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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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Burkina Faso’s reckless violation of icao rules over emergency landing exposes AES hostility toward Nigeria

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Burkina Faso’s reckless violation of icao rules over emergency landing exposes AES hostility toward Nigeria

By: Zagazola Makama

The seizure of 10 Nigerian Air Force personnel by Burkina Faso’s military regime after an emergency landing has ignited anger across diplomatic and aviation circles, with experts condemning the move as vindictive, unprofessional, and a direct breach of globally recognised ICAO safety procedures.

The Nigerian C-130 Hercules aircraft, which made an emergency landing in Bobo-Dioulasso on Monday, had already obtained clearance before entering Burkina Faso’s airspace, contrary to AES claims. Aviation sources confirmed that the crew followed all required procedures after encountering an in-flight technical distress, including declaring an emergency and requesting the nearest available runway.

Under ICAO international law, which supersedes regional disagreements, an aircraft facing distress has the unrestricted right to land anywhere, including in hostile territory or active war zones. Emergency procedures clearly state that: Pilots must transmit “MAYDAY” or “PAN-PAN” depending on the severity, all air traffic units must grant priority, maintain radio silence, and provide safe landing guidance, no country is permitted to deny landing rights to a distressed aircraft, regardless of political tension or military status and any obstruction or punishment of an emergency landing is treated as a serious violation of international aviation law.

Yet, despite these established global norms, Burkina Faso’s junta responded with hostility, detaining impounding the aircraft while issuing inflammatory statements through the Confederation of Sahel States (AES).

Multiple diplomatic sources say Burkina Faso’s behaviour was not about airspace violation, but about frustration and anger over Nigeria’s role in foiling the recent coup attempt in Benin Republic. The junta in Ouagadougou has openly aligned itself with regimes in Niger and Mali and views Nigeria-led ECOWAS as an adversary.

Burkina Faso, Mali and Niger, having withdrawn from ECOWAS to form the AES, have taken increasingly confrontational postures. The failed coup in Benin Republic would have added a fourth member to their alliance. Nigeria, working with Beninese authorities, helped abort the mutiny, an outcome that allegedly angered Ouagadougou. It was believe this political grievance drove their irrational and provocative treatment of the Nigerian Air Force crew.

Ironically, while Burkina Faso claimed “sovereignty violation,” the Nigerian Air Force and the Nigerien Air Force, both on opposing sides of the ECOWAS–AES political divide continue to operate jointly on the border. Niger and Nigeria have been conducting joint operations against ISWAP in part of North East.
This exposes the immaturity and isolationist attitude of Burkina Faso’s junta, which has adopted a policy of hostility even toward partners with whom they still maintain diplomatic ties.

Despite withdrawing from ECOWAS, Burkina Faso continues to operate its embassy in Nigeria. This makes its hostile action even more illogical and diplomatically inappropriate. If they expect safe operations and immunity for their missions on Nigerian soil, they must uphold reciprocal commitments under international law.

Contrary to AES propaganda, the Nigerian aircraft: had prior clearance, followed ICAO emergency protocols, declared distress, and was compelled to land for safety reasons. Aviation experts noted that aircraft transponders may switch off during emergencies, which is normal and never justifies detention of crew members.

If every country were to behave as Burkina Faso did, global aviation would collapse into chaos. Officials warn that: Burkinabè aircraft could one day face emergencies and require landing in Nigerian airspace. If Nigeria were to apply the same hostile logic, lives could be lost unnecessarily. Aviation safety is built on mutual trust, not political revenge.

A senior aviation specialist described Burkina Faso’s action as: A reckless display of ignorance and political bitterness. Emergency landing protocols are universal. Detaining crew members for saving their aircraft is unacceptable and unlawful.”

Although the Nigerian government has not publicly commented, highly placed sources confirm that quiet diplomatic pressure is being applied at the highest level to ensure the immediate release of the personnel and aircraft.

Burkina Faso’s reckless violation of icao rules over emergency landing exposes AES hostility toward Nigeria

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AT PRESIDENT QUATTARA’S INAUGURATION:

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AT PRESIDENT QUATTARA’S INAUGURATION:

** VP Shettima Reaffirms Nigeria’s Commitment To Regional Stability, Peace

** As World Bank hails Nigeria’s reforms, pledges more partnership in energy, job creation, gender empowerment

By: Our Reporter

Vice President Kashim Shettima on Monday witnessed the inauguration and swearing-in ceremony of President Alassane Ouattara for another term in office as President of Côte d’Ivoire in Abidjan, where he reaffirmed Nigeria’s continued commitment to regional peace and stability.

