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	<title>David Umahi - Housing TV Africa</title>
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	<description>24/7 Breaking News, Housing News, Real Estate News, Mortgage News, Construction news, Property News</description>
	<lastBuildDate>Tue, 28 Jul 2026 07:28:21 +0000</lastBuildDate>
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	<title>David Umahi - Housing TV Africa</title>
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	<item>
		<title>FG Completes 40 Major Road Projects, Advances 5,400km of Highway Construction</title>
		<link>https://www.housingtvafrica.com/fg-completes-40-major-road-projects-advances-5400km-of-highway-construction/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=fg-completes-40-major-road-projects-advances-5400km-of-highway-construction</link>
		
		<dc:creator><![CDATA[bethel innocent]]></dc:creator>
		<pubDate>Tue, 28 Jul 2026 07:28:21 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[bridge construction Nigeria]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[Economic Development Nigeria]]></category>
		<category><![CDATA[Federal Ministry of Works]]></category>
		<category><![CDATA[FG completes 40 major road projects]]></category>
		<category><![CDATA[highway construction Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[infrastructure investment]]></category>
		<category><![CDATA[Lagos-Calabar Coastal Highway]]></category>
		<category><![CDATA[Lagos-Ibadan Expressway]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Nigeria road infrastructure]]></category>
		<category><![CDATA[road projects Nigeria]]></category>
		<category><![CDATA[road rehabilitation Nigeria]]></category>
		<category><![CDATA[Sokoto-Badagry Super Highway]]></category>
		<category><![CDATA[transport infrastructure Nigeria]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=36497</guid>

					<description><![CDATA[<p><img width="710" height="400" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/Ministry-of-Works_1785195550.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>The Federal Government has completed 40 major road and bridge projects across Nigeria between May 2023 and May 2026, while construction is ongoing on approximately 5,400 kilometres of highways, expressways, and strategic road corridors nationwide. The update was contained in the Federal Ministry of Works&#8217; three-year projects report, which highlights the administration&#8217;s ongoing investment in [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-completes-40-major-road-projects-advances-5400km-of-highway-construction/">FG Completes 40 Major Road Projects, Advances 5,400km of Highway Construction</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="710" height="400" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/Ministry-of-Works_1785195550.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p><p class="PDq2pG_selectionAnchorContainer" data-start="114" data-end="580">The Federal Government has completed <strong data-start="151" data-end="188">40 major road and bridge projects</strong> across Nigeria between May 2023 and May 2026, while construction is ongoing on approximately <strong data-start="282" data-end="302">5,400 kilometres</strong> of highways, expressways, and strategic road corridors nationwide. The update was contained in the Federal Ministry of Works&#8217; three-year projects report, which highlights the administration&#8217;s ongoing investment in transport infrastructure.</p>
<p data-start="582" data-end="1041">According to the report, about <strong data-start="613" data-end="633">1,800 kilometres</strong> of major road projects have been completed during the review period, while <strong data-start="709" data-end="736">133 additional projects</strong> are currently under construction. The projects span all six geopolitical zones and include highway reconstruction, road dualisation, bridge construction, bypasses, coastal highways, and emergency road interventions aimed at improving connectivity across the country.</p>
<p data-start="1043" data-end="1633">The South-West recorded the highest number of completed projects with 12, followed by the South-East, North-East, and South-South with six each. The North-West and North-Central completed five projects each. Major infrastructure corridors receiving attention include the Lagos-Ibadan Expressway, Lagos-Calabar Coastal Highway, Sokoto-Badagry Super Highway, Kano-Maiduguri Road, Lokoja-Benin Road, Abuja-Kaduna-Zaria-Kano Highway, and several other strategic routes linking commercial centres, ports, agricultural communities, and international borders.</p>
<p data-start="1635" data-end="2112">The <a href="https://fmhud.gov.ng">Ministry</a> noted that the projects are designed to improve transportation efficiency, reduce travel time, lower vehicle operating costs, facilitate the movement of agricultural produce and manufactured goods, and stimulate economic growth. In addition to major highway construction, the programme also includes emergency repairs to roads, bridges, and culverts damaged by flooding and erosion to maintain access for affected communities.</p>
<p data-start="2114" data-end="2491">The report further stated that several leading construction firms, including CCECC, Hitech Construction, Julius Berger, CGC Nigeria, Setraco, RCC, Arab Contractors, China Harbour Engineering Company, Mothercat, and Dangote Industries, are executing projects across different regions under the Federal Government&#8217;s infrastructure programme.</p>
<p data-start="2493" data-end="2900">Stakeholders believe that the success of the road programme will ultimately depend on timely funding, quality project execution, and effective maintenance after completion. They note that improved road infrastructure has the potential to strengthen regional integration, reduce logistics costs, improve road safety, and support Nigeria&#8217;s long-term economic development</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-completes-40-major-road-projects-advances-5400km-of-highway-construction/">FG Completes 40 Major Road Projects, Advances 5,400km of Highway Construction</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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			</item>
		<item>
		<title>Prioritise Road Funding to Boost GDP, Retiring Works Director Urges FG</title>
