News
Home Ownership would be Elusive to Majority Without Single Digit Financing, Says REDAN
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
News
What Niamey’s Airport attack means for Niger, West Africa and Sahel
What Niamey’s Airport attack means for Niger, West Africa and Sahel
By: Zagazola Makama
Niamey woke up in the morning of Thursday to disturbing reports of heavy gunfire and explosions around the airport zone an area that hosts Niger’s air force base, the headquarters of the joint Sahel force with Mali and Burkina Faso, and a strategic stockpile of uranium.
For nearly two hours, residents heard detonations, saw flashes in the sky resembling anti-aircraft fire, and reported buildings and vehicles in flames. Calm has since returned, but clarity has not.
At the time of writing, no official statement has fully explained what happened. No group has claimed responsibility. And while authorities insist the situation is under control, the silence leaves space for speculation in a region already on edge.
The location alone makes the event highly sensitive. The Niamey airport zone is not an ordinary district. It is the nerve centre of Niger’s air power and regional military coordination. It also hosts uranium stocks, a strategic resource with both national and international implications.
Any shooting in this area automatically raises three big questions: Was this an external attack, an internal security incident, or a mutiny? Some sources suggest the firing may have come from inside the base, which points to the possibility of an internal breach or unrest. If true, this would indicate deep cracks within Niger’s security architecture.
Was a strategic asset targeted? Even if the uranium was not hit, the fact that fighting occurred near such a site elevates the risk level for Niger and its partners. What does this say about control under the current junta? Since Gen. Abdourahamane Tiani took power, Niger has continued to lose it grip on issues of national security. An incident of this scale in the capital challenges that narrative.
For Nigeria, the situation in Niger is not remote. The two countries share a long, porous border, strong trade ties, and deep security interdependence. If Niger’s capital can experience hours of unexplained gunfire around its most sensitive installations, then cross-border insecurity risks increase. Any weakening of control in Niamey could embolden armed groups across the Sahel, including those operating near Nigeria’s northern frontier.
The Sahel’s security architecture looks more fragile. Niger, Mali and Burkina Faso have positioned themselves as a new security bloc after breaking with ECOWAS. Incidents like this brings to the fore about how cohesive and effective that bloc really is. Strategic resources become geopolitical flashpoints. Uranium is not just a Nigerien issue; it has global implications. Any instability around such assets invites international concern and possible pressure.
There is no confirmed evidence yet of a foreign attack, a coup attempt, or a direct operation against uranium. So panic would be premature.
But silence is just as dangerous. In security matters, the absence of clear communication feeds rumours, conspiracy theories and political manipulation. In the Sahel’s volatile environment, that can quickly become destabilising.
What Niamey’s Airport attack means for Niger, West Africa and Sahel
News
Mysterious attack rocks Niger Air Base in Niamey, raises fears of mutiny
Mysterious attack rocks Niger Air Base in Niamey, raises fears of mutiny
By: Zagazola Makama
A major security breach has hit Niger’s capital, Niamey, following a midnight attack on Air Base 101, damaging key military assets and deepening concerns about instability under the junta led by Gen. Abdourahamane Tchiani.
Multiple security sources said explosions were heard around 12:00 a.m. on Wednesday at the strategic air base located near the Diori Hamani International Airport.
The attack reportedly destroyed or disabled several aerial assets, including drones and fixed-wing aircraft, and severely damaged the Unified Force Command Centre.
Four civilian aircraft on the tarmac, including one operated by ASKY Airlines, were also affected, though no passengers were onboard at the time.
Sources said two trucks transporting uranium materials within the base perimeter were hit, but their cargo remained intact, averting a potentially larger disaster.
There were confirmed casualties, with ambulances seen moving in and out of the base area through the night. Some of the attackers were reportedly killed, while others were arrested and taken into custody by Niger’s intelligence services.
However, the identity of those behind the assault remains unclear.
While early speculation pointed to jihadist involvement, no armed group has claimed responsibility. Other security sources told Zagazola that the operation appeared to have been launched from inside the air base, suggesting a possible mutiny rather than an external terrorist strike.
“The pattern of the attack and access to sensitive areas strongly indicate insider involvement,” one regional security analyst said.
The incident has intensified fears that Gen. Tchiani is losing control over key institutions, especially the military, raising serious implications for Niger’s stability and for neighbouring countries, including Nigeria.
