…As 49% Of Population Lives In Slums The President of African Development Bank (AfDB), Dr. Akinwumi Adesina, has charged the Nigerian government to urgently introduce welfarist policies needed to ensure all Nigerians have access to basic and affordable housing. Adesina, who gave the charge in his lecture at the occasion where he was honoured with […]
The Federal Government, through the Federal Ministry of Innovation, Science and Technology, has signed a Memorandum of Understanding (MOU) with Domineum/Edenbase UK for the development of Abuja Tech City. The Minister of Innovation, Science and Technology, Uche Nnaji, who signed the agreement on behalf of the government in Abuja, said the collaboration laid the foundation […]
Residents and property owners in Committee on Resettlement and Development Layout, popularly called CRD, in Lugbe, along Airport Road in the Federal Capital Territory (FCT), Abuja, have sent a passionate plea to President Bola Tinubu to save them from threats by the Federal Capital Development Authority (FCDA) to demolish their homes and reallocate their lands […]
Governor Babajide Sanwo-Olu on Monday signed the N2.267 trillion 2024 Appropriation Bill of Lagos State into law at a ceremony in the State House, Alausa Ikeja. Tagged the “Budget of Renewal”, the state government listed the key thrusts of the capital expenditures as infrastructure, environment, education and technology, just as it significantly raised allocation to […]
Despite promises by the BUA Cement’s management to deliver cement at lower prices to consumers this year, a new report by Cardinal Stone, a full-service investment banking and multi-asset management firm, has projected that prices of the commodity may further soar this year. The just published report titled “Nigeria Cement Rebounding from a Tumultuous Year” […]
Apparently miffed by the level of public’s handling and maintenance of Federal Government’s assets across the country, the Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has expressed his concern about the detestable attitude in view of the costs to sustained drive towards Nigeria’s sustainable development. Oyedele, who spoke on his concern about […]
Global reinsurance firm, Swiss Re, on Wednesday announced its acquisition of Fathom, Bristol, UK-based provider of water risk intelligence and flood models, under an arrangement that make the firm retain its own brand and work closely with the firm’s Reinsurance Solutions division to further develop and distribute its innovative flood and climate risk data, maps, […]
BudgIT, one of the frontiline civic society organisations promoting transparency, accountability and effective service delivery in Nigeria, has raised some concerns over the proposed 2024 Appropriation Bill now before the National Assembly. In a statement issued by the organization on its observations in the fiscal document, it lamented that the President Bola Tinubu’s administration had […]
The National Insurance Commission (NAICOM) has reminded the three tiers of government in Nigeria to factor into their yearly budgets funds that will provide insurance cover public buildings in line with the existing insurance law in the country.. The Commissioner for Insurance and Chief Executive Officer of the commission, Mr. Sunday Thomas, who gave the […]
The Federal Government on Thursday hinted of its plans to commence the construction of 34,500 housing units in the 36 states and the Federal Capital Territory (FCT). The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, made this disclosure in his keynote address at the ongoing 12th Meeting of the National Council of […]