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
NiDCOM Repatriates 13 Nigerians Rescued from Traffickers in Ghana, Raises Alarm Over Irregular Migration
NiDCOM Repatriates 13 Nigerians Rescued from Traffickers in Ghana, Raises Alarm Over Irregular Migration
By: Michael Mike
The Nigerians in Diaspora Commission (NiDCOM) has facilitated the return of 13 Nigerians rescued from a human trafficking syndicate in Ghana, in what officials describe as another stark reminder of the growing dangers facing citizens lured abroad with false promises.
Chairman/Chief Executive Officer of NiDCOM, Hon. Abike Dabiri-Erewa, praised the swift intervention of the Nigerian High Commission in Ghana for coordinating the rescue and repatriation of the victims. She said the successful operation underscores the Federal Government’s commitment to protecting Nigerians wherever they may be.
The returnees, comprising 11 adults and two infants aged just four weeks and 16 months, were received in Lagos by the Commission’s Head of Operations on behalf of the Chairman.
According to a statement by the spokesman of the Commission, AbdurRahman Balogun, the initial assessments revealed that some of the women and their children are battling serious health challenges and are currently undergoing medical treatment, alongside psychological support to address trauma experienced during their ordeal.
Dabiri-Erewa expressed appreciation to Nigeria’s First Lady, Oluremi Tinubu, for her consistent support in providing transportation and other critical logistics for rescue missions. She described such backing as vital in ensuring that vulnerable Nigerians are brought home safely and reintegrated with dignity.
As part of standard reintegration procedures, the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) conducted profiling and documentation of the victims, while NiDCOM coordinated logistical arrangements to facilitate their onward movement to their respective states.
The repatriation exercise was led by the Acting Nigerian High Commissioner to Ghana, Ambassador Moses Adeoye, working closely with relevant stakeholders and partner agencies to dismantle the trafficking network involved.
While welcoming the victims home, Dabiri-Erewa warned young Nigerians against falling prey to dubious recruitment agents and unverified overseas job offers. She stressed that irregular migration continues to expose many to exploitation, abuse and life-threatening conditions.
She reaffirmed NiDCOM’s resolve to strengthen collaboration with diplomatic missions, security agencies and civil society partners to combat human trafficking and provide timely intervention for citizens in distress abroad.
NiDCOM Repatriates 13 Nigerians Rescued from Traffickers in Ghana, Raises Alarm Over Irregular Migration
Crime
NDLEA Nabs China-Based Businessman, Two Angolans as 236 Cocaine Pellets Recovered at Abuja, Kano Airports
NDLEA Nabs China-Based Businessman, Two Angolans as 236 Cocaine Pellets Recovered at Abuja, Kano Airports
By: Michael Mike
Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a China-based Nigerian businessman and two Angolan nationals after they excreted a combined 236 wraps of cocaine at the Nnamdi Azikiwe and Mallam Aminu Kano international airports.
The suspects—identified as Ibeanu Vincent Chukwudulue, 34; Mbandu Martins Makiadi, 50; and Ngoma Wilson Fernando, 52—were apprehended in separate operations in Abuja and Kano following intelligence-led surveillance.

Ibeanu was intercepted on February 4 at the Nnamdi Azikiwe International Airport while boarding a Qatar Airways flight from Kano to China via Doha. A body scan confirmed he had ingested illicit drugs. Under observation, he excreted 52 pellets of cocaine weighing 735.95 grams. He told investigators he previously ran a business on Lagos Island before relocating to Guangzhou, China, in 2024.
On the same day, NDLEA officers at the Mallam Aminu Kano International Airport arrested Makiadi and Fernando at the departure hall during clearance for an Ethiopian Airlines flight to Istanbul via Addis Ababa. Body scans confirmed drug ingestion. Makiadi expelled 76 wraps weighing 920 grams in seven excretions, while Fernando passed 108 pellets weighing 1.33 kilograms in five excretions.
The Angolan suspects, both from Hoji Ya Henda in Luanda, claimed they were recruited by an automobile spare parts dealer who promised them $3,000 each upon successful delivery of the drugs in Turkey.

