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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
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Global Leaders Inspire Youth Action on Digital Education at LASSMUN 2026
Global Leaders Inspire Youth Action on Digital Education at LASSMUN 2026
By: Michael Mike
A powerful coalition of global and national leaders has challenged Nigerian students to take ownership of the future, as the Lagos Secondary Schools Model United Nations (LASSMUN) 2026 opened with a resounding focus on digital transformation, equity, and sustainable development.
At the heart of the gathering was a clear message: young people are not just participants in tomorrow’s world—they are already shaping it.

Delivering a keynote message, António Guterres underscored the United Nations’ unwavering belief in the capacity of youth to drive meaningful change. He told delegates that Model UN platforms are more than academic exercises—they are training grounds for leadership, diplomacy, and problem-solving in an increasingly complex world.
He emphasized that building a better future demands stamina, courage, and a deep commitment to fairness, urging students to always center the needs of the most vulnerable in their decision-making.
The Lagos State Commissioner for Basic and Secondary Education, Jamiu Tolani Alli-Balogun, reinforced the importance of education as a cornerstone of national progress, describing LASSMUN as a strategic investment in the next generation of leaders.
He highlighted ongoing efforts by the state government to strengthen education systems through innovation, infrastructure, and policies that promote critical thinking and character development. According to him, the discipline and engagement demanded by Model UN simulations mirror real-life governance and should inspire students to lead with integrity and purpose.

Providing a broader intellectual perspective, Efosa Osaghae, represented by Prof. Joshua Bolarinwa, said digital transformation holds immense promise for addressing global inequalities in education. However, he warned that without deliberate policies to ensure inclusiveness, technology could deepen existing divides.
He called for sustained investments in digital infrastructure, improved access, and stronger policy frameworks to ensure that no learner is left behind in the rapidly evolving knowledge economy.
The Director of the United Nations Information Centre Abuja, Ronald Kayanja, took the message further, reminding participants that youth are already central to global efforts on peace, climate action, and sustainable development.
He urged delegates to embrace dialogue, tolerance, and cooperation—core values of the United Nations—while also developing the critical ability to distinguish facts from misinformation in an increasingly polarized information landscape.
Earlier, LASSMUN President Damilola Ogunsanwo set the tone for the conference, describing it as a transformative experience that instills discipline, collaboration, and respect for global processes.
Also speaking, Tutor-General/Permanent Secretary of Education District III, Mrs. Mojisola Christiana Yusuf, emphasized that Model UN bridges classroom learning with real-world application, equipping students with essential skills such as negotiation, public speaking, and teamwork.
Adding a development perspective, Ms. Genevieve Chukwuezi, representing the United Nations Development Programme Lagos Office, highlighted how technology proved indispensable during the COVID-19 pandemic, ensuring continuity in learning despite widespread school closures.
She stressed that digital transformation must go beyond access to technology, focusing instead on innovation, scalability, and the ability to translate ideas into practical solutions that drive economic and social progress.
In a striking intervention, the conference Secretary-General, Praise Oyekunbi, cautioned against superficial adoption of technology, warning that digital tools without equitable access risk entrenching injustice rather than solving it.
“Technology without equity is not progress—it is exclusion,” she declared, drawing attention to the urgent need for inclusive digital policies.
With debates and committee sessions underway, LASSMUN 2026 is shaping up as more than a conference—it is a platform cultivating a new generation of informed, responsible, and globally conscious leaders ready to confront the defining challenges of the 21st century.
Global Leaders Inspire Youth Action on Digital Education at LASSMUN 2026
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Stakeholders Call for Stronger Enforcement, Early Intervention to Curb School Bullying in Nigeria
Stakeholders Call for Stronger Enforcement, Early Intervention to Curb School Bullying in Nigeria
By: Michael Mike
Stakeholders from government agencies, civil society, security institutions, and the education sector have called for urgent early intervention, stronger enforcement of anti-bullying policies, and expanded youth empowerment programmes to address rising cases of bullying in Nigerian schools.
They made the call at a Stakeholder Consultative Dialogue on Anti-Bullying in Nigerian Schools convened by International Alert Nigeria on Friday in Abuja, where experts warned that bullying is increasingly becoming a major driver of mental health challenges and broader social risks among young people.
NDLEA links bullying to drug abuse risks
Chairman of the National Drug Law Enforcement Agency (NDLEA), Brig.-Gen. Mohammed Marwa, warned that persistent bullying could expose young people to substance abuse and other harmful coping behaviours.
Represented by Henrietta HoldGod of the agency’s Counselling and Psychosocial Support Unit, he said victims of bullying often suffer anxiety, depression, low self-esteem, and social withdrawal.
He stressed that in some cases, affected students may resort to drugs as a coping mechanism, noting that prevention of bullying directly aligns with NDLEA’s broader preventive mandate.
