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FG to Establish National Land Commission… Put in Place Model Mortgage Foreclosure Law
FG to Establish National Land Commission
… Put in Place Model Mortgage Foreclosure Law
By: Michael Mike
The Federal Government has announced plan to establish a National Land Commission, even as it revealed that works are on to put in place a Model Mortgage Foreclosure Law.
The Minister of Housing and Urban Development, Arc. Ahmed Dangari disclosed this on Tuesday at the ongoing 6th Nigeria Diaspora Investment Summit, NDIS in Abuja
The summit which has as theme, “New Vistas, New Aspirations, New Visions: The Diaspora and National Development is put to gather NDIS in conjucntion with Nigerians in Diaspora Commission (NIDCOM).
Dangiwa, in his remarks at the Summit, said the Land Commission when established will outline clear implementation guideline for the land Use Act.
The Minister said: “We are working to establish a National Land Commission. Part of their work will be to outline clear implementation guidelines for the Land Use Act to chart a new path of effective land administration in the country.”
He revealed that: “Last week I met with the leadership of the Presidential Technical Committee on Land Reforms, Prof. Peter Adeniyi, where I committed to incorporating the comprehensive work, they have done over 14-years in our land reform strategy.
“As the renowned land reform scholar said, experience shows that a nation can never develop if it does not conduct land reform. This will be done under the Renewed Hope Action Plan for Housing.”
Dangari further explained: “Notable part of our housing sector reforms that is of particular interest to the Diaspora interested in investing in the housing and real estate sector is land reforms. What we envision is a streamlined land administration that cuts through the bureaucratic bottlenecks and systemic inefficiencies to ensure cost effective and efficient access to land for both individuals and investors in our country.
“Currently, we have a situation where the Land Use Act, which was enacted in 1978 has no complementary institution set up alongside it to provide the necessary framework, guidelines, and regulations for operationalizing it. Under the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu, GCFR, we aim to fix this systemic anomaly”.
The Minister also revealed that government is working towards having a uniformed mortgage system.
He said: “The second is the nationwide adoption of the Model Mortgage Foreclosure Law. The Model Mortgage Foreclosure Law (MMFL) provides contemporary provisions on the creation, registration, and enforcement of mortgages, along with remedies like foreclosure and the enforcement of mortgages on real properties and related purposes in Nigeria.
“As of date, the Model Mortgage Foreclosure Law (MMFL) has been passed in only four (4) states, including Lagos, Kaduna, Ekiti, and Nasarawa States. We aim to drive its passage in all the states of the federation as part of our efforts to ensure that investments in the housing and mortgage sector are protected.”
He hinted of government’s plan towards “boosting local manufacturing of building materials,” adding that: “Nigeria’s shortfall in the supply of quality housing stock presents a good opportunity for investors.”
He said: “To drive this, we aim to create an enabling environment for private sector players to produce building materials locally to lower cost, create jobs, grow the local economy, and ultimately ensure inclusive growth.
“To do this we are planning to establish six (6) manufacturing hubs – one in each of the six (6) geo-political zones in the country. The hubs will be provided with relevant facilities, including access roads, electricity, fit for purpose housing and relevant linkages for manufacturers to site their firms and operate. We are also proposing relevant incentives that will make it more profitable and rewarding for the private sector to manufacture building materials locally. “
The Minister who also launched the Diapsora Housing Mortgage Loan, assured Nigerians in Diaspora that the government is willing to support them to own houses in the country.
He said: “And as a Ministry, we are willing to support Diaspora initiatives in the housing and urban development space as well as encourage partnerships with the Diaspora towards making a change in the housing and urban development narrative of our dear country.
“It is important for me state that when we think about the Diaspora, we are not only thinking of them as sources of finance to develop our country, but we also see them as Nigerians, who though abroad, are desirous of owning homes in Nigeria. “
The Diaspora Housing Mortgage Scheme, he explained “is designed to enable Nigerians living overseas participate in the National Housing Fund (NHF) Scheme so they can access up to N50million to own their homes in Nigeria. Participants can access the loan via a National Housing Fund (NHF) loan, Rent-to-Own or the Individual Construction loan window.
