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Home Ownership would be Elusive to Majority Without Single Digit Financing, Says REDAN

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Home Ownership would be Elusive to Majority Without Single Digit Financing, Says REDAN

By: Michael Mike

The Real Estate Developers Association of Nigeria (REDAN) has said that home ownership would continue to be elusive to majority of Nigerians without a single digit financing opportunity.

Speaking at the Capacity Development Conference for Developers in Abuja, the President of the Real Estate Developers Association of Nigeria (REDAN), Alhaji Aliyu Wamakko said in order to achieve government housing plan for Nigeria, interest on loan for building purpose should be drastically lower to a single digit.

He said: “Finance is one of the essentials of our business, hence our focus on how to get facility to build homes at cost that the average Nigerian will be able to afford. We are keen on how our Members can secure long tenured and single digit debt financing without which home ownership will remain elusive, as it is a fact that real estate development is capital intensive and requires a lot of outlay.

He noted that the conference is aimed at capacity development for our REDAN members and has as theme: “Enhancing Investment and Finance Opportunities for Sustainable Real Estate Projects.”

Wamakko said: “The essence of this auspicious event is to further build the knowledge base of our members to be able to manage the multidimensional and multidisciplinary challenges involved in real estate business. It is also to increase our capacity to reduce waste and ensure timely delivery of projects. The knowledge from this conference will greatly help in reducing the incidence of building collapse as there is a specific session for the subtheme.”

He said: “We are concerned that our members comply with all extant laws and be ambassadors of improving and contributing to the growth of the national economy, hence we have invited relevant regulatory organisations to update members on Real Estate Developers Role in the emerging economy.”

Presenting a paper: “Who We Are! Building Collapse Prevention Guild,” the President of Building Collapse Prevention Guild, Yusuf Sulaimon, said the action of Lagos State Ministry of Physical Planning and Urban Development of introducing the Certified Accreditors Programme to increase manpower and increase professionalism in ensuring compliance to building regulations by developers and to help identify buildings that needs to be decommissioned before they end up collapsing, should be copied by other states to end instances of building collapse.

He also advised that REDAN should also create a monitoring team to monitor construction activities and ensure compliance with government regulations, the Standard Organisation of Nigeria (SON) needs to be proactive in ensuring that only quality building materials are in the market, each LCDA should have Building Artisans training Centers to equip the Artisans with requisite knowledge required.

Sulaimon also said the Building Code and Regulations should be amended to include civil punishment to those that flout the building code flagrantly, regular review and update of the building code and regulations to ensure that it is up to standard and best practices, corruption in the building plan approval processing should be frown upon such that developers build according to the plans approved by government.

He said the whistle blowers should be protected and ensure their reports are worked upon and rewarded, if possible, proper planning, supervision and monitoring of construction activities should be institutionalized by policy makers to ensure that all buildings are constructed according to design, specifications, and planning regulations, professionals in the building industry should maintain their integrity and professional ethics and work in accordance with standard practice procedures laid down by the standard form of building contracts especially when they play in the hands of ignorant clients.

Sulaimon equally said urban or town development agencies at various levels of government (Commission, Board, Authority) should enforce control of building works in their localities as laid down in urban and regional planning decree 88, of 1992 and as in section 13 of National Building Code 2006, there is need to organize periodic public awareness campaign through electronic and print media to sensitize the public on advantages of using professionals as the way of realizing safe buildings, and that all building professionals play key roles to actualize their respective obligations during building production, using the wrong professionals at any stage of the building process put the building in danger. It is the duty of the architect as the prime consultant to direct the client to use the right professionals. This he achieves by ensuring that the structural and services drawings brought to his office are stamped and signed by professionals registered by their respective professional bodies before proceeding to planning authority for “building permit”.

He added that soil investigation, material tests and environmental impact assessment (E.I.A) should be made compulsories for all institutional, industrial and commercial buildings.