In a related development, NDLEA operatives at the export shed of the Murtala Muhammed International Airport thwarted an attempt to smuggle 1.10 kilograms of cocaine to London, concealed in processed cassava granules (garri).
Investigations revealed that the plot was orchestrated from prison by Olashupo Michael Oladimeji, a convicted drug trafficker currently serving a five-year sentence at the Ikoyi Correctional Centre. Oladimeji had earlier been convicted by a Federal High Court in Lagos in 2025 for conspiracy to export 17.90kg of cocaine.
The latest consignment, hidden in a sack of garri packed inside a carton, was presented for export by Adedeji Yusuf Gbolahan, a staff member of Dimeji Express Logistics. NDLEA investigations indicated that Oladimeji coordinated the operation from custody and directed Yusuf to collect the consignment in Oshodi before taking it to the airport.
In another case at the Lagos airport, a 44-year-old estate surveyor, Adelaja Taiwo Adetayo, was arrested for attempting to ship 1.70 kilograms of skunk concealed in five jerry cans to the United Kingdom. The cargo agent who processed the consignment was also arrested, leading to a follow-up operation that tracked down Adelaja in Lagos.
In Abuja, NDLEA operatives intercepted a waybill package from Enugu containing a children’s toy guitar used to conceal 59.2 grams of Canadian Loud, a potent cannabis strain. A follow-up operation led to the arrest of the consignee, Henry Onuma, in Life Camp.
Meanwhile, in Lagos, NDLEA officers raided a four-bedroom duplex in the Lekki area used as a production hub for Colorado, a synthetic cannabis variant known locally as “Colos.” The operation followed the seizure of 73 cartons of nitrous oxide at Ajah–Epe Expressway, suspected to be linked to the facility. Two suspects were arrested, and 13.2 kilograms of freshly produced synthetic cannabis were recovered alongside precursor chemicals.

In Ibadan, Oyo State, a 45-year-old suspected drug dealer, Oluwayemisi Bunmi, was arrested with 1.189kg of Colos and skunk, 320 grams of methamphetamine, nearly ₦3 million in cash, and two vehicles.
In Kwara State, NDLEA operatives intercepted a vehicle conveying 105,400 pills of tramadol along the Bode Saadu axis, leading to the arrest of 43-year-old Kamilu Abdullahi.
Similarly, in Edo State, five suspects were apprehended during a raid on a forest camp in Ovia North East Local Government Area, where 563.5 kilograms of skunk were recovered.
Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd), commended officers across the MAKIA, MMIA, NAIA, Lagos, Edo, Kwara, FCT, and Oyo Commands for their professionalism and vigilance.
He urged continued commitment to the agency’s balanced strategy of drug supply reduction and drug demand reduction, even as NDLEA intensified its War Against Drug Abuse (WADA) sensitisation campaigns in schools and communities nationwide.
NDLEA Nabs China-Based Businessman, Two Angolans as 236 Cocaine Pellets Recovered at Abuja, Kano Airports
News
Kwara Residents Call on the Federal Government to Rescue Residents Captured in Woro as a Video of Abductees Surfaces Online
Kwara Residents Call on the Federal Government to Rescue Residents Captured in Woro as a Video of Abductees Surfaces Online
By:Bodunrin kayode
There has been urgent calls on the Federal, government with the military might to take swift action to rescue the 176 abducted residents of woro community back to safety away from captivity.
This came about after a disturbing video clip showing captured residents of the recent attack in Woro community, Kaiama council Area of Kwara State, surfaced online.
In the video, several women and young children, including infants, were paraded by the terrorists looking distressed and helpless.
A voice believed to be that of one of the attackers was heard behind the camera speaking in Hausa and questioning the victims about their numbers and were they were captured because they were quite a handful.
During the question and answer session the women and children responded that they were taken from Woro in Kaiama council so that their relations will know they are still alive.
“When asked how many they were, they answered that they were 176 in number. The same question was repeated to another woman in the video to confirm the figure.
” The person behind the camera also claimed that authorities had earlier announced a lower number of victims and said the video was proof of the actual figure.
“The victims were abducted after armed attackers invaded Woro community on February 3, 2025. During the attack, many lives were lost and homes were destroyed.
” The emergence of this video has increased fear and concern among residents and families of the victims.
“The people of the area continue to hope for the safe return of their loved ones and a lasting solution to the security challenges.” Said a source from the state.
Kwara Residents Call on the Federal Government to Rescue Residents Captured in Woro as a Video of Abductees Surfaces Online
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