“The terms are affordable and best market rates. This includes a single-digit interest rate of 9%, and a payback period of up to 10 years.
“As part of the initiative, the Federal Mortgage Bank of Nigeria will facilitate the construction of affordable housing units in major cities that meets the specifications of Nigerians in Diaspora.
“I want to say that the FMBN is not the only agency under the Ministry of Housing and Urban Development that is delving into catering to the housing needs of the Diaspora.
“The Federal Housing Authority (FHA)is also involved as part of the Ministry’s sector wide effort to cater to the Diaspora. They have undertaken to develop the Diaspora City Project under a Public Private Partnership comprising the FHA, The Nigerians in Diaspora Commission (NIDCOM) the Federal Capital Territory (FCT) and the private sector. The Project is situated in Maitama 2, with over 675 hectares of land. The FCT administration has committed to opening the road and providing the relevant infrastructure. The Diaspora City project is designed to have bungalows, semi-and detached duplexes, and mansions to reflect its inclusive essence.
“So, today, I want to say that I am excited to be the Minister of Housing and Urban Development to launch the Diaspora Mortgage Scheme, which I initiated as the MD/CE of the Federal Mortgage Bank of Nigeria on this auspicious occasion. Indeed, I consider it a positive twist of fate and “I want to use this opportunity to urge Nigerians in the diaspora to seize the opportunity the Scheme affords them to actualize their dreams of owning affordable homes in Nigeria.
“Our overall goal is to ensure that as our brothers and sisters’ sojourn abroad, they also have a decent shelter over here in Nigeria to call their home.”
On the country’s mortgage system, he said, “I am aware that the Mortgage scheme is set to be formally launched in the United Kingdom, Canada, and the United States soon, and it is my hope that the diaspora community would take full advantage of this opportunity and massively subscribe to reap its short and long-term benefits.”
The Minister equally assured the Diasporans of government commitment to sustaining necessary partnership with all relevant stakeholders.
“As I conclude my speech, I would like to assure you of the Federal Ministry of Housing and Urban Development’s commitment to sustaining the necessary collaborations, partnerships, and engagements with all relevant Stakeholders in the Housing and Urban Development sector, as we all work together towards ensuring the success of the Diaspora Housing Mortgage scheme, providing affordable housing, and ensuring sustainable urban development for Nigerians.”
Meanwhile, the Chairman/CEO of Nigerians in Diaspora Commission(NIDCOM), Hon. Abike Dabiri-Erewa, has urged Nigerians in Diaspora to catch in on the current opportunities by investing in the country, insisting that now is the best time to invest in Nigeria.
She said: “My dear guests seated here and online, I assure you that this is an exciting time to be doing business in Nigeria,and this Summit is a step in making investment and growth a reality, because as Nigerians both at home and in the Diaspora, we should always be conscious of the fact that Home is Home, and no one can develop Nigeria ike Nigerians.”
Dabiri-Erewa said in the quest of the Federal Government to go far in repositioning the economy, there was a need to partner with the Diaspora in achieving these goals.
She said: “His Excellency, President Bola Ahmed Tinubu who has just returned from attending the Saudi-Africa Summit made efforts to underscore Nigeria’s commitment to attracting more Diaspora direct investment and expand business partnerships, which are strongly reinforced by the administration’s ongoing domestic economic reforms.
“The summit is very appropriate because it creates innovative platforms of partnerships, between the Government and the Diaspora, in attracting investment into local businesses and thus enhancing Diaspora Direct Investment in the country,” she added.
FG to Establish National Land Commission
… Put in Place Model Mortgage Foreclosure Law
News
Cuba, Colombia React as US Confirms Military Strikes on Venezuela
Cuba, Colombia React as US Confirms Military Strikes on Venezuela
By: Michael Mike
Cuba and Colombia have issued statements following reports of US military strikes on Venezuela, after multiple explosions were recorded in the capital, Caracas, early Saturday.