		<link>https://www.housingtvafrica.com/retiring-works-director-urges-fg-prioritise-road-funding/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=retiring-works-director-urges-fg-prioritise-road-funding</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Fri, 10 Jul 2026 14:42:02 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Abuja valedictory ceremony]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[civil service reforms]]></category>
		<category><![CDATA[concrete pavement roads]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[Federal Ministry of Works]]></category>
		<category><![CDATA[highway construction technology]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[infrastructure budget allocation]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[national development]]></category>
		<category><![CDATA[Nigeria GDP growth]]></category>
		<category><![CDATA[Open Treasury Portal]]></category>
		<category><![CDATA[public sector digitalization]]></category>
		<category><![CDATA[road infrastructure funding]]></category>
		<category><![CDATA[transport infrastructure]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=36356</guid>

					<description><![CDATA[<p><img width="1000" height="550" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/Goronyo_1783661555.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>The Federal Government has been urged to prioritize the timely release of funds for road infrastructure projects to sustain national economic growth, enhance regional connectivity, and accelerate national development. The call was made by the retiring Director of Highways Construction and Rehabilitation at the Federal Ministry of Works, Engr. Clement Ogbuagu, during a valedictory ceremony [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/retiring-works-director-urges-fg-prioritise-road-funding/">Prioritise Road Funding to Boost GDP, Retiring Works Director Urges FG</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1000" height="550" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/Goronyo_1783661555.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-path-to-node="3">The Federal Government has been urged to prioritize the timely release of funds for road infrastructure projects to sustain national economic growth, enhance regional connectivity, and accelerate national development. The call was made by the retiring Director of Highways Construction and Rehabilitation at the Federal Ministry of Works, Engr. Clement Ogbuagu, during a valedictory ceremony held in his honor at the ministry&#8217;s headquarters in Abuja. He emphasized that the road sector is a critical driver of a nation&#8217;s Gross Domestic Product (GDP), noting that an efficient transport network is fundamental to keeping the broader economy functional and thriving.</p>
<p data-path-to-node="4">Ogbuagu’s remarks come on the heels of data from the Open Treasury Portal indicating that the government released approximately ₦2.68 trillion—amounting to barely 5 percent—for the construction, rehabilitation, and maintenance of roads and bridges between 2023 and April 2026. While the government made budget provisions totaling ₦54.93 trillion for road-related infrastructure within that timeframe, a stark disparity remains between approved allocations and actual funding releases, stalling various ongoing capital projects across the country. The retiring director praised the Minister of Works, David Umahi, for introducing modern construction technologies to tackle these durability issues, specifically highlighting the successful deployment of concrete pavement technology on federal highways.</p>
<p data-path-to-node="5">Stepping down after completing his mandatory years of public service, Ogbuagu also commended the ongoing digitalization reforms under the Federal Civil Service Strategy and Implementation Plan, which are steadily transitioning ministries away from inefficient paper-based processes. He advised serving public officers to uphold strict discipline, accountability, and professional ethics to navigate their careers without legal or disciplinary challenges. The Minister of State for Works, Barrister Mohammed Goronyo, lauded Ogbuagu as an exceptional public servant whose professional competence and humility would be deeply missed within the ministry.</p>
<p>The post <a href="https://www.housingtvafrica.com/retiring-works-director-urges-fg-prioritise-road-funding/">Prioritise Road Funding to Boost GDP, Retiring Works Director Urges FG</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>Umahi Orders Demolition of Buildings Within 15m Coastal Highway Corridor</title>
		<link>https://www.housingtvafrica.com/umahi-orders-demolition-of-buildings-within-15m-coastal-highway-corridor/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=umahi-orders-demolition-of-buildings-within-15m-coastal-highway-corridor</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Wed, 08 Jul 2026 13:08:35 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Housing News]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[building demolition Lagos]]></category>
		<category><![CDATA[coastal road setback]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[Federal Ministry of Works]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[infrastructure development risks]]></category>
		<category><![CDATA[Lagos-Calabar Coastal Highway]]></category>
		<category><![CDATA[land use compliance]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[property compensation claims]]></category>
		<category><![CDATA[real estate corridor disruption]]></category>
		<category><![CDATA[right of way enforcement]]></category>
		<category><![CDATA[structural flood mitigation]]></category>
		<category><![CDATA[urban planning setbacks]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=36288</guid>

					<description><![CDATA[<p><img width="1000" height="606" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/20260619_092829.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>How Infrastructure Deficit Stalls Growth in Real Estate has taken an aggressive regulatory turn as the Federal Government ordered the immediate removal of all structures located within a 15-meter setback of the Lagos-Calabar Coastal Highway. Speaking during a live television broadcast on Monday, the Minister of Works, Senator David Umahi, announced that the targeted demolitions [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/umahi-orders-demolition-of-buildings-within-15m-coastal-highway-corridor/">Umahi Orders Demolition of Buildings Within 15m Coastal Highway Corridor</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1000" height="606" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/20260619_092829.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-path-to-node="4">How Infrastructure Deficit Stalls Growth in Real Estate has taken an aggressive regulatory turn as the Federal Government ordered the immediate removal of all structures located within a 15-meter setback of the Lagos-Calabar Coastal Highway. Speaking during a live television broadcast on Monday, the Minister of Works, Senator David Umahi, announced that the targeted demolitions are necessary to clear the legal right-of-way for essential service lanes and modern drainage channels. The Minister explained that these access corridors are a fundamental component of the project&#8217;s approved engineering blueprint, designed specifically to integrate adjoining coastal communities safely into the main arterial expressway.</p>
