Category Archives: Business

Delta, TURECC Flag Off 1,000 Housing Units For Civil Servants

Asaba – Delta State Government, in partnership with TURECC, an international estate construction firm, has flagged off 1,000 Housing Units. This is part of the efforts of the state government to make the state civil servants and others have their houses. Get your daily housing

Obaseki Pegs Time for Building Approval at 48 Hours, CofO, 30 Days

By Adibe Emenyonu in Benin City Edo State Governor, Mr. Godwin Obaseki, has charged the Ministry of Physical Planning and Urban Development to ensure a 48-hour turn-around time for approval of building plans in the state within the next two months. Gov. Obaseki also directed

Homeowners’ Charter: Amosun Explains Delay In Issuance Of C of O

Abeokuta – Ogun State Governor, Senator Ibikunle Amosun, has identified lack of proper documentation and incomplete payment by applicants under the Homeowners’ Charter Programme as factors responsible for the delay in issuance of Certificates of Occupancy. Amosun stated this during the 29th edition of presentation

Taking Nigerian affordable housing narratives beyond borders

With over 170 million people, Nigeria, the most populous country in black Africa is plagued with housing problem. This issue has been a thorn in the flesh of various governments as moves towards addressing the ugly phenomenon repeatedly failed. In 1991 for example, the Nigeria

FMBN to MBAN: Refrain from delaying disbursement to developers

The Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Arch. Ahmed Musa Dangiwa, has warned the Mortgage Bankers’ Association of Nigeria (MBAN) to stop delaying the disbursement of funds to developers. Dangiwa, who gave the warning at a tripartite meeting between the Federal Mortgage Bank

Housing Loan Scheme Will Give Succour To Public Servants ―Dogara

THE Speaker of the House of Representatives, Honourable Yakubu Dogara on Tuesday stated that the Bill to amend the Federal Government Housing Loan Board to administer housing loan scheme to public sector workers would bring succour to public servants by bridging the housing deficit and

Lagos Declares 28-day Limit for Processing Building Approval Permit

Gboyega Akinsanmi In a move to improve the state’s ease of doing business, the Lagos State Government has pegged the period within which building approval can be processed to 28 days, saying it has waved title documents as a condition for obtaining approval. The state

ASO Savings denies $250m equity capital

The Management of ASO Savings & Loans Plc is aware of the recent news in the print and electronic media suggesting that Milost Global Inc is set to inject $250M equity capital into ASO Savings & Loans Plc. “We dismiss this claim and wish to

Mortgage bankers coerce governors on Foreclosure Law

In a bid to deepen mortgage penetration and promote home ownership among citizens, the Mortgage Bankers’ Association of Nigeria (MBAN) is mounting pressure on state governors to adopt its Model Mortgage and Foreclosure Law in their localities. Speaking with New Telegraph in Lagos, MBAN President,

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