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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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Army troops rescue 10 kidnapped women, recover rifle and ransom money in Sanga, Kaduna

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Army troops rescue 10 kidnapped women, recover rifle and ransom money in Sanga, Kaduna

By: Zagazola Makama

The Nigerian Army troops of 1 Division Operation FANSAN YANMA have rescued 10 kidnapped women during a coordinated search-and-rescue operation in Sanga Local Government Area of Kaduna State.

The women were abducted from their farms at Ungwan Nungu on Nov. 29.

Sources told Zagazola Makama that the successful operation was carried out after days of sustained days search operations to track the kidnappers.

The sources stated that at about 6:40 a.m. on Friday, the troops made contact with the abductors who were attempting to receive ransom money from relatives of the victims.

“The troops engaged the kidnappers with superior firepower, forcing them to abandon the victims and flee,” the sources added.

According to the sources, the troops rescued all 10 victims and recovered one fabricated AK-47 rifle, one round of 9mm ammunition and ₦1.6 million, said to be part of the ransom the criminals were attempting to collect.

The rescued victims have been debriefed and reunited with their families, while efforts are ongoing to track and arrest the fleeing suspects.

Army troops rescue 10 kidnapped women, recover rifle and ransom money in Sanga, Kaduna

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Why IPI Nigeria gave SSS DG, Oluwatosin Ajayi, Commendation Award

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Why IPI Nigeria gave SSS DG, Oluwatosin Ajayi, Commendation Award

By: Michael Mike

The Nigerian National Committee of the International Press Institute (IPI Nigeria) has explained the rational behind the award to the Director General of the Department of State Security, Mr Adeola Oluwatosin Ajayi.

In a statement justifying the commendation award to Ajayi, the committee said: “Since his appointment as Director-General of the State Security Service (SSS) in late August 2024, Mr Adeola Oluwatosin Ajayi has demonstrated an unmistakable commitment to press freedom and respect for journalists and media organisations.

“Unlike in previous years when the SSS was notorious for serial harassment, intimidation, and arrests of journalists, the agency under Mr Ajayi’s leadership has shown remarkable restraint, professionalism, and openness to dialogue. Conflicts between the Service and the media are now resolved amicably, through engagement rather than coercion.”

It cited few examples to illustrate this transformation to include:

“Barely hours into his tenure, one of our colleagues, Adejuwon Soyinka, was intercepted and detained in Lagos. Within hours of IPI Nigeria bringing the matter to his attention, Mr Ajayi directed the Lagos Command to release the journalist immediately.

“For decades, our member Lanre Arogundade had suffered humiliating treatment at Nigeria’s borders, having been placed on the SSS watchlist since the 1980s. Despite years of advocacy, previous assurances that his name had been removed turned out to be untrue. Shortly after assuming office, Mr Ajayi received a formal complaint from IPI Nigeria and acted swiftly—permanently deleting Mr Arogundade’s name from the watchlist.

“In the Order Paper case, the SSS arrested a staff member of the newspaper following an inaccurate report alleging the Service invaded the National Assembly to facilitate the removal of Senate President Godswill Akpabio. Once notified, Mr Ajayi immediately ordered that the detained journalist be granted administrative bail. Through constructive engagement, the matter was later resolved, all charges filed in court were withdrawn, and the case was closed.

“There was also a case involving one of our colleagues who became entangled in a personal matter unrelated to journalism. He was arrested alongside an associate. Acting on humanitarian grounds, we sought the DG’s intervention. Mr Ajayi obliged and ordered his release.

“In February 2025, the SSS contacted IPI Nigeria, accusing several media organisations of publishing falsehoods about its role in the Lagos Assembly crisis. Though understandably aggrieved, the DG worked patiently and collaboratively with us to resolve the dispute. The agency provided evidence that it had been invited by the Assembly leadership to secure the complex, and the matter was amicably settled without confrontation.

“In October 2025, without any prompting from IPI Nigeria, Mr Ajayi ordered disciplinary action against officers involved in the arrest and detention of two journalists from Jay 101.9 FM, a private radio station in Jos. He subsequently caused the SSS to issue a formal apology to the journalists and their organisation.