“Protecting children from bullying also means protecting them from pathways that may lead to drug abuse and other harmful behaviours,” he said, adding that safer schools are essential for building resilient communities.
NAPTIP urges zero tolerance and collective responsibility
The Director-General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Binta Bello, described bullying as a violation of human rights that requires collective action across homes, schools, and communities.
Represented by NAPTIP Director Rebecca Enwusoyere, she called for strict zero-tolerance policies in schools, stronger parental engagement, and sustained community advocacy.
She also urged stakeholders to equip young people with skills to identify, resist, and report bullying, stressing that awareness campaigns, peer education, and safe reporting channels are critical to preventing silent suffering among victims.
Experts warn of rising mental health burden
A Senior Research Fellow in International Education and Development at the Open University, Dr. Margaret Ebubedike, said bullying had worsened in the post-COVID-19 period, with significant consequences for students’ mental health and learning outcomes.
She noted that bullying extends beyond individuals to affect families and the education system, disrupting academic engagement and undermining safe learning environments.
Citing regional data, she said between 27 and 50 percent of children in Sub-Saharan Africa experience bullying, warning that Nigeria’s situation appears more severe, with more than half of secondary school students reportedly affected.
“Tackling bullying requires a collective response involving parents, educators, policymakers, and communities,” she said.
Security agency warns of wider societal risks
The Commandant-General of the Nigerian Security and Civil Defence Corps (NSCDC), Dr. Ahmed Audi, cautioned that unresolved bullying cases could escalate into broader security threats if not addressed early.
Represented by CSC Adeoye Adegoke, he emphasised the need for early reporting systems and coordinated institutional responses to prevent escalation.
Federal Government reiterates policy commitment
The Federal Government reaffirmed its commitment to tackling bullying through the National Policy on Anti-Bullying in Schools.
Representing the Federal Ministry of Youth Development, Mrs. Augustine Udo said the policy provides a framework for accountability, protection, and enforcement, urging stakeholders to move from policy discussions to practical implementation.
She called for stronger reporting mechanisms and increased empathy among students, teachers, and parents.
The Federal Ministry of Education Nigeria also confirmed that implementation guidelines and a dedicated committee have been established to ensure nationwide rollout of anti-bullying measures across schools.
Experts push for system-wide action
Behavioural Change Communication expert, Ms. Ayotola Ilori, said data shows bullying is widespread, with about 32 percent of Nigerians aged 12 to 17 affected, while as many as 85 percent are either victims, perpetrators, or both.
She welcomed the 2025 National Anti-Bullying Policy but warned that policy design alone is insufficient without full system-level implementation across schools nationwide.
Ilori also called for coordinated action across all 774 local government areas, urging students to speak up and avoid silence when facing bullying.
International Alert calls for practical interventions
Country Director of International Alert Nigeria, Dr. Kingsley Udo, said the initiative was prompted by growing concerns over recent bullying incidents, including a widely reported case in Edo State.
Represented by Programme Manager Sunday Jimoh, he said the dialogue aimed to move beyond awareness creation to actionable policy solutions.
He noted that bullying is not limited to schools but also exists in workplaces, sports, and leadership spaces, describing it as a broader societal challenge.
Udo said the organisation is working with schools to establish Youth Peace Clubs, where students are trained in conflict resolution and the psychological impact of bullying.
He added that safe reporting systems are also being developed to ensure victims can report incidents before they escalate.
At the end of the dialogue, organisers said a communiqué and policy roadmap would be developed to guide future advocacy and strengthen government engagement on anti-bullying interventions nationwide.
Stakeholders Call for Stronger Enforcement, Early Intervention to Curb School Bullying in Nigeria
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Nigerian envoy visits troops in Benin, urges professionalism
Nigerian envoy visits troops in Benin, urges professionalism
By: Zagazola Makama
The Chargé d’Affaires at the Nigerian Embassy in Cotonou, Benin Republic, Amb. Bukar Kalambe, has visited Nigerian troops deployed under Operation AWATSE African Alliance II (OPAA II), urging them to uphold professionalism and represent the country with dignity.
Thrme visit took place on April 15, 2026, at Togbin Camp, where the envoy was accompanied by the Defence Adviser, Col. S.A. Yahaya, embassy staff, and the President of the Nigerians in Diaspora Organisation (NIDO), Benin Republic branch, Alhaji Muhammad Muniru.
According to the sources, the visit was aimed at boosting the morale of the troops and reinforcing diplomatic support for the ongoing mission.During the interaction, Kalambe charged the troops to remain disciplined and committed to their mandate, while serving as good ambassadors of Nigeria.
He also assured them of continued support from the Nigerian mission in Benin Republic to ensure the success of the operation.
The Commanding Officer of OPAA II, Lt.-Col. A.A. Ikoro, later conducted the envoy on a guided tour of the camp, showcasing facilities, vehicles, and operational equipment provided by the Nigerian Army for the mission.End
Nigerian envoy visits troops in Benin, urges professionalism
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