<p data-path-to-node="5">The enforcement directive has sparked widespread anxiety across the regional property market, with real estate stakeholders projecting that the clearing exercise could affect between 1,700 and 2,700 buildings along the extended transit belt. In response to growing public criticism that the heavy engineering works have worsened recent severe flash floods across Lagos, Umahi strongly defended the multi-trillion naira development. He countered that the coastal highway layout was scientifically engineered to mitigate regional ocean surges and flood risks rather than exacerbate them, pointing to the structural integration of massive stormwater evacuation channels and expansive culverts along the route.</p>
<p data-path-to-node="6">The Works Ministry attributed the persistent seasonal flooding in premium real estate hubs, such as Victoria Island and Lekki, to long-standing environmental abuse, clogged municipal drainage networks, and unauthorized structural developments over natural waterways. Regulatory authorities reiterated that a comprehensive Environmental and Social Impact Assessment was systematically finalized and published before construction commenced. Government executives emphasized that while the administration remains committed to protecting the investments of law-abiding property owners through statutory compensation frameworks, strict enforcement of statutory setbacks remains non-negotiable to secure long-term infrastructure connectivity and regional safety.</p>
<p>The post <a href="https://www.housingtvafrica.com/umahi-orders-demolition-of-buildings-within-15m-coastal-highway-corridor/">Umahi Orders Demolition of Buildings Within 15m Coastal Highway Corridor</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>FG Convenes Stakeholders’ Meeting on Lagos-Calabar Coastal Highway Over Flooding Concerns</title>
		<link>https://www.housingtvafrica.com/fg-convenes-stakeholders-meeting-on-lagos-calabar-coastal-highway-over-flooding-concerns/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=fg-convenes-stakeholders-meeting-on-lagos-calabar-coastal-highway-over-flooding-concerns</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 15:32:05 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[Bola Tinubu]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[environmental management]]></category>
		<category><![CDATA[Federal Ministry of Works]]></category>
		<category><![CDATA[flood control]]></category>
		<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[Lagos flooding]]></category>
		<category><![CDATA[Lagos-Calabar Coastal Highway]]></category>
		<category><![CDATA[Nigeria news]]></category>
		<category><![CDATA[Road Construction]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=36252</guid>

					<description><![CDATA[<p><img width="650" height="350" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/IMG_4668.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The Federal Government has announced a high-level stakeholders’ engagement on the Lagos-Calabar Coastal Highway as part of renewed efforts to address environmental concerns and improve flood management along the project corridor. The meeting, scheduled for Tuesday, July 7, follows an inspection tour of completed and ongoing sections of the highway by the Minister of Works, [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-convenes-stakeholders-meeting-on-lagos-calabar-coastal-highway-over-flooding-concerns/">FG Convenes Stakeholders’ Meeting on Lagos-Calabar Coastal Highway Over Flooding Concerns</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="650" height="350" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/IMG_4668.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p>The Federal Government has announced a high-level stakeholders’ engagement on the Lagos-Calabar Coastal Highway as part of renewed efforts to address environmental concerns and improve flood management along the project corridor.</p>
<p>The meeting, scheduled for Tuesday, July 7, follows an inspection tour of completed and ongoing sections of the highway by the Minister of Works, David Umahi, alongside members of the National Assembly and officials from key government agencies.</p>
<p>According to a statement issued by the Director of Information and Public Relations at the Federal Ministry of Works, Mohammed Ahmed, the engagement will bring together the Senate and House Committees on Works, the Federal Ministry of Environment, the Office of the Surveyor-General of the Federation, the Lagos State Government, representatives of landlords’ associations, and other stakeholders.</p>
<p>The ministry said the meeting is aimed at addressing environmental concerns, promoting environmentally responsible practices, and strengthening collaboration on flood management around the highway corridor.</p>
<p>During the inspection, Umahi dismissed claims linking the Lagos-Calabar Coastal Highway to flooding in parts of Lagos, maintaining that the project was designed with modern drainage infrastructure to improve water flow and reduce flooding in shoreline communities.</p>
<p>The minister explained that the Federal Ministry of Works had already begun collaborating with the Lagos State Government on dredging activities and other environmental mitigation measures to tackle flooding in affected locations.</p>
<p>According to him, persistent flooding in many parts of Lagos is largely caused by indiscriminate refuse disposal, blocked drainage channels, obstructed manholes, and violations of environmental regulations by residents rather than the highway project itself.</p>
<p>“You can see people blocking manholes and creating hazards to the environment. Many complaints about flooding stem from human activities, not the road project,” Umahi said during the inspection.</p>
