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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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IPOB attacks police patrol teams in Anambra, snatches rifles, and abandons stolen SUV after shootout

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IPOB attacks police patrol teams in Anambra, snatches rifles, and abandons stolen SUV after shootout

By: Zagazola Makama

Suspected members of the proscribed IPOB/ESN militia on Wednesday launched a coordinated armed attack on joint police patrol teams along the Abatete–Eziowelle road in Anambra State, injuring an officer and carting away two service rifles.

Zagazola gathered that the gunmen, armed with general-purpose machine guns and AK-47 rifles, operated with a white Toyota Hummer bus, a black Lexus 350 SUV, and a white Toyota Highlander, all with registration numbers yet to be identified.

The attackers, dressed in full military and police uniforms, opened heavy fire on personnel from the Department of Operations (DOPS), State Headquarters, Awka, and the Special Anti-Cultism Squad. The patrol teams engaged the militants in a fierce gun duel, forcing them to retreat.

During the exchange of fire, rounds fired by the assailants struck the patrol bus of the Special Anti-Cultism Squad, setting it ablaze, while the DOPS patrol pickup van was sprayed with bullets and damaged.

Sources said that during the operation, Insp. Uduak Anthony of MOPOL 29 Awka, attached to the DOPS patrol team, lost his Type 06 rifle (Breech No. 10967) loaded with 35 rounds of ammunition after it slipped from his grip as he dashed for cover. The weapon was carted away by the militants.

As the gunmen fled, they reportedly snatched a Mercedes Benz SUV from a motorist, Eze Tochukwu, from Enugu State, and headed towards Umuoji in Idemili North LGA.

At Umuoji, the attackers sighted two police inspectors attached to former Anambra Governor and ex-Minister of Labour, Senator Chris Ngige. The officers, Insp. Eniobong Roberts of 29 PMF Awka and Insp. Udezike Kingsley of DOPS, were travelling in a vehicle when the militants double-crossed them and opened fire.

Insp. Udezike was shot in the left leg as he attempted to take cover, and his AK-47 rifle was stolen. Insp. Roberts engaged the attackers, forcing them to abandon the snatched Mercedes Benz SUV, which was later recovered by police.

The injured officer is currently receiving treatment at Crown Hospital, Nkpor, and is responding well.

A senior police officer revealed that the Command’s tactical units have been fully activated and are “currently combing suspected hideouts, camps, and escape routes of the terrorists” to arrest the attackers and recover the stolen firearms.

IPOB attacks police patrol teams in Anambra, snatches rifles, and abandons stolen SUV after shootout

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HONORARY CONSULATE REPUBLIC OF CÔTE D’IVOIRE – MALTA

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HONORARY CONSULATE REPUBLIC OF CÔTE D’IVOIRE – MALTA

By: Michael Mike

Honorary Consulate of Côte d’Ivoire in Malta Signs Memorandum of Understanding with Paradigm Communications Ltd. | Paradigm News, an International Media Partner of ECOWAS Commission, Foreign Affairs Ministry in Nigeria, Germany Embassy in Nigeria and CDD/ WADEMOS West Africa.

The Honorary Consulate of the Republic of Côte d’Ivoire in Malta and Paradigm News, a publication of Paradigm Communications Ltd., have formally signed a Memorandum of Understanding (MoU) establishing a strategic media partnership aimed at enhancing visibility, communication, and public engagement surrounding the Consulate’s diplomatic activities in Malta and internationally.

Under this agreement, Paradigm News is officially accredited as the African Media House for the Honorary Consulate of Côte d’Ivoire in Malta. The partnership reinforces a shared commitment to strengthening diplomatic communication, promoting Côte d’Ivoire’s interests, and supporting accurate, responsible journalism across regional and global platforms.

Speaking at the signing, H.E. Mrqs. Anthony C. Coleiro, Honorary Consul of the Republic of Côte d’Ivoire in Malta, emphasized the significance of the collaboration:

“This partnership marks an important milestone in reinforcing Côte d’Ivoire’s presence and engagement in Malta. Through Paradigm News’ professional coverage, we aim to ensure that our diplomatic initiatives, bilateral engagements, and cultural activities receive the visibility and clarity they deserve.”

Representing Paradigm Communications Ltd., H.E. Ambassador Raymond Enoch noted:

“We are honoured to serve as the official African Media House for the Consulate. Paradigm News is committed to providing accurate, ethical, and comprehensive coverage that reflects the diplomatic aspirations and international outreach of Côte d’Ivoire.”

Scope of the Partnership

Through the MoU, Paradigm News will:

Provide professional coverage of the Consulate’s diplomatic activities, official events, and public engagements. Report on governmental delegations from Côte d’Ivoire visiting Malta and cover international conferences, summits, and events involving the Consulate. Notwithstanding publishing of information related to bilateral cooperation, cultural programmes, business initiatives and disseminate content through its regional and global media channels.

