as engage professionals in the field to manage the built environment.

According to him, incorporating facility management in the school curriculum for development purposes will help to improve the maintenance culture that will shape the future of the country’s economy in general and the passion for proper upkeep of the built environment in particular.

He said celebrating with the students was part of the strategy for capacity development and the need to inspire the next generation of facility managers.

The theme for the celebration was ‘Enabling positive experiences: Inspiring the technical students for a better tomorrow’.

Iwundu stated, “The often unexpected and disruptive influences in our global environment must be managed effectively to ensure stability and success in the sectors that rely on the results of the facility managers and their teams. This ensures that facilities meet high expectations to enhance life in the built environment, whether it is at work, rest or play.

“The public and private sectors should enable more positive experiences in the built environment or whatever people are directly impacted by facility management deliverables. We need to have passion for facility management.”

He noted that facility management was a multi-disciplinary profession that could ensure the functionality of the built environment by integrating people, place, process and technology.

Iwundu added, “Facility management is the fastest growing industry in the world today and must therefore be embraced by everyone for our built environment to reach its life expectancy and serve its purpose.

“In recent years, Nigeria has gradually moved and should continue to move away from state-owned and operated facilities and services in favour of outsourcing solutions, a practice that is now attracting investment and improving the efficiency and quality of facilities and infrastructure in order to finally move away from the challenges of reliance on breakdown rather than preventive maintenance; under-pricing and use of substandard construction materials and consumables; and lack of understanding in the concept of project lifecycle analysis and costing.”

A past President of IFMA Nigeria, Stephen Jagun, stated that technical knowledge was vital for the young generation.

According to him, students with technical knowhow stand a better chance of employability and job creation.

The Principal, Government Technical College, Agidingbi, and Director of Education, Lagos State Technical and Vocational Education Board, Belinda Odeh, said the state government recognised the importance of technical and vocational education, hence its resolve to create three more technical colleges before the end of the year.

Maureen Ihua-Maduenyi

Dangote plans N30 billion institute for local artisans

Irked by the dearth of artisans in the construction sector, the Dangote Group is to spend about N30billion in the next five years in training 500,000 artisans in the construction industry.

The move according to the Chief Executive Officer of Dangote Group, Alhaji Aliko Dangote, is to solve the skills challenge in the country as well as create jobs.

Addressing over 3,000 participants at the Lagos Business School Owner Managers’ programme at the campus in Lagos, he noted that there was the need to develop programme that would allow Nigerian artisans to grow as current realities show that most of the builders and artisans come from Togo or Ghana.

He said: “The building sector allows room for a lot of artisans such as buildersand plumbers We will spend about N6billion, which is to just train people and make sure that we have enough manpower in the system”.

He explained that the goal would be achieved through an institute that would be guided by a curriculum and award of certificates to 100,000 trainees yearly.
“We are lacking a lot of artisans and going to launch an institute, which I am the chairman and train 100,000 technicians, such as bricklayers, plumbers and so on per annum. In five years, we would have trained 500, 000 people. Anybody that finishes will be given a certificate. The programme will spread round the country to create jobs every year”, he said.

According to him, the group spends about N2billion yearly as a form of Corporate Social Responsibility (CSR) in training over 1,000 engineers, technicians and other artisans while 70 per cent of the trained personnel were absorbed into the group.

Victor Gbonegun

NIESV sets up resource centre for members

NIESV
…to present Land Use Charge report to LASG

The Nigerian Institution of Estate Surveyors and Valuers, Lagos Branch, has created a resource centre and an e-library to bridge professional skills gap in the profession and the industry at large.

The Chairman, NIESV, Lagos branch, Mr. Olurogba Orimalade, said the centre was created to ensure training on a weekly and monthly basis in specialised areas that were hitherto done outside the country.

He stated, “Foreign companies in Nigeria are using new technologies and that alone is disqualifying project managers meant to be supervising certain jobs.

“The resource centre will help us bring in people to teach us those technologies; the advantage is that nobody will have the need to go abroad for those skills. We are not only concerned about our fees, but also building capacity of our members.”

Orimalade, who spoke ahead of the 2018 Estate Surveyors and Valuers’ Week, which commenced on Sunday and will end on Friday, May 25, said the key highlight of the week would be the inauguration of the remodelled branch secretariat by the President of NIESV, Roland Abonta, made up of the resource centre and e-library.

He stated, “The resource centre that has been created is an 11-seater classroom designed to have the most current equipment and devices for organised master classes/training workshops. The main vision for the centre is to focus on training in key areas in the real estate industry, especially in the estate surveying and valuation profession.

“This resource centre, we believe, will be one of the tools that should help improve the professional skill set of our members and the public at large, through the various trainings and master classes, which will be taking place there. The e-library has been created in a similar fashion. The plan is to have computer systems with unlimited Internet access for members mainly for the purpose of research.”

On the Land Use Charge, Orimalade said the branch had prepared a report that would be presented to the Lagos State Government this week.

According to him, the report is expected to advise the government on areas to improve upon, among others.

“We have asked the government to look at the process from the angle that people want to pay tax but there should be clarity. The government has a right to come up with tax but the argument is if it is fair,” he noted.

Orimalade also appealed to residents to cooperate with estate surveyors and valuers, who had been commissioned to carry out enumeration of houses in the state.

Maureen Ihua-Maduenyi

FG to build second phase housing project in Benue

The Federal Government has requested for additional land to carry out the phase II of its housing project in Benue State.

Minister of State for Works, Transport and Energy, Surveyor Suleiman Hassan Zarma, made the request to Governor Samuel Ortom in Makurdi during his visit to the state to inspect ongoing projects under the purview of his ministry.

Zarma who also sought for the resolution of compensation issues relating to the phase I housing project, expressed hope that when completed, the projects would boost economic activities in the state just as he described Benue as strategic as it links the northern part of Nigeria to the south.

The minister however called on the state government to wade into the illegal construction of houses in Otukpo to enable expansion and construction of township roads in the area.

Responding, Governor Ortom stressed the need for the federal government to give special attention to five federal roads in the state as he decried the deplorable condition of most of the federal roads within his territory.

Ortom appealed for the rehabilitation of such roads as well as construction of bridges where necessary for ease of transportation, adding that the roads included, the Abinsi -Agasha -Anyiin -Wukari, Makurdi – Gboko-Katsina-Ala, Makurdi-Otukpo – 9thMile as well as Makurdi – Adoka- Naka -Ankpa roads.

The governor also told the minister that all issues regarding compensation on the land for the ongoing construction of a federal housing estate in Makurdi would speedily be looked into as he noted that the additional land requested for would be provided for the phase two of the project and mass housing estate for low income earners.

Hope Abah

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