<p>He assured residents that the Federal Government would continue implementing remediation measures, including improved drainage systems, dredging operations, and strict enforcement of the approved right-of-way along the highway.</p>
<p>Umahi also warned that structures obstructing drainage channels or encroaching on designated setbacks would be removed to ensure effective flood control.</p>
<p>The minister noted that the Lagos-Calabar Coastal Highway incorporates modern engineering features such as culverts, embankments, and drainage systems specifically designed to manage stormwater and complement wider flood-control efforts across Lagos.</p>
<p>He said the inspection was conducted on the directive of President Bola Tinubu as part of the administration’s commitment to protecting lives, property, and critical infrastructure while promoting sustainable development.</p>
<p>To safeguard completed sections of the highway, Umahi directed the Federal Controller of Works in Lagos State, Engr. Olufemi Dare, to enforce environmental safety standards across the project.</p>
<p>He also announced the recruitment of 40 security and monitoring personnel—20 for daytime operations and 20 for night patrols—to prevent vandalism, theft of road infrastructure, and illegal refuse dumping along the highway.</p>
<p>Speaking at the inspection, the Senior Special Assistant to the President on Community Engagement (South-West), Moremi Ojudu, urged residents to support government efforts by protecting the environment and complying with environmental regulations.</p>
<p>Lawmakers who participated in the inspection also defended the project. The Minority Whip of the Senate, Onyekachi Nwaebonyi, said flooding in Lagos predated the construction of the coastal highway and called for expert-driven environmental solutions.</p>
<p>Similarly, the Chairman of the Senate Committee on Works, Allwell Onyesoh, and the Chairman of the House Committee on Works, Akin Alabi, commended the minister’s response to the President’s directive, stressing that Lagos’ flooding challenges require long-term, science-based interventions.</p>
<p>The Director of Environmental Impact Assessment at the Federal Ministry of Environment also confirmed that an Environmental Impact Assessment was approved before construction of the highway commenced, adding that the growing effects of climate change have intensified flooding and other environmental challenges across Lagos.</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-convenes-stakeholders-meeting-on-lagos-calabar-coastal-highway-over-flooding-concerns/">FG Convenes Stakeholders’ Meeting on Lagos-Calabar Coastal Highway Over Flooding Concerns</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>FG to build drainage structures along coastal highway</title>
		<link>https://www.housingtvafrica.com/fg-to-build-drainage-structures-along-coastal-highway/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=fg-to-build-drainage-structures-along-coastal-highway</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 13:44:48 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[climate change Nigeria]]></category>
		<category><![CDATA[compensation for demolition]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[environmental impact assessment]]></category>
		<category><![CDATA[Federal Ministry of Works]]></category>
		<category><![CDATA[Flooding in Lagos]]></category>
		<category><![CDATA[Hitech Construction]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[Kuramo Lagoon]]></category>
		<category><![CDATA[Lagos-Calabar Coastal Highway]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Nigeria infrastructure]]></category>
		<category><![CDATA[President Bola Tinubu]]></category>
		<category><![CDATA[shoreline protection]]></category>
		<category><![CDATA[urban drainage management]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=36225</guid>

					<description><![CDATA[<p><img width="1536" height="864" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/David-Umahi-1536x864-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The Federal Government has announced plans to integrate internal drainage systems and service lanes along specific sections of the ongoing Lagos-Calabar Coastal Highway. This infrastructure modification aims to mitigate the severe seasonal flooding affecting several residential communities located along the construction corridor. Minister of Works, David Umahi, made this disclosure during a comprehensive assessment tour [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-to-build-drainage-structures-along-coastal-highway/">FG to build drainage structures along coastal highway</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1536" height="864" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/David-Umahi-1536x864-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-path-to-node="4">The Federal Government has announced plans to integrate internal drainage systems and service lanes along specific sections of the ongoing Lagos-Calabar Coastal Highway. This infrastructure modification aims to mitigate the severe seasonal flooding affecting several residential communities located along the construction corridor. Minister of Works, David Umahi, made this disclosure during a comprehensive assessment tour of Section One of the mega road project, following directives from President Bola Tinubu to investigate public concerns raised over environmental impacts.</p>
<p data-path-to-node="5">During the joint inspection with federal lawmakers, environmental consultants, and construction partners, officials observed that the current flooding problems stem largely from human interference rather than the road design itself. Technical evaluations revealed that numerous natural drainage channels and critical water retention basins, including parts of the Kuramo Lagoon, had been systematically reclaimed through illegal sand-filling. Consequently, the Ministry of Works has halted these unauthorized reclamation activities and ordered dredging operations to restore the natural carrying capacity of the waterways.</p>
<p data-path-to-node="6">The administration dismissed online claims blaming the new arterial route for recent ecological disruptions, clarifying that structural challenges in nearby estates predate the highway project. At Alpha Beach, engineering assessments indicated that many residential foundations were built below proper flood-level projections without adequate environmental impact consideration. To create functional access and proper water channeling, the government will deploy strategically positioned culverts, though the addition of these necessary service roads may require removing certain structures encroaching on the right-of-way.</p>