Home Ownership would be Elusive to Majority Without Single Digit Financing, Says REDAN

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Period poverty: NEEM Foundation distributes sanitary pads to over 300 student in Abuja

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Period poverty: NEEM Foundation distributes sanitary pads to over 300 student in Abuja

By: Michael Mike

NEEM Foundation, a Non-Governmental Organisation (NGO) has distributed sanitary towels to over 300 students in Abuja as part of its commitment to end period poverty among young school girls,

The foundation carried out the empowerment scheme in collaboration with the Regent Schools Abuja, at the Junior Secondary School, JSS, Jabi 1, Abuja.

Head legal, Neem Foundation, Nancy Oyibo
said conversations around menstrual health and hygiene should be normalised, noting that access to menstrual hygiene products is crucial to healthy living, well being and dignity of all women and girls in the society.

She said empowering women to take charge of their menstrual health is not just essential but transformative.

Oyibo said: “We discovered some issues of health as some young girls cannot afford sanitary towels during their period. We thought it was imperative, following the rate of inflation to help the young ladies, the future of our country.”

She disclosed that “this is our second distribution in Abuja, we have also done few distributions in Maiduguri.”

She noted that the target goal is to create a pad bank in schools, as according to research carried out by the organisation revealed that female students sometimes miss school during the period of their menstrual flow.

She said: “This is just a step to many activities to be carried out in this light. We are going to take this all the way to where it needs to get to and to pass on this message so people can understand the effect this has on the education system for young girls.

“We do not want to have girls in situations where they are vulnerable and not proud of something that comes naturally. We want them to come confidently knowing they have nothing to worry about as they can compete with their male counterpart in school and ensure that they get the best out of it.

“For now, we are engaging mostly the girls as we realized that, most of them are shy to discuss topics related to menstrual hygiene, so this stage is to have an interaction with them, to make them comfortable. This factor made us ensure we have male personnel among us to talk about these issues as a gradual process, then subsequently, we include the boys in the discuss.

“This whole situations stems from the home as some homes do not seem it right to discuss issues of menstrual hygiene publicly. This is how some people grew up and we are trying to change that narrative with a focus on spreading the word to everyone.

During an interactive section with the student, Legal Assistant Neem, Aliyyah Abdulkadir disclosed that the organisation saw it necessary to provide sanitary towels from the opinion that, you girls should not stay out of school, or have to choose between school and menstrual care.

She charged the students to be agent of change, in making concerted efforts to educate others in a bid to break the culture of silence.

For her part, the Executive Assistant to the Executive Director, Aisha Muniru Mai, speaking on the up coming 16 days activism on Violence Against Women, said: “We are keying into the issues with specific interest to access to education.

“One of the things we overlook is the period poverty. As if you do not have access to menstrual hygiene products, it will be difficult to go to school and learn. As such we are highlighting period poverty, teaching the children the signs and things they need to be aware of to identify violence and report to appropriate quarters.

The Director/Principal, JSS, Jabi 1, Dr. Grace Ifeyinwa Onyeanusi expressed profound gratitude to NEEM Foundation for the kind gesture as it will go a long way in helping the students maintain hygiene during menstruation.

One of the beneficiaries, A JSS 3 student Tega Praise Ogaga, expressed her appreciation to NEEM Foundation, disclosing how sometimes she is scared to approach her parents to purchase sanitary towels during menstruation and will have to use a single pad for a long period.

She said, “Sometimes I resolve to using rags or more than one pant, which is very discomforting, but with the sanitary towels from NEEM Foundation, I will not have to make any demands from my parents in a while.

Neem Foundation is a leading crisis response organisation committed to promoting the protection and wellbeing of populations and communities living in contexts affected by conflict, violence, and fragility.

Period poverty: NEEM Foundation distributes sanitary pads to over 300 student in Abuja

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Flame Initiatives, RCCG empowers widows in FCT

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Flame Initiatives, RCCG empowers widows in FCT

By: Michael Mike

As part of its commitment to foster empowerment in marginalised communities, Flame Initiatives, a Non-Governmental Organisation under the CINTA Widows Empowerment Programme, has donated food items, funds, and other materials to widows in the Federal Capital Territory (FCT).

The outreach carried out in Abuja, was in collaboration with the Redeemed Christian Church of God (RCCG), The Lord’s Place.