“For these and other reasons, we are honouring Mr Adeola Oluwatosin Ajayi today. We do so not only to acknowledge his commendable press freedom credentials but also to encourage him to do even more, and to inspire other officials, institutions, and organisations to emulate his example.”

Why IPI Nigeria gave SSS DG, Oluwatosin Ajayi, Commendation Award

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Drug war: NCWS commends President Tinubu, Marwa, seeks collaboration with NDLEA

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Drug war: NCWS commends President Tinubu, Marwa, seeks collaboration with NDLEA

By: Michael Mike

The National Council of Women Societies (NCWS) has commended President Bola Ahmed Tinubu over the reappointment of Brig. Gen. Buba Marwa (rtd) as Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency for another term of five years.

National President of the NCWS, Princess Edna Azura who gave the commendation when she led other leaders of the Council on a courtesy visit to Marwa at the Agency’s national headquarters in Abuja on Wednesday, said the decision will further strengthen and consolidate the ongoing war against substance abuse and illicit drug trafficking.

She called for more collaboration between the women’s group and NDLEA in the area of joint sensitization programmes in schools, markets, and communities as well as training of women leaders in drug use prevention, treatment and care.

“We want to appreciate President Bola Ahmed Tinubu for this wonderful opportunity that he has given you extra five years. We are very, very grateful. This renewal is a clear national endorsement of your monumental contributions to national security, public health, women and youth protection. We are confident that your continued leadership will further fortify the nation’s fight against drug trafficking and promote sustainable peace and stability”, she noted.

She described Marwa’s leadership at NDLEA as transformative and inspiring. “Over the years, you have demonstrated what strong ethical and visionary public service truly means. Under your leadership, the Agency has recorded unprecedented achievements from dismantling sophisticated drug trafficking networks to intercepting record level quantities of illicit substances, improving intelligence driven operations, expanding community based preventive education and strengthening rehabilitation pathways for victims of substance abuse. We are very grateful for that. These achievements are not just institutional milestones, they represent hope for millions of families, especially women and children, who often suffer the silent painful consequences of drug related crime, domestic challenges and societal instability.”

While seeking further partnership with NDLEA in the fight against the drug scourge, Princess Azura said “at NCWS, we have also been actively mobilising women, mothers, teachers and community groups to participate in the fight against substance abuse. Our ongoing school outreach programmes, advocacy forums and community sensitisation campaigns across the states have proven that when women are fully engaged, prevention becomes more effective.”

She said the NCWS is eager to explore strategic areas of cooperation with NDLEA, including training of the Council’s national officers and state leaders as community anti-drug ambassadors; joint advocacy campaigns targeting mothers and caregivers; rehabilitation and reintegration especially for women and youths affected by substance abuse, among others.
In his response, Marwa expressed appreciation to the NCWS leaders for the visit and their kind remarks about him and President Tinubu. He said as the umbrella body for all women societies across the country, it is imperative for NDLEA to partner with the NCWS. He said the Agency considers the drug menace as Nigeria’s number one problem today because it affects everyone and every community directly or indirectly, adding that with a population of about 15million drug users, there’s the need for a whole of society response.

“So, this is a big challenge and government cannot handle it alone, we have to have the whole of society to work with us. So NCWS, we don’t have any bigger partners than you because you are the mothers handling families all over the country, and it is very, very critical that you stand up. You have to stand up and be part of this struggle to redeem the souls of our young boys and girls, including the women who are afflicted”, he stated.

The NDLEA boss assured the women leaders that the NDLEA will not only partner with them but will equally organise Drug Use Prevention, Treatment and Care (DPTC) training to equip them for the task ahead in 2026. “We will hold a DPTC training for you, we usually to do that for governors’ spouses and I think we will tailor it to exactly what you will need, so that you can also take it down to the states, and down to the grassroots.”

He urged them to also buy in and take ownership of the current push for drug integrity test for intending couples as part of efforts to discourage substance abuse and encourage early detection and treatment, especially among the youth.

Drug war: NCWS commends President Tinubu, Marwa, seeks collaboration with NDLEA

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