<p data-path-to-node="7">To ensure fairness, the federal authorities are collaborating with the Lagos State Government to verify property approvals, pledging that equitable compensation will be paid to valid property owners where displacement is unavoidable. Meanwhile, infrastructure experts defended the ongoing shoreline protection works being executed by the contractor, comparing the reclamation method to the successful model used for Eko Atlantic City. This specialized engineering approach is expected to shield vulnerable communities from escalating coastal erosion, ocean surges, and rising sea levels.</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-to-build-drainage-structures-along-coastal-highway/">FG to build drainage structures along coastal highway</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>Tinubu Approves N3.9trn For 27 Road Projects</title>
		<link>https://www.housingtvafrica.com/tinubu-approves-n3-9trn-for-27-road-projects/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=tinubu-approves-n3-9trn-for-27-road-projects</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Wed, 01 Jul 2026 13:06:06 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Abuja–Kaduna–Kano Highway]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[Aliko Dangote]]></category>
		<category><![CDATA[Dangote tax credit road]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[Federal Executive Council]]></category>
		<category><![CDATA[federal roads Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[infrastructure development Africa]]></category>
		<category><![CDATA[Lagos-Ibadan Expressway concession]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Nigeria Ministry of Works]]></category>
		<category><![CDATA[Nigeria road infrastructure]]></category>
		<category><![CDATA[Nigerian Economy]]></category>
		<category><![CDATA[President Bola Tinubu]]></category>
		<category><![CDATA[state roads financing]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=35980</guid>

					<description><![CDATA[<p><img width="486" height="340" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/David-Umahi-486x340-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>President Bola Tinubu has approved over N3.9 trillion for 27 key infrastructure projects across 15 states. The multi-trillion naira investment aims to drastically upgrade the national transport network, enhancing economic connectivity and safety. The Minister of Works, David Umahi, announced the major decision on Monday following a Federal Executive Council meeting at the Presidential Villa [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/tinubu-approves-n3-9trn-for-27-road-projects/">Tinubu Approves N3.9trn For 27 Road Projects</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="486" height="340" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/David-Umahi-486x340-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-path-to-node="4">President Bola Tinubu has approved over N3.9 trillion for 27 key infrastructure projects across 15 states. The multi-trillion naira investment aims to drastically upgrade the national transport network, enhancing economic connectivity and safety. The Minister of Works, David Umahi, announced the major decision on Monday following a Federal Executive Council meeting at the Presidential Villa in Abuja. According to the minister, the extensive road interventions will span Adamawa, Benue, Cross River, Ebonyi, Ekiti, Kogi, Kwara, Lagos, Niger, Ondo, Osun, Oyo, Plateau, Taraba, and Yobe states.</p>
<p data-path-to-node="5">A major highlight of the executive approvals is the re-award of a 409-kilometre dual carriageway project in Niger State. This specific contract was handed to businessman Aliko Dangote at a cost of N1.8 trillion under the Federal Government’s tax credit scheme. Additionally, the administration sanctioned N276 billion for the dualisation of the Ilorin-Ogbomoso Road, N265 billion to reconstruct the Iseyin-Eruwa-Agbesi Road linking Oyo and Kwara states, and N217 billion for dualising the old alignment from Ijaye through the Federal Government College to Ilorin Road, complete with a spur to Akinmorin.</p>
<p data-path-to-node="6">Other high-value allocations feature N116 billion earmarked for the 21-kilometre Abakaliki-Afikpo Road in Ebonyi State, alongside N110 billion for the Ogbomoso-Oko Illupu Road traversing Oyo and Osun states. To address critical corridors in North-Central and South-West Nigeria, N104 billion was approved for rehabilitating Sections One and Two of the Ilorin-Omorin-Ebe-Kabba-Obajana Road, while N98 billion will fund the construction of the 30-kilometre Idi-Araba-Ayede-Olodo Road in Oyo State. Plateau State will also see a N92 billion injection for phase two of the Baban-Lamba-Sharan Road rehabilitation.</p>
<p data-path-to-node="7">The federal infrastructure rollout further includes N86 billion each for the Enugu-Abakaliki Road reconstruction featuring a new flyover, and the Adikpo-Ajayi-Tese-Akpa Otukpo Road serving Benue and Cross River states. In the North-East, the Jimeta-Mayo Belwa Road in Adamawa secured N83 billion, while Oyo State gained approvals of N82 billion for the Igbeti Road rehabilitation and N74 billion for the Igbeti-Soro-Kishi Road construction. A N71 billion allocation will fund the 52-kilometre Dabban-Makina Road in Niger State, and N62.99 billion will construct the Tungo-Karamti Road, which includes five essential bridges connecting Adamawa and Taraba states.</p>
<p data-path-to-node="8">Smaller but critical arterial routes were also funded, such as N58 billion for phase two of the Yola-Hong Mubi Road, N46 billion for the Amasiri-Okporojo Road, and N34 billion for the 18-kilometre Ikere-Ekiti-Ijare Road bridging Ekiti and Ondo states. Infrastructure structural additions include a N26 billion flyover on the Trans-Sahara Road, a N24.7 billion rehabilitation contract for the Kabba-Ifaki-Ado Ekiti Road, and a N21 billion flyover at the Oko-Olowo Junction in Kwara State.</p>