This is just as the World Bank has applauded the reform policies of the administration of President Bola Ahmed Tinubu, pledging to heighten its partnership with the nation on energy, job creation and gender empowerment initiatives.

At the presidential inauguration that brought together West African leaders and international dignitaries in Abidjan, VP Shettima who represented President Bola Ahmed Tinubu also conveyed the warm congratulations of the Nigerian leader to President Ouattara on his swearing-in.

The inauguration took place at the Presidential Palace, where President Ouattara took the oath of office, pledging to prioritise national reconciliation and economic stability as he begins another term leading the West African nation.

Speaking on behalf of President Tinubu, the Vice President expressed confidence in President Ouattara’s continued leadership and wished him success in his new mandate.

Senator Shettima reaffirmed Nigeria’s commitment to deepening the strong partnership between both nations and working together to advance peace, stability, security, and prosperity across the West African region.

The Nigerian Vice President noted that both countries will further strengthen their economic ties through agriculture and trade relations.

In his inaugural address, President Ouattara thanked all visiting leaders who came to show solidarity and friendship with the I’voirans, promising to continue to work for the well-being of his citizens and engage more robustly in diplomatic relations for mutual benefits.

Other leaders who attended the event include the Presidents of South Africa, Liberia, Senegal, Gambia, Angola, Ghana amongst others, and former Nigerian President, Dr. Goodluck Jonathan.

The United States was represented by a Presidential Delegation led by Under Secretary of State for Economic Affairs, Jacob Helberg. High-level personalities and delegates from ECOWAS and other nations also graced the occasion.

Meanwhile, the World Bank has applauded the reform policies of the administration of President Bola Ahmed Tinubu, pledging to heighten its partnership with the nation on energy, job creation and gender empowerment initiatives.

The global financial institution stated this on Monday in Abidjan, Cote d’Ivoire, when Vice President Shettima received in audience the Managing Director, Operations, of the World Bank Group, Ms. Anna Bjerde, on the sidelines of the presidential inauguration.

He told Ms Bjerde that the administration of President Bola Ahmed Tinubu, from inception, had to contend with negative impact of the oil subsidy regime on the economic growth of the country, just as he outlined the positive results of the administration’s bold reforms.

The VP further told the World Bank Director that the ongoing tax reforms of the Tinubu administration has yielded positive result, saying “we have crossed the Rubicon.”

He pointed out that though the impact of the reforms may have been painful at the initial stage, it has started showing the dividends, even as he said in order to turn the demographic bulge into demographic dividends, the administration is focusing on gender empowerment initiative, investments in the digital economy and agriculture for enhanced productivity.

The Vice President commended the World Bank team for being supportive to Nigeria.

Earlier, the Managing Director, Operations, of the World Bank Group, Ms. Bjerde, commended Nigeria for taking pragmatic initiatives to position the country on the right path.

Noting that the World Bank is willing to partner more on energy, she said, “First, on energy, we’re stepping up on a number of possibilities to ensure that about four million people are connected.”

Ms. Bjerde also revealed that her group will encourage and enhance upliftment and education of the girl-child in Nigeria.

AT PRESIDENT QUATTARA’S INAUGURATION:

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Workshop for SAs reflects administration’s commitment to effective leadership—Governor Buni

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Workshop for SAs reflects administration’s commitment to effective leadership—Governor Buni

By: Yahaya Wakili

Yobe State Governor Hon. (Dr.) Mai Mala Buni CON has revealed that the training workshop for Special Advisers reflects the administration’s commitment to effective leadership and quality service delivery.

Governor Buni started this while launching a four-day training workshop for special advisers in Kano. Adding that the training workshop aimed at boosting efficiency and promoting good governance.

The governor, ably represented by his deputy, Hon. Idi Barde Gubana (Wazirin Fune), said that the event was crucial for deepening governance effectiveness and improving policy coherence.

According to him, the workshop will also enhance service delivery across the executive team, particularly for those serving as key policy and strategic aides, and he noted that the special advisers play a vital role in policy formulation and implementation.

“The training will address practical areas, especially conflict management, collaborative engagement, communication strategy, ethical leadership, and teamwork among advisers.” Gov. Buni said.

The Secretary to the Yobe State Government, Alhaji Baba Mallam Wali mni, ably represented by the Permanent Secretary, Administration and General Services, Alhaji Madu Gashu’a, revealed that the program aims to enhance collaboration between political and administrative officers.

The training workshop is expected to enhance the participants’ effectiveness and contribute to the overall success of the administration.

Workshop for SAs reflects administration’s commitment to effective leadership—Governor Buni

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