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
Group demands zoning of Gombe Central Senatorial seat to Yamaltu/Deba
Group demands zoning of Gombe Central Senatorial seat to Yamaltu/Deba
A sociocultural group under the auspices of Nyimatli Development Association (NDA) has demanded that the 2027 senatorial seat of Gombe Central be zoned to Yamaltu Deba Local Government Area of the State.
Speaking at a news conference on Monday in Gombe, Mr Emmanuel Usman, the secretary of the group in the company of other executive members said the demand was from the entire people of Yamaltu Deba LGA.
Usman said the demand was a necessary step for equity, unity, justice and inclusiveness.
He stated that since Gombe Central has two Local Government Areas of Akko and Yamaltu Deba and Akko has held the seat for 16 years, zoning it to Yamaltu Deba would ensure parity and correct the zoning imbalance.
“Akko has held the seat for too long and it is our turn to ensure equitable representation; this is the message from the Tera people and the people of Yamaltu Deba.
“The people of Yamaltu Deba LGA are concerned about the issue of representation at the National Assembly particularly at the Senate.
“Yamaltu Deba is in Gombe Central Senatorial District and the district is owned by Akko and Yamaltu Deba and by extension this seat should go round between the two LGAs in the zone.
“When we returned into the present democratic era, the first senator was from Akko who served for four years and then it returned to Yamaltu Deba, for another four years.
“Until it came to the time when Senator Danjuma Goje, from Akko became senator and he has served four consecutive terms that is for 16 years, without it being returned to Yamaltu Deba.
“We feel as a people if we own this seat collectively, equity and justice should have been the right thing and if Akko has enjoyed 16 years, it should now be returned to Yamaltu Deba,” he said.
Usman said that the people of Yamaltu Deba were already feeling maginalised not because the current senator Goje lacked competence or representation, but because they have been denied the right to represent the district.
He said the LGA has a lot of competent politicians and technocrats who could effectively represent the Senatorial District and fast track development.
Usman pleaded with Goje not to contest the 2027 senatorial seat but allow Yamaltu Deba in the spirit of “our unwritten consensus” for turn taking in representation.
“We have supported Goje, voted for him and given him the platform to lead, it is now time for him to return the favour and step aside for others from Yamaltu Deba to occupy the senate seat.”
He also appealed to Gov Inuwa Yahaya of Gombe State as the party leader of the All Progressives Congress (APC) in the state to listen to their plea towards ensuring fairness, inclusion and justice.
Group demands zoning of Gombe Central Senatorial seat to Yamaltu/Deba
News
Eight aspirants eye Governor Buni’s seat in Yobe
Eight aspirants eye Governor Buni’s seat in Yobe
By: Yahaya Wakili
As 2027 general elections are approaching, over 8 aspirants from the three senatorial districts of Yobe state are jostling for the governorship ticket of the All Progressives Congress (APC) in the 2027 general elections.
Notably among them are the current Secretary to the Yobe State Government and the longest SSG in Northeastern Nigeria, Alhaji Baba Mallam Wali (BMW) mni; the former Senate President of the Federal Republic of Nigeria and the longest member at the National Assembly since 1999 up to date and the current Senator for the Yobe North Senatorial District, Senator Ahmed Ibrahim Lawan, GCON (SAIL), Sardaunan Bade; and Senator Mohammed Ibrahim Bomai (MIB), two-term Senator for the Yobe South Senatorial District and Madakin Fika Emirate Council.
Others notable among them include Senator Musa Mustapha (COOLERS), current Senator of the Yobe East Senatorial District; Engr. Abubakar D. Aliyu, former Deputy Governor of Yobe State and former Minister of Power and Jarman of the Pataskum Emirate Council; and Kashim Musa Tumsah, a lawyer and diplomat, and hosts of others. The All Progressives Congress (APC) has been ruling the state since the return of democracy in 1999 or since the creation of the state. Muhammad Abba, a political analyst in the state, revealed that we are advising the party stakeholders in the state that if they want the party to continue ruling the state, they should adopt the rotation or zoning formula so that every senatorial district will benefit from the governorship seat in the state.