Residents reported loud blasts across several parts of the city, alongside sightings of warplanes, helicopters and what appeared to be unmanned aerial vehicles operating overhead. Venezuela’s government described the incident as a “serious military aggression,” alleging that US forces targeted both civilian and military sites in Caracas and in the surrounding states of Miranda, Aragua and La Guaira.
US President Donald Trump later confirmed that American forces carried out the operation, announcing that Venezuelan President Nicolás Maduro and his wife had been captured and flown out of the country.
In a strongly worded response, Cuban President Miguel Díaz-Canel condemned the action, calling on the international community to respond urgently. He described the strike as a criminal act that violated regional peace, accusing Washington of state terrorism against Venezuela and Latin America as a whole.
“Our zone of peace is under brutal assault,” Díaz-Canel said, expressing solidarity with the Venezuelan people.
Colombian President Gustavo Petro took a more measured approach, stating that his government was closely monitoring developments. He expressed concern over the reported explosions and increased aerial activity, warning against further escalation.
“The Colombian government rejects any unilateral military action that could worsen the crisis or endanger civilians,” Petro said.
Former Bolivian President Evo Morales also condemned the strikes, describing them as an imperialist attack that violated Venezuela’s sovereignty. He pledged solidarity with the Venezuelan people, insisting the country was not facing the situation alone.
The developments unfold against the backdrop of longstanding tensions between Washington and Caracas. The Trump administration has repeatedly accused Venezuela’s leadership of involvement in large-scale drug trafficking, claims the Maduro government has dismissed as justification for foreign intervention and regime change.
Cuba, Colombia React as US Confirms Military Strikes on Venezuela
News
Seven killed in Qua’an-Pan as attackers target fellow Christian villagers in Plateau
Seven killed in Qua’an-Pan as attackers target fellow Christian villagers in Plateau
By: Zagazola Makama
At least seven persons were killed late Friday night in Bong village, Doemak District, Qua’an-Pan Local Government Area of Plateau State, in an attack reportedly carried out against fellow Christians residents by criminals operating within the community.
Eyewitnesses said the attackers stormed the community late at night while residents were asleep in an attempt to rustled their livestock.
A native of the area, Mr Lawrence Dogari, said that many villagers were injured in the attack, while some persons were still missing.

“For now, I can confirm that over seven persons have been killed, while several others were injured. Some people are still unaccounted for,” Dogari said.
Confirming the incident, Mr Danaan Cletus Sylvanus, Director of Press and Publicity to the Executive Chairman of Qua’an-Pan Local Government Council, Mr Christopher Audu Manship, said the exact number of casualties was still being verified.
He said the council chairman had condemned the attack and was working closely with security agencies to ensure that the perpetrators were arrested and brought to justice.
“The chairman is deeply saddened by the attack on innocent persons and is collaborating with security operatives to ensure the culprits are brought to book,” Sylvanus said.
Meanwhile, sources at the Plateau State Police Command said the incident was linked to a cattle-rustling attempt carried out by criminal elements operating within the area.
According to a police sources, at about 4:20 a.m. on Jan. 2, unknown armed men invaded Bong/Kook village in Qua’an-Pan LGA and rustled some cows. It said that operatives of the police, military, NSCDC and vigilante groups were mobilised to the area following a distress call.

The sources said that two of the assailants were killed in a bid escape, but later abandoned the rustled cows and fled.
“The rustled cows have been recovered, while the corpses of the deceased were deposited at the Cottage Hospital morgue in Kwalla for autopsy,” the police sources said, adding that additional security deployment had been made to the area.
Notably, preliminary accounts from the community and security sources indicate that the attack was not carried out by Fulani bandits, nor did the rustled livestock belong to Fulani pastoralists, pointing to the indications that the attackers were members of the local community.
