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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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Bego shares Buni’s achievements as journalists take a tour in Yobe

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Bego shares Buni’s achievements as journalists take a tour in Yobe

By: Yahaya Wakili

Yobe State in Northeastern Nigeria is one of the states that suffered from the Boko Haram insurgency, but with the support and effort of the security agencies, things are improving a lot.

However, one of the effects of the insurgency was to destroy the local community; the people have suffered, their lives and their livelihoods were destroyed, and many have lost their loved ones.

The State Commissioner of the Ministry of Home Affairs, Information, and Culture, Hon. Abdullahi Bego, disclosed this to a team of journalists who embarked on a media tour organized by the Yobe State government across the state. The tour started with the Kannama modern market, the headquarters of the Yunusari local government area.0

Bego further said that. His Excellency Governor Mai Mala Buni thought that there is a need to rebuild communities to reinvigorate economic activities to ensure that people can go back to their farms and their markets to ensure that they can rebuild their lives.

“Governor Buni is providing a lot of support in terms of agriculture inputs, equipment, and fertilizer, among others, adding that when people finish from their farms, they will come to their market. That is why Governor Buni decided to establish such markets so that we have control where people can transact business.” He said.

Also briefing the journalists, the commissioner of Housing and Rural Development, Architect Ahmed Buba, said since the coming of Governor Buni on board, he has constructed 9 markets and completed five ultramodern markets across the state; these include 4 modern markets that were also constructed in Yunusari, Ngalda, Machina, and Buni Yadi.

He said Yunusari, a befitting market, comprises 96 shops, 146 open stalls, and 46 stalls, where there are houses, meat shops, an administration block, a police station, a fire service station, and a banking hall, and it will boost cross-border regional trade.

The team of journalists also visited the Machina modern market, the Gashu’a-Masaba road, and the 30-kilometer Bulanguwa-Kummagana road, and the Director of Civil Engineering, Alhaji Garba Umar, said the 30-kilometer Bulanguwa-Kummagana road will be completed in the next 10 days, inshallah.

Alhaji Garba Umar revealed that a contractor has completed clearance of one hundred percent of the space and literate base, and now the execution of asphalt for about 20 kilometers is only remaining 10 kilometers.

Malam Madu Ibrahim Yunusari has commended Governor Mai Mala Buni for constructing them a befitting modern market; these, he said, will boost their businesses as well as cross-border regional trade markets with their neighboring countries.

Bego shares Buni’s achievements as journalists take a tour in Yobe

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Police neutralise two bandits, recover arms in Kaduna

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Police neutralise two bandits, recover arms in Kaduna

By: Zagazola Makama

The Police Command in Kaduna State has neutralised two suspected armed bandits and recovered arms and ammunition during a security operation in Giwalga area of Bayan Kogi District.

Sources said the operation followed credible intelligence that a bandit syndicate, allegedly led by one Kachalla Sanusi Bajira, had mobilised its members to attack Idissu Village after the community failed to meet an imposed levy.

According to the sources, operatives of the Anti-Kidnapping Unit, in collaboration with local vigilantes from Idissu Village, were deployed to the area to forestall the attack.

The police said that upon sighting the operatives, the bandits laid an ambush and engaged the security team in a gun duel.

However, the combined team reportedly overpowered the bandits with superior firepower, leading to the neutralisation of two suspects, while others fled into surrounding bushes.

Two AK-47 rifles and five rounds of live ammunition were recovered from the scene during the operation.

The police said the surrounding areas had been cordoned off, while concerted efforts were ongoing to track down and arrest the fleeing suspects.

Investigation into the incident has commenced, the command added, as it reaffirmed its commitment to sustaining the fight against banditry and other criminal activities across the state,”said the sources.
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Advocacy Group Demands Proof of NBMA Chief’s Eligibility

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Advocacy Group Demands Proof of NBMA Chief’s Eligibility

By: Michael Mike

A civil society organisation, Citizens Advocacy for Social and Economic Rights (CASER), has formally requested access to the academic and professional records of Bello Bwari, director-general of the National Biosafety Management Agency (NBMA), raising questions about his eligibility to occupy the position.

The request was submitted under the Freedom of Information (FOI) Act to the Federal Ministry of Environment.

CASER said the move was prompted by concerns that the current head of the biosafety agency may not meet the qualifications required by law.

According to the group, the NBMA Act provides that the director-general of the agency must possess at least a master’s degree in biological sciences or a related field, while noting that Bwari is widely known to be a legal practitioner, a background the organisation argues may be inconsistent with the statutory requirements for the role.

In the FOI application, CASER called on the Minister of Environment, Balarabe Lawal, to confirm the director-general’s credentials and make the information available to the public. The organisation stressed that transparency in appointments is essential for maintaining confidence in regulatory institutions.

CASER further warned that failure to clarify the issue could weaken public trust in agencies responsible for biosafety, environmental protection, and biotechnology oversight.

The group added that the matter goes beyond one appointment and reflects broader concerns about compliance with enabling laws in public offices.

Founder of CASER and a human rights lawyer,!Frank Tietie, criticised what he described as the lack of response from professionals in the scientific community. In a recent opinion article, he argued that leadership of a biosafety agency without strong scientific grounding could undermine effective regulation.

Tietie said adherence to the law must be non-negotiable, warning that overlooking statutory provisions risks eroding accountability and institutional integrity.
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