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
Army troops rescue 11 kidnapped victims in Kaduna
Army troops rescue 11 kidnapped victims in Kaduna
By: Zagazola Makama
Troops of 1 Division of the Nigerian Army have rescued 11 kidnapped victims in Kachia Local Government Area of Kaduna State following a coordinated operation along the Kaduna–Abuja road axis.
Security sources told Zagazola Makama that the rescue was carried out late on Jan. 26 after troops deployed at a Forward Operating Base (FOB) in Doka, after sighted armed terrorists moving with captives along a bush track between Gidan Duna and Amale in Kachia LGA.
According to the sources, the troops immediately mobilised and pursued the suspects.
“On sighting the approaching security vehicles and motorcycles, the terrorists abandoned the victims and fled into the surrounding bush.
The troops secured the victims and fired probing shots in the general area, but no further contact was made,” the sources said.
The sources added that a total of 11 victims were rescued, comprising five adult males, three females and three children.
The rescued persons reportedly told the troops that they were kidnapped from Gada Mallam Maman community in Kachia LGA on Oct. 26, 2025.
The victims were subsequently conveyed back to their community and reunited with their families.
Security operations and patrols have been intensified in the area to prevent further attacks and track down the fleeing suspects, the sources said.
Army troops rescue 11 kidnapped victims in Kaduna
News
The Borno State Government to Repatriate over 3,000 Refugees from Cameroon after 11 Years
The Borno State Government to Repatriate over 3,000 Refugees from Cameroon after 11 Years
By: Our Reporter
Borno State Government has finalised arrangements for the voluntary repatriation of more than 3,000 Nigerian refugees from Cameroon republic to their ancestral homes after 11 years.
This is in fulfillment of Borno State Governor, Professor Babagana Umara Zulum’s commitment to repatriate and resettle all Nigerian refugees from Borno who are sheltering in neighboring Chad, Cameroon and Niger republics.
The operation is being conducted with the support of the National Commission for Refugees, Migrants and Internally Displaced Persons.

Chairman Borno State Sub-Committee on Repatriation and member of the Presidential Committee on Repatriation, Engineer Lawan Abba Wakilbe, on Monday met with a Government delegation from Cameroon’s Far North Region and officials of the United Nations High Commissioner for Refugees (UNHCR) at the Minawao Refugee Camp in Maroua.
The purpose of the meeting was to finalise logistical and other arrangements to ensure the refugees’ safe and dignified return.

During a visit to the camp in December 2025, Governor Zulum assured refugees willing to return that they would do so in a safe and dignified manner, marking a new chapter for families displaced by insurgency over 11 years ago.
The refugees, predominantly from communities in central and southern Borno, fled to Cameroon more than 11 years ago during the peak of the insurgency, which devastated villages, displaced families, and disrupted socio-economic life across the North-East.
During their stay, Cameroonian authorities and humanitarian partners provided shelter, healthcare, education, and other essential services. Many refugees were also allocated farmland to support agricultural activities, reducing aid dependency and allowing them to sustain their families with dignity.

With improved security in several parts of Borno and ongoing state-led reconstruction efforts, many refugees have expressed their readiness to return home voluntarily.
The Borno State Government has already provided buses and other logistical support for the movement of the refugees while the National Commission for Refugees will oversee and coordinate the repatriation mission in collaboration with Cameroonian authorities and humanitarian agencies.
“This is the fourth phase, which began in 2020. The process is going on smoothly in accordance with the tripartite and technical working group agreements,” Engr. Wakilbe stated.
“His Excellency, Governor Zulum, was here on 8 December 2025 and made commitments. As soon as they return home, all commitments will be fulfilled,” he assured.

In a related development, Engineer Wakilbe led a high-level delegation to the office of the Governor of Cameroon’s Far North Region, Midjiyawa Bakari.
During their meeting, Governor Bakari commended the Borno State Government for sustaining the longstanding and cordial bilateral relationship, noting that cooperation between the two countries has been instrumental in ensuring the protection, welfare, and orderly return of displaced persons across the border.
End
News
Three soldiers killed in IED attack near Niamey, says Niger army sources
Three soldiers killed in IED attack near Niamey, says Niger army sources
By: Zagazola Makama
At least three Nigerien soldiers were killed and 10 others injured on Sunday after an army patrol vehicle hit an improvised explosive device (IED) in Bartchawal, Tillabéri Region, about 20 kilometres from the capital, Niamey.
Sources said that the incident occurred late in the day along the Niamey–Filingué road axis when the patrol was returning from routine operations in the area.
According to the sources, the IED detonated as the military convoy passed, killing three soldiers on the spot and injuring 10 others, who were evacuated to medical facilities in Niamey for treatment.
The attack was later claimed by the Jama’at Nasr al-Islam wal Muslimin (JNIM), a jihadist group affiliated with Al-Qaeda, in a statement released on Monday.
“This is the first attack claimed by JNIM in this area so close to the capital,” the sources noted.
They added that the Nigerien Armed Forces had reinforced security along the Niamey–Filingué corridor, with additional patrols and surveillance measures deployed to prevent further attacks and reassure residents.
Tillabéri Region, in western Niger, has in recent years faced persistent security challenges linked to insurgent activities spilling over from the tri-border area of Niger, Mali and Burkina Faso.
Three soldiers killed in IED attack near Niamey, says Niger army sources
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