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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
News
Zulum hits the ground running on Insecurity, vows to complete Ongoing Projects before leaving office
Zulum hits the ground running on Insecurity, vows to complete Ongoing Projects before leaving office
By: Bodunrin Kayode
Borno State Governor, Professor Babagana Zulum, has reaffirmed his administration’s commitment to tackling the remaining security challenges in the state.
The Governor made this pledge yesterday during the first regular State Executive Council meeting of the year, 2026, held at the Council Chamber of the Government House in Maiduguri.
Addressing members of the cabinet and top government officials before the start of the meeting, Governor Zulum emphasised that 2026 would be a year of consolidation.
He noted that while relative peace has been restored in many parts of the state, the government will not relent in providing the needed security in all parts of Borno.
Beyond the security interventions, Zulum also explained that Government will focus on the resettlement of internally displaced persons by investing in medium- and long-term durable solutions to challenges on the ground.
He noted that his government will also ensure the timely completion of all ongoing developmental projects across the three senatorial zones of the state to cushion the dividends of democracy desirable for the people.
He added that his administration will strengthen the social protection net of residents stating that “social protection remains central to our agenda as we rebuild Borno for a better future.
” While we shall not relent in providing social amenities to the great people of the state, the need to provide social protection to our people cannot be overemphasised.” said Zulum.
The meeting was attended by Commissioners, the Secretary to Borno State Government, Bukar Tijani, Acting Chief of State, Dr Babagana Mallumbe, and other members of the executive council.
Borno state governments have spent over 16 years of their developmental years battling insurgency which has tremendously slowed down the entire machinery of social engineering which should have taken the state to a very high level of stability if there was no security Challenges on ground.
Zulum hits the ground running on Insecurity, vows to complete Ongoing Projects before leaving office
News
Rev. Dachomo accuses of Trump bias, vows to go to War
Rev. Dachomo accuses of Trump bias, vows to go to War
By: Zagazola Makama
The outspoken Christian cleric in Plateau State, Rev. Ezekiel Dachomo has called for ‘WAR’ in the state and also blamed President Donald Trump for bias in deploying United States security asserts in the campaign against the genocide of Christians in Nigeria.
In a footage circulating on social media, the cleric who is the Regional Chairman of the Church of Christ in Nations (COCIN) in Barkin Ladi Local Government Area, made the call while addressing mourners at the burial of seven persons killed in a reprisal attack at Dorowa Babuje village in the local government.
“Rev. Dachoma was also heard declaring that residents would no longer “run away,” adding that if there was to be a “full-blown war,” they were prepared to defend themselves.
“We are not going to run away, if there will be full blown WAR it will start from today to the day that the God has placed for us. Let them continue to gather, we have chosen to die than to remain burying our brothers.
“My fellow brothers and sisters i am rounding this message so that we can go back and stay and go for war, since the Fulani said we will not rest in plateau, they are not afraid of the security from today we will not be afraid of the security.
The cleric further blamed the National Security Adviser, Mallam Nuhu Ribadu, and the Sultan of Sokoto of alleged bias in security arrangements affecting Plateau State and other Christian-dominated communities in Nigeria, saying, “
In a video circulating online, the cleric questioned the deployment of U.S military in muslims dominated northern regions and alleged neglect of Christian communities.
“We have chosen to die rather than continue burying our brothers,” he said, while calling on community members to remain resolute.
“When I invited Trump to Nigeria to come and help us, when Trump responded, their blueprint was that none of the soldiers of the United States should come to Plateau State,” he said.
“They directed their attention to Sokoto, where the Muslim-dominant area the Muslims are enjoying the coming of Trump.”
He continued: “If I were allowed to say Trump is in Nigeria to protect the Muslims… another batch is in Maiduguri, another batch were deployed in Kaduna and Bauchi. In Kwara, no batch is there. Rev. Dachomo further alleged that Christian communities were being neglected, stating: “The Yorubas were allowed to be killed like chicken. Benue, no army is there.”
He also made allegations against the National Security Adviser, Mallam Nuhu Ribadu, accusing him sabotaging deployment of US forces.
“Why is it that he did not allow the American soldiers to come to Plateau State? They cornered them to please his people.”
The cleric alleged that insurgents who fled military operations elsewhere had relocated to Plateau communities. The insurgents that escaped from Sambisa and from Sokoto are right here in Manda, in Fars, in Okolindiri, Lingerie,” he claimed.

