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
Scores killed in Boko Haram/ISWAP renewedclashes in Mandara Mountains and Sambisa Forest
Scores killed in Boko Haram/ISWAP renewed
clashes in Mandara Mountains and Sambisa Forest
By: Zagazola Makama
Scores of fighters were reportedly killed in a week-long surge of violent infighting between rival factions of Boko Haram and the Islamic State West Africa Province (ISWAP) across the Sambisa Forest axis of Borno State.
Security sources told Zagazola Makama that the renewed hostilities erupted on Jan. 3, following a coordinated ISWAP raid led by two commanders, identified as Jundullah and Ibn Hataf, targeting camps loyal to the Boko Haram faction around the Ali Ngulde axis of the Mandara Mountains.
The offensive, according to the sources, was met with stiff resistance as Boko Haram elements mounted a counter-ambush under the coordination of a field commander known as Abu-Rijal, also called Ba-Sulhu. Dozens of ISWAP fighters were reportedly killed in the encounter, while many captured alive, with weapons seized by the defending faction.
Footage that resurfaced during the week and said to have been obtained by Zagazola Makama, showed captured ISWAP fighters being executed before other combatants, amid claims of victory by the Boko Haram faction.
While the video reflects the brutality that has characterised inter-group rivalries in the forested enclaves of the Lake Chad in Borno State. Heavy weapons including AK-47 rifles, a general-purpose machine gun (GPMG), an anti-aircraft gun and assorted ammunition, were
recovered during the initial clashes.
However, the balance of power appeared to shift days later. On Jan. 6, ISWAP fighters were said to have launched a retaliatory assault on a Boko Haram stronghold in the Sabil Huda axis, triggering a prolonged exchange of heavy gunfire that lasted several hours.
Sources said ISWAP forces eventually overran the position, killing at least 12 Boko Haram fighters and seizing additional weapons.
The aftermath of the fighting reportedly forced the relocation of Boko Haram families, women and children from contested camps to perceived safe havens around the Yale General axis.
Night operations were also said to have been conducted to track fleeing fighters, though no further confirmed engagements were recorded as of Wednesday.
The renewed clashes are consistent with a long-running rivalry rooted in ideological differences, leadership disputes and competition over territory, resources and fighters. Both factions, according to sources, are re-arming and repositioning for possible further attacks.
Scores killed in Boko Haram/ISWAP renewed
clashes in Mandara Mountains and Sambisa Forest
News
Zulum begins construction of 2 mega schools in Hawul
Zulum begins construction of 2 mega schools in Hawul
By: Our Reporter
Borno State Governor, Professor Babagana Umara Zulum, has commenced the construction of two new mega schools in Hawul Local Government Area on Wednesday.
A 48-classroom High Islamic College is located in Shafa. It will operate under the accredited curriculum of the National Board for Arabic and Islamic Studies (NBAIS), designed to provide a holistic and modern Islamic education.

Zulum explained that the construction of High Islamic Colleges is part of his campaign promise, which will blend formal education with the study of authentic Islamic knowledge and allow learners to study digital knowledge, numeracy, literacy, and vocational skills.
The second mega school project launched by the Governor is situated in Marama and is aimed at expanding access to quality educational facilities across the LGAs by the Zulum administration.
During his visit, Governor Zulum also announced a plan for the recruitment of additional teachers, stating, “I am happy to lay the foundation of a mega school in Marama town. We are going to support you in all ramifications. In line with my campaign promises to deliver and transform the education sector, this government will construct a befitting two-storey building with 36 classrooms, in addition to other facilities.
“Due to a shortage of teachers, we must recruit competent teachers who are indigenes of Marama to teach in this school,” Zulum stated.

Zulum was assisted with the foundation-laying by the Commissioner of Education, Science, Technology and Innovation, Engr. Lawan Abba Wakilbe.
Similarly, Governor Babagana Umara Zulum visited the National Orthopaedic Hospital, Azare, also in Hawul Local Government Area, a facility that was rehabilitated and donated by the State Government to fast-track the take-off of the hospital.
Governor Zulum also commissioned projects executed by Hawul Local Government, including a shopping complex and market stalls.
The Governor was accompanied by Senator Mohammed Ali Ndume (Borno South); former Deputy Governors, Usman Mamman Durkwa and Ali Abubakar Jatau; Hon. Bukar Talba (House of Representatives); the Deputy Speaker, Hon. Abdullahi Musa Askira; members of the State Assembly; commissioners; local government chairmen; and other stakeholders from Southern Borno.
End
News
BORNO MECHANICS’ ASSOCIATION APPOINTS PCC COMMISSIONER AS PATRON
BORNO MECHANICS’ ASSOCIATION APPOINTS PCC COMMISSIONER AS PATRON
By: Our Reporter
The Borno State Motorcycle, Tricycle and Generator Mechanics Association has paid a courtesy visit to the Honourable Federal Commissioner, Public Complaints Commission (PCC), Borno State Hon. Yusuf Adamu in his Office, during which he was formally appointed as the Patron of the Association.
The visit provided an opportunity for a robust and interactive engagement between the leadership of the Association and the Honourable Federal Commissioner. In his remarks, the Commissioner expressed appreciation for the visit and the confidence reposed in him by the Association. He used the occasion to urge members to, with immediate effect, take advantage of the Mechanic Village allocated to them by the Borno State Government by relocating their operations accordingly. He emphasized that the initiative was aimed at enhancing orderliness, professionalism, and safety within the sector.

The Honourable Federal Commissioner further admonished the Association to remain law-abiding and loyal to constituted authority, stressing that peace and progress can only thrive in an atmosphere of respect for the rule of law. He also charged members to uphold the principles of justice, equity, and fair play in the discharge of their duties, and to desist from any form of sharp practices, particularly cheating unsuspecting members of the public.

Responding on behalf of the delegation, the leader of the Association expressed profound gratitude to the Honourable Federal Commissioner for his warm reception, fatherly advice, and willingness to serve as their Patron. He assured the Commissioner that the Association would adhere strictly to his counsel, particularly on relocating to the Mechanic Village and maintaining high ethical standards in their operations.

The courtesy visit was rounded off with special prayers for peace, progress, and prosperity for the Patron, the Public Complaints Commission, and the Federal Republic of Nigeria. The event concluded with the taking of group photographs to commemorate the occasion.
BORNO MECHANICS’ ASSOCIATION APPOINTS PCC COMMISSIONER AS PATRON
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years agoTHE PLIGHT OF FARIDA
-
News9 months agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
Opinions4 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Opinions2 years agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
