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
NEMA Provides Relief to Banditry Victims in Kebbi as Communities Struggle to Recover
NEMA Provides Relief to Banditry Victims in Kebbi as Communities Struggle to Recover
By: Michael Mike
The National Emergency Management Agency (NEMA) has commenced the distribution of emergency relief materials to victims of recent banditry attacks in Kebbi State, offering support to families displaced by a wave of violence that has unsettled parts of the state.
The Director-General of NEMA, Zubaida Umar, flagged off the exercise in Birnin Kebbi, targeting affected residents in Shanga, Yauri and Bunza Local Government Areas. She said the intervention followed a detailed assessment of the affected communities to identify their most pressing needs.

Over the past weeks, suspected bandits reportedly launched coordinated attacks on several villages across the three local government areas. Residents were forced to flee as homes were burnt, food stores destroyed and livelihoods disrupted. Local authorities confirmed casualties and displacement, with many families seeking refuge in neighbouring communities and temporary shelters.
The attacks form part of a broader security challenge confronting parts of northwestern Nigeria, where armed groups have carried out raids on rural settlements, targeting civilians and farmlands. In Kebbi, the violence has compounded existing socio-economic pressures, particularly for farming communities that depend on seasonal harvests for survival.

Speaking at the flag-off ceremony, Umar conveyed the Federal Government’s sympathy to the affected families and the Kebbi State Government. She noted that the relief materials—including food items, bedding and other essential supplies—were provided to cushion the immediate hardship faced by victims.
According to her, the response aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu, which prioritises prompt humanitarian assistance and citizen welfare. She reaffirmed the government’s commitment to supporting vulnerable populations impacted by insecurity and other disasters.
Representing the Emir of Gwandu, the Wazirin Gwandu, Alhaji Abubakar Umar, commended the Federal Government and NEMA for what he described as a timely and compassionate intervention. He urged beneficiaries to make judicious use of the items while praying for lasting peace in the affected communities.
Also speaking, the Wife of the Kebbi State Governor, Hajiya Zainab Nasare Nasir, said the support would help restore hope to displaced families and ease the burden on host communities.
The distribution exercise is part of ongoing efforts by NEMA to mitigate the humanitarian consequences of insecurity and strengthen support systems for crisis-affected populations across the country.
NEMA Provides Relief to Banditry Victims in Kebbi as Communities Struggle to Recover
News
Zulum Unveils Infrastructure Push as World Bank Reaffirms Development Support for Borno
Zulum Unveils Infrastructure Push as World Bank Reaffirms Development Support for Borno
By: Michael Mike
Borno State Governor, Prof. Babagana Zulum has reiterated his administration’s commitment to post-conflict reconstruction and sustainable development following the commissioning of multiple infrastructure and education projects across the state, amid growing international development partnerships.
The projects were formally inaugurated by the Nigeria Country Director of the World Bank, Dr. Mathew Verghis, who described the investments as critical milestones in strengthening human capital development and economic resilience in regions recovering from insurgency.

Verghis praised the Borno State Government for prioritising education and infrastructure as pillars of recovery, noting that long-term stability in conflict-affected regions depends largely on access to quality education, functional infrastructure, and inclusive economic opportunities.
The newly inaugurated facilities include three modern mega schools designed to expand access to quality learning for children in vulnerable communities, as well as major road infrastructure projects aimed at easing movement within Maiduguri metropolis.

The educational facilities include the Government Secondary School Mainusari, the Mega Primary School Maimusari, and the Command Secondary School Maiduguri, all equipped with modern classrooms, learning materials, and student support facilities.
The infrastructure component of the project covers the West End flyover bridge and three major dual carriageway roads spanning Sultan Mainalari, Bursari, and Shehu Sanda Kura corridors. State officials say the roads will improve traffic flow, boost commerce, and enhance security surveillance within the city.
Speaking at the commissioning ceremony, Zulum said his administration is deliberately investing in education as a strategic tool for social transformation. He explained that decades of insurgency had severely damaged school infrastructure and disrupted learning for millions of children.
He disclosed that more than 5,000 classrooms were destroyed during the conflict, displacing thousands of students. To address the challenge, the state government has embarked on massive reconstruction efforts, building new schools while rehabilitating damaged facilities across rural and urban communities.
The governor also highlighted several social intervention programmes aimed at supporting students’ retention in school. These include the distribution of millions of exercise books and textbooks, provision of school uniforms and learning bags, and the expansion of school feeding programmes targeting thousands of pupils annually.

Zulum further stated that vocational and technical education has been prioritised to address youth unemployment. According to him, the state has established multiple vocational training institutes and entrepreneurship schools for women and youth, designed to promote skills acquisition and small business development.
Community leaders, education stakeholders, and development partners attending the event described the projects as a confidence-building step for displaced communities gradually returning to normal life after years of instability.
Observers say the growing partnership between Borno State and international development organisations signals stronger support for recovery, governance reforms, and sustainable growth in the North-East region.
Zulum Unveils Infrastructure Push as World Bank Reaffirms Development Support for Borno
News
NESREA Seals Abuja Quarry After Death of 10-Year-Old
NESREA Seals Abuja Quarry After Death of 10-Year-Old
The National Environmental Standards and Regulations Enforcement Agency (NESREA) has shut down Dai Jin Jia Quarry located in ACO Village along Airport Road, Abuja, following the tragic death of a 10-year-old boy during a blasting operation.
The incident, which occurred on Friday, February 27, 2026, prompted immediate intervention by the agency after it received reports of the fatality linked to activities at the quarry site.
Addressing journalists, the Director of Environmental Quality Control, Mr. Elijah Udofia, who spoke on behalf of the Director-General, Prof. Innocent Barikor, described the development as deeply troubling. He revealed that the facility had previously been sealed by NESREA last year for regulatory breaches but allegedly continued operations in defiance of enforcement directives.
According to him, the agency’s preliminary investigation—conducted alongside officers from the ACO Division of the Nigeria Police—uncovered serious regulatory violations. He stated that the quarry failed to present a documented Blasting Operation Plan and could not provide records of its Charge Load Density (CLD), which details the quantity of explosives used during blasting. These lapses, he noted, constitute violations of Regulation 23 of the National Environmental (Quarrying and Blasting Operations) Regulations, 2013.
Udofia further disclosed that the facility’s warning alarm system, which is required to alert surrounding residents before blasting activities, was found to be faulty at the time of inspection. He emphasized that the absence of such a critical safety measure may have contributed to the tragic outcome.
“It is distressing that despite prior warnings and enforcement actions, the company continued operations in ways that endanger lives and contravene national environmental laws,” he said, adding that the quarry has now been sealed again pending the outcome of a full investigation.
NESREA assured the public that all responsible parties would be held accountable in accordance with the law. The agency also reiterated its commitment to safeguarding host communities and ensuring strict compliance with environmental standards across the country.
The enforcement body called on operators within the quarrying sector and other industries to strictly adhere to national environmental regulations, warning that negligence and non-compliance will attract decisive sanctions.
The agency stressed that protecting lives, communities, and the
NESREA Seals Abuja Quarry After Death of 10-Year-Old
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