Dr. Garba Adamu, also a political analyst in the state, said rotation or zoning is the best option for the APC in the state, adding that since the creation of the state, Zone A, or the Yobe East Senatorial District, for a long time has held the power or has produced the governor, and the Yobe South Senatorial District has produced only one governor, Mamman B. Ali, who spent only 18 months in office before he died. But in the Yobe North Senatorial District, Zone C, they never produce anything else, neither the governor nor the deputy; they never get the opportunity or the chance.
He added that, but this time around if the party wants to win the election easily without facing any challenges from the opposition party, they should reintroduce the zoning system because it will encourage the electorates to come out en masse to vote for the party, especially from Zone C, because they picked its son to be the party candidate. However, he said the best candidate from the zone, who would win the election 100%, is Alhaji Baba Mallam Wali (BMW), the current secretary to the state government; he has the capacity, and he has the experience to handle the affairs of the state because of his long experience in administration.
According to him, the election of Baba Mallam Wali as the fifth democratically elected governor of Yobe State will steady impactful walks through the corridors of power at both local and state levels. He is a man blessed with a character of humility, sympathy, and accessibility and a genius in letting go of what rightfully and lawfully belongs to him for peace to reign. However, BMW’s plan is to continue building on what they call the “Renewed Hope and Vision of Governor Mai Mala Buni and the legacy of His Excellency, Senator Ibrahim Geidam,” aimed at delivering a better life for residents of Yobe State.
“Baba Mallam Wali’s agenda is anchored on People-Oriented Development (POD), a strategy designed to ensure that government decisions directly continue to improve the daily lives of citizens. Alhaji Idris Musa, also a political analyst in the state, reiterates his call to the APC-led administration in Yobe State to adopt the rotation formula aimed to balance its political equations, adding that if care is not carefully taken in Yobe politics this time and if they fail to implement the zoning formula, they will face the consequences because likely the opposition party will win the election, because the two senatorial zones will react, especially Zone C and Zone B.
Zone C deserved to pick the governorship ticket of Yobe State in 2027, and if there is fairness, equity, and justice in the 2027 election, then from Zone C, the current Secretary to the State Government, Alhaji Baba Mallam Wali MNI, is capable and has the capacity to hold the ticket, and he will deliver, inshallah.
Eight aspirants eye Governor Buni’s seat in Yobe
News
Reprisal attack leaves two dead as plateau govt imposes curfew in Jos
Reprisal attack leaves two dead as plateau govt imposes curfew in Jos
By: Zagazola Makama
A reprisal attack has claimed the lives of two persons in Jos North Local Government Area of Plateau State, following an earlier shooting incident along the Jos–Bauchi highway.
A security source said the incident occurred on March 29 at Angwan Rukuba junction, where residents allegedly carried out retaliatory attacks on passersby after a morning assault by gunmen.
According to the source, the initial attack, which occurred at about 7:30 a.m., involved assailants who drove on a vehicle and opened fire on commuters, killing several persons and injuring others before fleeing the scene.
Security sources blamed the attack on cultist, while some blame it on the fulani bandits, sone said they are Boko Haram while some maintain that the attackers were some criminal elements because they fled in a vehicle.
Sources however said that in the aftermath of the shooting, some aggrieved residents reportedly attacked unsuspecting passersby on the highway, resulting in the death of two persons,” the source said.
He added that the situation created heightened tension in the area, with fears of further escalation.
The situation further compounded after a Foreigner went to the scene of the accident to demonstrate and threatened to President Bola Ahmed Tinubu, saying will regret what he was doing for not admitting Christian Genocide.
The Plateau State Government subsequently imposed an immediate 48-hour curfew to restore calm and prevent additional reprisal attacks.
The source said casualties from the incidents had been evacuated to the Jos University Teaching Hospital (JUTH), while security agencies had commenced investigations to identify and apprehend those responsible.
He noted that no arrests had been made as of the time of filing this report.
The source further stressed the need for sustained security presence and community engagement to de-escalate tensions and prevent a breakdown of law and order.
Security agencies have also intensified patrols and surveillance in the area, as efforts continue to restore normalcy and ensure the safety of residents.
Reprisal attack leaves two dead as plateau govt imposes curfew in Jos
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