Speaking, the Lead Pastor of the RCCG, the Lord’s Place, Pastor Ola Omosebi, charged the Federal government to make concerted efforts to enhance the current economic situation facing the country, deploying urgent solutions without altering long-term policies.  

Pastor Omosebi said the church is emulating how Christ fed 5,000 persons during famine while asking the government to act fast to ameliorate the suffering of the people.

“The major direction of this event is to have at least one day a year where widows are brought together and empowered with soft skills, business skills, enterprise skills and encouragement. One of the things this program offers is hope. “

He urged the government to support widows through sustainable initiatives. Providing a dedicated secretariat advocating for women, particularly widows, with government representatives. 

“People are struggling to make ends meet, and the prolonged hardship is leading to depression, despair, and even death. The government must prioritize quick-fix solutions alongside long-term plans to restore hope and confidence in the economy.”

Also speaking, the Mandate Secretary, Women Affairs Secretariat of the FCT Administration (FCTA), Dr Adedayo Benjamin-Laniyi,  expressed empathy for the resilient widows, noting that one cannot understand what it means to be in their shoes.

Laniyi, represented by her Personal Assistant, Mrs. Kemi Samuel, noted the fundamental role a husband/father plays, stating that loss can change lives and test the core of beings.

She celebrated the widows for their resilience and strength while acknowledging the challenges amidst the hardship and grief come the capacity to adapt. 

She said, “We are here to support one another. Let today be a reminder to encourage and uplift one another.

“It’s an honour to celebrate strength, resilience, and community. 

She noted that the event is a testament to the extraordinary courage and unwavering determination of everyone who has navigated the challenges of widows.

Also, the President of Widows Organisation International FCT Chapter, Aisha Baba Ringo, advised widows to persevere and be hardworking. 

According to her, “Being a widow doesn’t mean all hope is lost, it’s also not a stigma”. 

A beneficiary of the programme,  Ms Oyeyemi Obende, said the programme has been educative, innovative and supportive. She advised widows not to give up even if the world looked down on them.

Flame Initiatives was established to provide the disadvantaged and mainly rural population with relief materials, motivation, and empowerment to improve their physical and social well-being. Their main objective is to drive social change in communities by facilitating development in the public and private sectors.

Flame Initiatives, RCCG empowers widows in FCT

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COMMISSIONER OF EDUCATION RECEIVES MD NELFUND IN MAIDUGURI; INTERFACES WITH STUDENTS AND ERADICATORS

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COMMISSIONER OF EDUCATION RECEIVES MD NELFUND IN MAIDUGURI; INTERFACES WITH STUDENTS AND ERADICATORS

By: Our Reporter

The Managing Director of the Nigerian Education Loan Fund NELFUND, Akintunde Sawyerr, has visited Borno State to engage with students, educators, and government officials, highlighting the benefits of the NELFUND initiative.

NELFUND, an initiative of President Bola Ahmed Tinubu’s Renewed Hope Agenda, aims to provide all higher institution students with access to financial resources, enabling them to pursue their educational goals and aspirations at ease.

The Managing Director NELFUND Akintunde Sawyerr emphasized his commitment to revitalizing education in the country, stating that the loan programme is designed to also reduce unproductivity and unhappiness amongst Nigerians students, which often lead to broader societal issues.

Sawyerr explained The loan’s modalities, which include creating an online profile as a prerequisite for application, clarifying that the loan is interest-free and does not require a fixed repayment period, making it accessible and flexible for students.

Borno State Commissioner for Education, Science, Technology, and Innovation, Lawan Abba Wakilbe, reiterated the state government’s commitment to facilitating student access to the loan, hence announced the establishment of a dedicated desk officer for NELFUND in the state Ali Sherriff to work in collaboration with the Special Adviser to governor Zulum on Higher Education and other educators.

This initiative, Wakilbe added will guide students throughout the application process and ensure they fully understand THE benefits of the loan, which he described as a low-risk grant and encouraged all eligible students to take advantage of the programme.

During the session, questions were raised seeking further clarification, where the Managing Director provided detailed responses, shedding more light on the programme and its benefits.

COMMISSIONER OF EDUCATION RECEIVES MD NELFUND IN MAIDUGURI; INTERFACES WITH STUDENTS AND ERADICATORS

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