The Consulate, in turn, will:

Grant Paradigm News official accreditation as its African Media House, providing timely press releases, updates, and access to relevant events, subject to protocol. The Consulate will recognize / Paradigm Communications Ltd. as its media partner in appropriate communications and events.

Both parties commit to maintaining professionalism, transparency, and respect for diplomatic sensitivities, ensuring that all published material reflects accuracy and integrity.

About the Honorary Consulate of Côte d’Ivoire in Malta:

The Honorary Consulate works to strengthen bilateral relations between the Republic of Côte d’Ivoire and Malta, promoting diplomatic cooperation, business engagement, cultural exchange, and support for Ivorian nationals.

About Paradigm News / Paradigm Communications Ltd.

Paradigm News is a respected media organization committed to delivering global news and insights. Through its international correspondents and editorial network, Paradigm News covers stories of local, regional, and global relevance with accuracy, neutrality, and journalistic professionalism. Paradigm News International is a Media Partner of ECOWAS Commission, Foreign Affairs Ministry in Nigeria, Germany Embassy in Nigeria and CDD/ WADEMOS West Africa.

HONORARY CONSULATE REPUBLIC OF CÔTE D’IVOIRE – MALTA

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EU–IDEA, Stakeholders Call for Urgent Review of Social Development Act, Seek National Alignment

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EU–IDEA, Stakeholders Call for Urgent Review of Social Development Act, Seek National Alignment

By: Michael Mike

The European Union- International Institute for Democracy and Electoral Assistance (EU-IIDEA), as well as relevant stakeholders has called for an urgent review of Nigeria’s Social Development Act (SDA), insisting that it may be impossible to achieve inclusive growth or protect vulnerable groups in the country under the current fragmented framework.

The call was made on Wednesday in Abuja at the National SDA summit, organized by the International Institute for Democracy and Electoral Assistance (IIDEA), a programme funded by the European Union under its CSOs-Bridge Strengthening Project, in Abuja.

The SD Act was first conceptualised in the 1970s and enacted in 2004 as the central framework for coordinated and inclusive social development in the country.

The Enugu State Commissioner for Children, Gender and Social Development, Valentina Enih, while delivering the keynote address, decried that the existing Act, originally enacted as Decree 12 in 1974 and later reissued in 2004, does not any longer reflects the country’s realities.

She described the Act aa older than many of people in the hall, insisting that outdated provisions and emerging social challenges demand urgent reform.

She also stressed that unity among civil society organisations (CSOs) remained essential for progress, adding that personal interests often overshadowed collective objectives.

She noted that: “One stick is easily broken, but a bundle of broomsticks is not. We must speak with one voice,” while appealing to lawmakers to increase funding for ministries responsible for women affairs, poverty eradication and social protection, added that: “Many times, we use our personal resources just to ensure the work is done.”

On his part, the Chairman of the House Committee on Civil Society Organisations and Development Partners, Hon. Victor Obuzor acknowledged the legislative gaps that have hindered effective coordination of social development nationwide.

He said the National Assembly had made the Act’s review a priority, noting that: “Fragmentation, institutional reassignments and multiple regulatory frameworks have weakened the effectiveness of the Social Development Act.

“Our Committee is reviewing historical gaps, engaging stakeholders and supporting the development of a modernised civil society regulatory bill.”

He said the revised law would create clearer lines of authority, harmonise federal and state mandates and institutionalise civil society participation.

The Deputy Director at the Ministry of Humanitarian Affairs and Poverty Reduction, Peter Audu, said the forum aligns with federal reforms targeting gender equality, social protection and national cohesion.

He noted that the government was committed to building stronger collaboration across ministries, development partners and state institutions.

“This forum provides an important opportunity to consider proposed amendments and develop a national coalition for sustainable financing and measurable results,” he said.

The CEO of the Accountability and Transparency Initiative, Dr. Fumi Akinyele, called for the revised law to embed gender responsiveness from the design stage.

She noted that many rural women were excluded from social protection programmes due to requirements such as smartphones, bank verification numbers and digital literacy.

“Inclusion must go beyond words. We need clear definitions, gender-responsive budgeting and disaggregated data. Committees must be balanced so that different voices are heard,” she said.

The Chairman of the Anambra Civil Society Network, Prince Chris Azor, shared experiences illustrating the challenges faced by sub-national CSOs, including inconsistent regulations that once led to the closure of community organisations’ bank accounts.

“We were stranded. Even registration processes were unclear. When grassroots operators cannot function, you are shrinking the civic space,” he said.

He urged that the amended Act provide states with a clear legal framework for social protection and civil society participation. “We want a standing law that expands the civic space and ensures citizens are part of governance.”

EU–IDEA, Stakeholders Call for Urgent Review of Social Development Act, Seek National Alignment

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