Niger plays a critical role in regional security in the Sahel, and any further breakdown of command and control could create new risks for border states already battling terrorism and banditry.
As of the time of filing this report, Niger’s authorities had yet to issue an official statement on the incident.
Mysterious attack rocks Niger Air Base in Niamey, raises fears of mutiny
News
Alleged terrorism: Rescued victims filed complaints against Tukur Mamu- DSS Witness
Alleged terrorism: Rescued victims filed complaints against Tukur Mamu- DSS Witness
A Department of State Services (DSS)’ investigator, on Thursday, told the Federal High Court in Abuja that many of the rescued victims of the 2022 Abuja-Kaduna bound train attack lodged complaints in their office against alleged terrorist negotiator, Tukur Mamu.
The DSS operative, who testified as 6th prosecution witness (PW-6) in the ongoing terrorism trial of Mamu, made the disclosure to Justice Mohammed Umar while being cross-examined by the defence counsel, Johnson Usman, SAN.
The lawyer had asked the witness, who gave his testimony behind a witness screen for security reasons, “to confirm to court if any of the rescue victims, including the wife of the Commandant in Jaji, made any complaint against the defendant to the DSS.”
Responding, the witness said: “Yes, my lord.”
When Usman further asked the witness if the complaint by the rescued victims was either in writing or oral, he said it was in writing.
The DSS’ lawyer, David Kaswe, however, prayed the court to restrain Usman from delving into questions that might touch on the identity of victims or witnesses in the case since the court had granted protection to all.
Responding, Usman told the court that none of the names he called was a witness before the court.
“Even though my lord has granted an order for trial in camera, a trial in camera is not to prejudice the defendant,” he said.
The witness said he interviewed six victims in the course of the investigation.
When he was asked if the six victims were interviewed in the presence of Mamu, the PW-6 responded in the negative.
The witness told the court that he was not a vocologist, having not studied sound in higher institution.
He, however, confirmed that the audio exhibit tendered by the prosecution was the extract of the transcribed audio between Mamu and the terrorists.
When he was asked if he interviewed a former Chief of Defence Staff, General Lucky Irabor (retd.), he said the army chief was not interviewed.
The witness, however, admitted that General Abdulkadir Abubakar was interviewed in the course of investigation.
“When you interviewed him, was it in the presence of the defendant?” the lawyer asked and he said: “No my lord.”
“Did you interview Sheikh Gumi?” Usman asked and the witness responded in the affirmative.
“Was it in the presence of the defendant?” Usman asked.
“No my lord,” the witness responded.
“Did you interview Major General Idris Garba?”
“No my lord,” the PW-6 said.
“Did you interview General Jalingo?” the lawyer asked, and he said: “Yes, my lord.”
The witness said General Jalingo was not interviewed in Mamu’s presence.
“Finally, did you interviewed Hannafi of Defence Military Intelligence,” the lawyer asked and the witness responded in the negative.
“Confirm to court, whether at any time in the course of your investigation, you brought members of the Chief of Defence Staff (CDS) Committee for interview in the presence of the defendant,” Usman asked and the witness responded in the negative.
“Please confirm whether you are aware that the defendant has requested that you brought members of the CDS Committee face to face with him for interview,” the lawyer asked and the witness said: “Yes, he did.”
“Confirm whether the request of the defendant to have the CDS and others involved gathered together for interrogation was granted,” Usman asked, and the witness said:”No, my lord.”
When Usman asked the witness to confirm that Mamu told him that he is a publisher of a newspaper and magazine, the witness said: “Yes, he said so.”
When the lawyer asked the witness to confirm that Mamu told him his means of income was derived from his journalism business, the PW-6 said: “Yes, he claimed “
“As investigator, did you investigate this claim,” the lawyer asked.
“Yes, we did,” he responded.
After the cross-examination, Kaswe told the court the prosecution’s intention to close its case.
“So that we can allow the defendant to enter his defence if they are ready,” he said.
But Usman told the court that they would rather apply for a date to open their defence, .
“We will not file a no-case submission so that the world can see it and God can see it all,” he said.
Justice Umar adjourned the matter until April 23 for Mamu to open his defence.
Alleged terrorism: Rescued victims filed complaints against Tukur Mamu- DSS Witness
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