“It is from Lingerie that they came and killed those people, because the real training ground of terrorists is Lingerie.”
Rev. Dachomo also referenced the Sultan in his remarks, alleging what he described as a broader agenda against Christians. “That is Sultan road map to wipe out Plateau Christians and other Christians in Nigeria,” he said.
Despite his strong accusations, the cleric acknowledged the efforts of local security operatives in preventing greater casualties during the recent attack.
“This could have been more than 100 corpses, but God used the security to give us enough protection when they saw the security move quickly,” he said.
Also, Barrister Solomon, President of the Berom Youths, was also heard in a related video expressing the same threat against the existence of Fulani in plateau state. “We can no longer guarantee peace and security on the Plateau if Fulani continue grazing on our land.”he said.
Solomon declared that the Fulani should awaits their response. “Fulani you have taken credit, Fulani You have taken credits,”he said.
Meanwhile, in a subsequent clip, however, he appeared to temper his earlier tone, saying: “Even some security have tagged me for the comments we made yesterday. My life is not more precious than this city. “I will not incite any violence in Plateau, but we deserve to be protected. We deserve it.”he said.
“I’m using this opportunity to call on our people let’s remain calm. Let’s continue as law-abiding citizens. We are not praying for similar things to happen. We are not at war with anybody.”
“The hausa of the Yoruba, the Igbos, and any other person that comes to Plateau should have it at the back of his mind that he will settle peacefully.”
“A Plateau man has never been known for any act of terrorism. But the Fulani have declared war on us, and it is so unfortunate that some people are falling victims of circumstance.”
He also appealed to federal authorities, stating:
“We are calling on Mr. President and the security governor. Please sir, since having security in our domain cannot guarantee our safety, why will it not be relocated to where the bandits are settled? So we will then know when they will come to attack us.”
Zagazola Makama report that Plateau State has witnessed recurring communal and banditry-related violence over the years, with security agencies continuing operations to curb attacks in vulnerable communities.
Rev. Dachomo accuses of Trump bias, vows to go to War
News
Forensic Team Exhumes 105 Bodies in Probe of 2025 Yelwata Killings
Forensic Team Exhumes 105 Bodies in Probe of 2025 Yelwata Killings
By: Zagazola Makama
A team of federal medical pathologists has exhumed 105 bodies from mass graves in Yelwata community, Guma Local Government Area of Benue, as part of ongoing investigations into the June 13, 2025 attack on the area.
Security sources told Zagazola Makama that the team, led by Prof. Saad Ahmed from the Office of the Attorney-General of the Federation (AGF), Abuja, arrived in Yelwata on Feb. 23, 2026, alongside operatives of the Intelligence Response Team (IRT), Abuja.
The sources said the delegation included members of the Presidential Medical Delegation and worked in collaboration with officials of the Benue State Emergency Management Agency (SEMA).
According to the sources, locations of the graves were identified on the same day under adequate security provided by the Benue State Police Command.
The exhumation exercise commenced on Feb. 24, during which seven bodies were recovered.
The team continued the exercise on Feb. 25 and Feb. 26, exhuming additional remains, bringing the total number of corpses recovered to 105 from 13 mass graves located in and around Yelwata community.
The exercise was concluded on Feb. 26.
Police sources said the exhumation was conducted to facilitate forensic inquests and strengthen evidence in the ongoing prosecution of suspects linked to the killings.
“Seven corpses were initially exhumed by the IRT-led federal investigators for inquest. The exercise continued and further development will be communicated,” a security source said.
The deployment of forensic experts followed proceedings at the Federal High Court in Abuja, where nine suspects were arraigned on Feb. 2, 2026, before Justice Joyce Abdulmalik in connection with the Yelwata attack.
The court had emphasised the importance of forensic evidence to ensure a fair trial and proper determination of culpability.
Security officials said adequate measures were put in place to ensure the exercise was conducted peacefully and without disruption.
The June 13, 2025 attack on Yelwata community reportedly resulted in the deaths of several residents and displaced many others, prompting widespread condemnation and calls for justice.
The Office of the Attorney-General of the Federation had earlier commenced prosecution of suspects arrested in connection with the incident.
Authorities said further updates would be communicated as investigations progress.
Forensic Team Exhumes 105 Bodies in Probe of 2025 Yelwata Killings
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