<p data-path-to-node="9">Rounding off the approvals, N15.7 billion was cleared for the Pacific Road linking Igbe Laara to Ikorodu in Lagos, N15.5 billion for the 13-kilometre Badeku Jaiye Road in Oyo, and N15.246 billion for phase two of the Yola-Fufore-Gurin Road in Adamawa. Yobe State&#8217;s 32.2-kilometre Gashua Road project received a N15 billion contract augmentation. Beyond the newly approved finances, Umahi confirmed that the government has ratified the full business case for the operation and maintenance concession of the Lagos-Ibadan Expressway, ordering immediate concrete pavement reconstruction on its failed Ibadan sections. He concluded by revealing that the initial 118-kilometre stretch of the Abuja-Kaduna-Kano Highway has been completed at a value of N137 billion.</p>
<p>The post <a href="https://www.housingtvafrica.com/tinubu-approves-n3-9trn-for-27-road-projects/">Tinubu Approves N3.9trn For 27 Road Projects</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>Tinubu Approves N3.9tn Road Projects Across 15 States</title>
		<link>https://www.housingtvafrica.com/tinubu-approves-n3-9tn-road-projects-across-15-states/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=tinubu-approves-n3-9tn-road-projects-across-15-states</link>
		
		<dc:creator><![CDATA[bethel innocent]]></dc:creator>
		<pubDate>Tue, 30 Jun 2026 08:52:15 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Abuja–Kaduna–Kano Highway]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[Business News Nigeria]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[Economic Development Nigeria]]></category>
		<category><![CDATA[Federal Executive Council]]></category>
		<category><![CDATA[federal roads Nigeria]]></category>
		<category><![CDATA[highway projects Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[infrastructure investment Nigeria]]></category>
		<category><![CDATA[Lagos-Ibadan Expressway]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Nigeria road projects]]></category>
		<category><![CDATA[Nigeria transport sector]]></category>
		<category><![CDATA[public infrastructure Nigeria]]></category>
		<category><![CDATA[road construction Nigeria]]></category>
		<category><![CDATA[road infrastructure Nigeria]]></category>
		<category><![CDATA[Tinubu approves N3.9tn road projects across 15 states]]></category>
		<category><![CDATA[transport infrastructure Nigeria]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=35818</guid>

					<description><![CDATA[<p><img width="678" height="452" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/president-Tinubu.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>President Bola Tinubu has approved 27 road projects valued at more than N3.9 trillion across 15 states as part of the Federal Government&#8217;s efforts to improve road infrastructure and enhance connectivity nationwide. The approvals were announced by the Minister of Works, David Umahi, following a meeting of the Federal Executive Council in Abuja. According to [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/tinubu-approves-n3-9tn-road-projects-across-15-states/">Tinubu Approves N3.9tn Road Projects Across 15 States</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="678" height="452" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/president-Tinubu.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p class="PDq2pG_selectionAnchorContainer" data-start="90" data-end="473">President Bola Tinubu has approved 27 road projects valued at more than N3.9 trillion across 15 states as part of the Federal Government&#8217;s efforts to improve road infrastructure and enhance connectivity nationwide. The approvals were announced by the Minister of Works, David Umahi, following a meeting of the Federal Executive Council in Abuja.</p>
<p data-start="475" data-end="836">According to the minister, the projects are spread across Adamawa, Benue, Cross River, Ebonyi, Ekiti, Kogi, Kwara, Lagos, Niger, Ondo, Osun, Oyo, Plateau, Taraba, and Yobe states. The projects include new road constructions, dualisation works, rehabilitation of existing roads, and the construction of bridges and flyovers.</p>
<p data-start="838" data-end="1306">One of the largest approvals is the re-award of the 409-kilometre dual carriageway project in Niger State under the tax credit scheme at a cost of N1.8 trillion. Other major projects include the dualisation of the Ilorin-Ogbomoso Road, reconstruction of the Iseyin-Eruwa-Agbesi Road, rehabilitation of the Ilorin-Omorin-Ebe-Kabba-Obajana Road, and the construction of several strategic roads linking states and economic corridors.</p>
<p data-start="1308" data-end="1800">The council also approved projects in Lagos, including the construction of the Pacific Road linking Igbe Laara to Ikorodu, as well as additional projects in Adamawa, Oyo, Kwara, Ebonyi, Plateau, and other states. Furthermore, the Federal Government approved the full business case for the operation and maintenance concession of the Lagos-Ibadan Expressway and directed the reconstruction of failed sections along the Ibadan axis using concrete pavement.</p>
<p data-start="1802" data-end="2208">Umahi disclosed that the first 118-kilometre section of the Abuja-Kaduna-Kano Highway, valued at N137 billion, has been completed, describing the road projects as part of the administration&#8217;s broader infrastructure development agenda aimed at boosting economic activities, improving transportation efficiency, and strengthening regional integration across the country.</p>
<p>The post <a href="https://www.housingtvafrica.com/tinubu-approves-n3-9tn-road-projects-across-15-states/">Tinubu Approves N3.9tn Road Projects Across 15 States</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>FG Demands Cement Price Cuts from Manufacturers</title>
		<link>https://www.housingtvafrica.com/fg-demands-cement-price-cuts-from-manufacturers/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=fg-demands-cement-price-cuts-from-manufacturers</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Fri, 26 Jun 2026 11:12:10 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Housing News]]></category>
		<category><![CDATA[affordable housing Nigeria]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[building materials cost]]></category>
		<category><![CDATA[cement prices Nigeria]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[economic regulation]]></category>
		<category><![CDATA[federal roads projects]]></category>
		<category><![CDATA[HBM Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[industrial production]]></category>
		<category><![CDATA[Infrastructure Development]]></category>
		<category><![CDATA[Lafarge Africa rebranding]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Ministry of Works]]></category>
		<category><![CDATA[Nigerian Construction Sector]]></category>
		<category><![CDATA[public works contracts]]></category>
