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Reps consider restricting politicians, families to public hospitals, schools
EconomicNews

Ojulari Marks 100 Days at Helm of NNPCL with Key Milestones in Energy Reforms

As Engr. Bashir Bayo Ojulari clocks 100 days as Group Chief Executive…

Oluwafisayo Olaoye Oluwafisayo Olaoye
The Nigerian Senate has approved President Bola Tinubu’s external borrowing proposal of over $21 billion for the 2025–2026 fiscal period, marking a significant step toward funding the 2025 Appropriation Act and supporting key infrastructure and development initiatives across the country.
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Senate Approves Tinubu’s $21bn Loan Plan to Fund 2025 Budget

The Nigerian Senate has approved President Bola Tinubu’s external borrowing proposal of…

Oluwafisayo Olaoye Oluwafisayo Olaoye
Demolition Tragedy: Man Dies Hours After Abuja Structure Pulled Down
DemolitionHousingNews

Demolition Tragedy: Man Dies Hours After Abuja Structure Pulled Down

A man who was caught in the aftermath of a demolition exercise…

Oluwafisayo Olaoye Oluwafisayo Olaoye
Real Estate Becomes Nigeria’s Third Largest Sector After GDP Rebasing
HousingHousing NewsNews

Real Estate Becomes Nigeria’s Third Largest Sector After GDP Rebasing

Nigeria’s Real Estate industry has climbed to the third spot among the…

Oluwafisayo Olaoye Oluwafisayo Olaoye
Lafarge Africa Triples Q2 Profit to ₦126.6bn as Cement Sales Drive ₦516.9bn Half-Year Revenue
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Lafarge Africa Triples Q2 Profit to ₦126.6bn as Cement Sales Drive ₦516.9bn Half-Year Revenue

Cement giant Lafarge Africa Plc has posted a pre-tax profit of ₦126.6…

Oluwafisayo Olaoye Oluwafisayo Olaoye
Nigeria’s External Reserves Rise to $40.1 Billion in July — CBN Governor
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Nigeria’s External Reserves Rise to $40.1 Billion in July — CBN Governor

Nigeria’s external reserves have surged to $40.11 billion as of July 2025,…

Oluwafisayo Olaoye Oluwafisayo Olaoye
Suspended Senator Natasha Storms National Assembly with Supporters Amid Tight Security
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Suspended Senator Natasha Storms National Assembly with Supporters Amid Tight Security

Suspended Senator representing Kogi Central, Natasha Akpoti-Uduaghan, on Tuesday made a dramatic…

Oluwafisayo Olaoye Oluwafisayo Olaoye
Lagos Luxury Property Market Surges to $7.5 Billion Amid Rising Demand, High Yields
Housing NewsNews

Lagos Luxury Property Market Surges to $7.5 Billion Amid Rising Demand, High Yields

The Lagos luxury housing sector has been valued at approximately ₦3.2 trillion…

Oluwafisayo Olaoye Oluwafisayo Olaoye
62 Dead in Lagos Fire, Building Collapses — Mid-Year Emergency Report Reveals
HousingHousing NewsNews

62 Dead in Lagos Fire, Building Collapses — Mid-Year Emergency Report Reveals

A total of 62 lives have been lost to fire outbreaks and…

Oluwafisayo Olaoye Oluwafisayo Olaoye
The Federal Government has completed over 150 slum upgrading and urban renewal projects across Nigeria’s six geopolitical zones, under the National Urban Renewal and Slum Upgrade Programme, transforming lives in low-income communities and boosting job creation. This was disclosed by the Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, in a recent interview, where he highlighted the broad impacts of the government’s housing interventions under President Tinubu’s Renewed Hope Agenda. According to Dangiwa, the projects are being executed using a mix of innovative financing, budgetary allocations, private sector partnerships, and fast-tracked land access—moving away from the slow traditional bureaucracy. “These projects are not just about shelter. They improve access to water, electricity, roads, schools, and healthcare. We are delivering real change in underserved communities,” he said. The upgrades span critical infrastructure improvements that directly impact quality of life, while housing construction efforts have had a wider economic effect. The minister revealed that with 10,112 housing units currently under construction, the programme has created over 250,000 jobs, involving artisans, engineers, architects, and suppliers. “Each housing unit supports at least 25 direct and indirect jobs. We’re seeing artisans earning up to ₦150,000 monthly—many for the first time. This income supports families and boosts local economies,” Dangiwa added. The ministry also launched a digital housing portal to streamline home applications and eliminate middlemen, making the process transparent and accessible to Nigerians both at home and abroad. Beyond housing and employment, the government is addressing land reform through the Nigeria Land Registration, Documentation, and Titling Programme. Dangiwa noted that over 96% of land in Nigeria remains undocumented, leaving millions without legal proof of ownership—limiting their access to credit or the ability to pass land to their children. “Untitled land is ‘dead capital’. Our titling reform aims to unlock wealth, encourage investment, and support economic inclusion,” he said. Dangiwa emphasized that under the Renewed Hope Agenda, housing is being leveraged not only as shelter but also as a powerful economic tool—stimulating livelihoods, enhancing infrastructure, and laying a foundation for sustainable national development.
Housing NewsNews

FG Completes 150 Slum Upgrades Nationwide, Generates Over 250,000 Jobs

The Federal Government has completed over 150 slum upgrading and urban renewal…

Oluwafisayo Olaoye Oluwafisayo Olaoye
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