Seven killed in Qua’an-Pan as attackers target fellow Christian villagers in Plateau
News
AT KASHIM IBRAHIM UNIVERSITY CONVOCATION CEREMONY IN MAIDUGURI
AT KASHIM IBRAHIM UNIVERSITY CONVOCATION CEREMONY IN MAIDUGURI
No Investment In Education Is A Gamble, Says VP Shettima
…As varsity installs Ooni of Ife as Chancellor
By: Our Reporter
Vice President Kashim Shettima has observed that there is no investment in education that is a gamble, saying the the education sector remains a deliberate commitment to securing a better future for Nigeria.
He described education as the most powerful tool for development, economic empowerment, and societal liberation.
Speaking on Saturday during the combined convocation ceremonies of Kashim Ibrahim University in Borno State, where a total of 2,294 students graduated across three academic sessions (2022/2023, 2023/2024 and 2024/2025), the Vice President said, “No investment in education is ever a gamble. It is a conscious plan for a better, more secure future.”
He urged the graduating students to see themselves as ambassadors of integrity, service, and excellence, noting that their conduct would define the reputation of the institution.

“Wherever life takes you, you carry the name and values of Kashim Ibrahim University. You must shun ethical shortcuts and moral compromise,” he stated.
The Vice President pointed out that Borno State and its government understand the consequences of neglecting education, having endured years of disruption caused by insurgency.
“Borno has paid a heavy price for the years education was disrupted. Yet, the people chose resilience over despair and learning over loss,” he said.
Describing the graduands as pioneers of the university, VP Shettima reminded them that history has placed a special responsibility on their shoulders.
“You are the first torchbearers of this institution. History will judge this university by what you become and how you conduct yourselves,” he added.
He commended the academic and administrative leadership of the institution, including its pioneer Vice-Chancellor, current management, lecturers, and staff, for laying what he termed “a solid foundation for learning in the heart of the North-East.”
The VP praised Borno State Governor, Prof. Babagana Umara Zulum, describing him as “a leader whose vision turned an idea into an enduring institution.”
“This convocation is proof that true leadership measures power by the number of lives it enlightens,” he maintained, just as he applauded the university’s Pro-Chancellor and Chairman of the Governing Council, Alhaji Muhammadu Indimi, for his commitment to the state, even at the height of the Boko Haram insurgency.

“Alhaji Indimi’s wealth has consistently been deployed for the good of society, especially when Borno needed it most,” he added.
Senator Shettima further acknowledged the role of traditional institutions, particularly the Shehu of Borno, even as acknowledged the solidarity shown by North-East governors during the darkest days of insurgency in the region.
In a symbolic gesture, the Vice President announced the donation of two electric vehicles to support the university’s shuttle services, saying “these vehicles are a modest contribution to ease mobility within the campus and support the learning environment”.
Earlier, Governor Zulum of Borno State announced automatic employment for 81 best graduating students of the university, and immediate postgraduate sponsorships within and outside Nigeria.
“Excellence must be rewarded. These young men and women have earned the confidence of the Borno State Government,” Zulum said.
He urged the graduates to step into the world as worthy ambassadors of the institution and agents of development.
The Chancellor of the university, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi II, pledged to work towards the accelerated growth of the institution.
“I accept this responsibility with humility and commitment. I will work tirelessly to advance the development of Kashim Ibrahim University,” the monarch said.
He thanked the Vice President for initiating the establishment of the university and Governor Zulum for finding him worthy of the appointment.
The Vice-Chancellor, Prof. Babagana Gutti, disclosed that the university’s ultra-modern teaching hospital, nearing completion, would be the largest and most equipped in the country.
“When completed, our teaching hospital will stand as a national reference point for medical training and service delivery,” he said.
Prof. Gutti added that the institution, established during Shettima’s tenure as Governor of Borno State, has been ranked the fastest-growing university in Nigeria, noting that over 50 physical projects were completed by the state government.
Highlights of the convocation included the installation of the Ooni of Ife as Chancellor of the university and the conferment of honorary Doctor of Letters degrees on him and international businessman, Alhaji Muhammadu Indimi.
Best graduating students were also awarded MSc and PhD scholarships by Vice President Shettima.
AT KASHIM IBRAHIM UNIVERSITY CONVOCATION CEREMONY IN MAIDUGURI
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