		<category><![CDATA[structural inflation]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=35624</guid>

					<description><![CDATA[<p><img width="1140" height="776" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/Cement-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The Federal Government has issued a firm directive to cement manufacturers nationwide to immediately lower the market cost of their products. This intervention comes amid rising concerns that current pricing structures are creating significant financial strains on active infrastructure initiatives across the country. According to authorities, the pricing surge has led to numerous construction firms [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-demands-cement-price-cuts-from-manufacturers/">FG Demands Cement Price Cuts from Manufacturers</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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										<content:encoded><![CDATA[<p><img width="1140" height="776" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/Cement-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p><span class="citation-24 citation-end-24">The Federal Government has issued a firm directive to cement manufacturers nationwide to immediately lower the market cost of their products. </span>This intervention comes amid rising concerns that current pricing structures are creating significant financial strains on active infrastructure initiatives across the country. According to authorities, the pricing surge has led to numerous construction firms demanding contract variations, a situation that the government insists must be addressed by adjusting production costs rather than public budgets.</p>
<p><span class="citation-23 citation-end-23">Minister of Works, Senator David Umahi, announced that official talks between the government and major industry stakeholders are scheduled to commence on July 1, 2026.</span> Speaking at an industrial gathering in Lagos, Umahi stated that building material suppliers must take proactive measures to manage their pricing structures instead of relying on the state to absorb rising material expenses. The minister emphasized that contractors are under immense pressure due to financial constraints, but noted that the administration will not be reviewing existing project allocations.</p>
<p id="p-rc_d31babf844e62ad7-28" data-path-to-node="5"><span class="citation-22 citation-end-22">Beyond securing public infrastructure, the government highlighted that a reduction in market rates is essential to support affordable housing for everyday citizens.</span> The ongoing expansion of transport networks, bridges, and highways under President Bola Tinubu&#8217;s administration offers extensive commercial prospects for suppliers who adapt to the country&#8217;s development needs. Consequently, industry players have been urged to scale up their manufacturing volumes to balance affordability with the accelerating demands of national growth.</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-demands-cement-price-cuts-from-manufacturers/">FG Demands Cement Price Cuts from Manufacturers</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>Umahi Demands Cement Price Cut as Lafarge Rebrands to HBM</title>
		<link>https://www.housingtvafrica.com/umahi-demands-cement-price-cut-as-lafarge-rebrands-to-hbm/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=umahi-demands-cement-price-cut-as-lafarge-rebrands-to-hbm</link>
		
		<dc:creator><![CDATA[bethel innocent]]></dc:creator>
		<pubDate>Thu, 25 Jun 2026 12:45:43 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[affordable housing Nigeria]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[building materials Nigeria]]></category>
		<category><![CDATA[Business News Nigeria]]></category>
		<category><![CDATA[cement manufacturing Nigeria]]></category>
		<category><![CDATA[cement prices Nigeria]]></category>
		<category><![CDATA[Construction Industry Nigeria]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[HBM Nigeria]]></category>
		<category><![CDATA[Housing Development Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[infrastructure development Nigeria]]></category>
		<category><![CDATA[Lafarge Africa]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Nigeria construction sector]]></category>
		<category><![CDATA[property development Nigeria]]></category>
		<category><![CDATA[real estate development Nigeria]]></category>
		<category><![CDATA[Umahi demands cement price cut as Lafarge rebrands to HBM]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=35597</guid>

					<description><![CDATA[<p><img width="290" height="174" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/dave-umahi.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The Minister of Works, David Umahi, has called for a reduction in cement prices in Nigeria, urging manufacturers to support the Federal Government&#8217;s infrastructure and housing development efforts by making the product more affordable. Umahi made the appeal during the rebranding ceremony of Lafarge Africa Plc to HBM. He noted that cement remains a critical [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/umahi-demands-cement-price-cut-as-lafarge-rebrands-to-hbm/">Umahi Demands Cement Price Cut as Lafarge Rebrands to HBM</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="290" height="174" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/dave-umahi.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p class="PDq2pG_selectionAnchorContainer" data-start="94" data-end="328">The Minister of Works, David Umahi, has called for a reduction in cement prices in Nigeria, urging manufacturers to support the Federal Government&#8217;s infrastructure and housing development efforts by making the product more affordable.</p>
<p data-start="330" data-end="650">Umahi made the appeal during the rebranding ceremony of Lafarge Africa Plc to HBM. He noted that cement remains a critical component of road construction, housing projects, and other infrastructure developments, stressing that lower prices would help accelerate ongoing projects and reduce construction costs nationwide.</p>
<p data-start="652" data-end="979">The minister expressed concern over the high cost of cement despite the availability of raw materials and local production capacity in the country. He said affordable cement prices would not only benefit government projects but also ease the financial burden on individuals and private developers undertaking building projects.</p>
<p data-start="981" data-end="1217">Speaking at the event, officials of HBM reaffirmed the company&#8217;s commitment to maintaining quality standards and contributing to Nigeria&#8217;s economic growth through continued investment in manufacturing and sustainable business practices.</p>
<p data-start="1219" data-end="1587">Industry stakeholders noted that cement prices have remained a major concern for builders and property developers, with rising construction costs affecting housing delivery and infrastructure expansion across the country. They added that stable and affordable pricing could significantly improve access to housing and stimulate activity within the construction sector.</p>
<p data-start="1589" data-end="1821">Analysts believe that collaboration between government and cement manufacturers will be essential to addressing cost challenges and supporting the country&#8217;s broader development objectives, particularly in housing and infrastructure.</p>
<p data-start="1823" data-end="2040">The minister reiterated the government&#8217;s commitment to expanding infrastructure and creating an enabling environment for industrial growth while encouraging manufacturers to align with national development priorities.</p>
<p>The post <a href="https://www.housingtvafrica.com/umahi-demands-cement-price-cut-as-lafarge-rebrands-to-hbm/">Umahi Demands Cement Price Cut as Lafarge Rebrands to HBM</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>Lafarge Africa Rebrands as HBM Nigeria Following Huaxin Acquisition</title>
		<link>https://www.housingtvafrica.com/lafarge-africa-rebrands-as-hbm-nigeria-following-huaxin-acquisition/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lafarge-africa-rebrands-as-hbm-nigeria-following-huaxin-acquisition</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Thu, 25 Jun 2026 07:03:38 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[building materials]]></category>
		<category><![CDATA[cement industry]]></category>
		<category><![CDATA[David Umahi]]></category>
		<category><![CDATA[Gbenga Oyebode]]></category>
		<category><![CDATA[HBM Nigeria Plc]]></category>
		<category><![CDATA[Huaxin Group]]></category>
		<category><![CDATA[Infrastructure Development]]></category>
		<category><![CDATA[Lafarge Africa]]></category>
		<category><![CDATA[Lolu Alade-Akinyemi]]></category>
		<category><![CDATA[Nigeria economy]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=35572</guid>

					<description><![CDATA[<p><img width="700" height="400" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/IMG_4073.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>A new chapter has opened in Nigeria’s building materials industry as Lafarge Africa Plc officially unveiled its new corporate identity and name, HBM Nigeria Plc, following a change in ownership structure and strategic direction. The rebranding marks a significant milestone in the company’s transformation journey and aligns with its integration into the global operations of [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/lafarge-africa-rebrands-as-hbm-nigeria-following-huaxin-acquisition/">Lafarge Africa Rebrands as HBM Nigeria Following Huaxin Acquisition</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="700" height="400" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/IMG_4073.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p>A new chapter has opened in Nigeria’s building materials industry as Lafarge Africa Plc officially unveiled its new corporate identity and name, HBM Nigeria Plc, following a change in ownership structure and strategic direction.</p>
<p>The rebranding marks a significant milestone in the company’s transformation journey and aligns with its integration into the global operations of Huaxin Building Materials Group, a leading Chinese construction materials company.</p>
<p>The company assured stakeholders that the transition to HBM Nigeria Plc would not affect its operations, workforce, customers, shareholders or longstanding commitment to supporting Nigeria’s economic growth and infrastructure development.</p>
<p>Huaxin, a Chinese building materials giant established in 1907, recently acquired the controlling stake previously held by Holcim in Lafarge Africa, paving the way for the company’s new identity.</p>
<p>Speaking during the unveiling ceremony in Lagos, Group Managing Director and Chief Executive Officer, Lolu Alade-Akinyemi, described the rebranding as a strategic move designed to position the company for future growth while maintaining its strong presence in Nigeria’s construction sector.</p>
<p>“HBM Nigeria Plc represents an exciting new chapter in our journey as a leading building solutions company. While our corporate identity is evolving, our commitment to Nigeria remains unwavering,” he said.</p>
<p>Alade-Akinyemi noted that the company would continue delivering high-quality cement, concrete, aggregates and innovative building solutions aimed at supporting infrastructure development, housing expansion and industrialisation across the country.</p>
<p>According to him, the transition will be implemented through a structured and phased process across the company’s nationwide operations to ensure seamless business continuity.</p>
<p>He added that the company remains focused on operational excellence, innovation, sustainability and long-term value creation for shareholders and other stakeholders.</p>
<p>Chairman of HBM Nigeria Plc, Gbenga Oyebode, said the new corporate identity is designed to strengthen the company’s position for long-term success while preserving the values and principles that have defined its legacy over the years.</p>
<p>Oyebode expressed confidence that the company would continue to create sustainable value, strengthen stakeholder trust and contribute significantly to Nigeria’s economic development.</p>
<p>Also speaking at the event, Minister of Works, David Umahi, commended the company for its contributions to Nigeria’s infrastructure development through the execution of major construction and building projects across the country.</p>
<p>The rebranding signals a new era for the company as it seeks to leverage global expertise, advanced technology and expanded industrial collaboration to deepen its impact on Nigeria’s construction and infrastructure sectors.</p>
<p>The post <a href="https://www.housingtvafrica.com/lafarge-africa-rebrands-as-hbm-nigeria-following-huaxin-acquisition/">Lafarge Africa Rebrands as HBM Nigeria Following Huaxin Acquisition</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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