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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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NCoS Dismisses Claims of Prisons as TB Hotbeds, Reaffirms Strong Disease Control Measures

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NCoS Dismisses Claims of Prisons as TB Hotbeds, Reaffirms Strong Disease Control Measures

By: Michael Mike

The Nigerian Correctional Service (NCoS) has rejected claims that custodial centres across the country have become “hotbeds” for tuberculosis (TB), describing such assertions as misleading, alarmist, and unsupported by verified data.

In a press statement issued on Sunday, the Service spokesperson, Jane Osuji faulted a report published by Daily Trust on January 3, 2026, titled “How Nigerian Prisons Became Tuberculosis Hotbeds,” insisting that the narrative failed to reflect the realities within Nigeria’s correctional facilities.

According to the NCoS, while it welcomes responsible media engagement on public health and inmate welfare, the report relied on sweeping generalisations and unverified claims, despite the Service having provided the reporter with detailed and factual information on tuberculosis prevention and treatment in custodial centres.

“The portrayal of custodial centres as unchecked tuberculosis hotbeds is misleading and unfair,” the Service said, adding that some of the names and cases cited in the report do not exist in the records of any correctional facility known to the Service.

The NCoS noted that tuberculosis remains a global public health challenge affecting both custodial and non-custodial populations, stressing that Nigeria’s TB response is coordinated by the Federal Ministry of Health through the National Tuberculosis, Leprosy and Buruli Ulcer Control Programme (NTBLCP), in line with World Health Organization guidelines.

It explained that the Service is an active stakeholder in the national TB response, operating health clinics across custodial centres nationwide and working closely with the NTBLCP, federal and state ministries of health, non-governmental organisations, and development partners.

These collaborations, the Service said, support routine TB screening, laboratory diagnosis, treatment initiation, adherence monitoring, and referral to secondary or tertiary health institutions where required. Inmates diagnosed with tuberculosis are placed on nationally approved treatment regimens at no cost.

The NCoS further outlined that healthcare management in custodial centres includes medical screening upon admission, periodic health assessments, infection prevention and control measures, isolation of infectious cases when clinically indicated, and structured referral systems to external hospitals.

While acknowledging challenges such as congestion in some urban custodial facilities and ageing infrastructure, the Service stressed that these issues do not amount to neglect of inmate welfare. It highlighted ongoing decongestion efforts through jail delivery exercises, collaboration with the judiciary, and the expansion of non-custodial measures provided for under the Nigerian Correctional Service Act.

The Service also recalled its handling of the COVID-19 pandemic, noting that despite custodial centres being classified globally as high-risk environments, proactive screening, isolation protocols, and close collaboration with public health authorities ensured that no active COVID-19 cases were recorded in custodial centres nationwide.

According to the NCoS, this experience demonstrates its institutional capacity and preparedness to manage communicable diseases, including tuberculosis, within custodial settings.

The statement added that the Federal Government has approved the recruitment of additional medical and healthcare professionals to further strengthen health service delivery, disease surveillance, and treatment programmes across custodial centres.

Reaffirming its commitment to safeguarding the health, dignity, and human rights of persons in custody, the Nigerian Correctional Service said it remains open to constructive criticism but will continue to challenge reports that misinform the public or unjustly malign the institution.

NCoS Dismisses Claims of Prisons as TB Hotbeds, Reaffirms Strong Disease Control Measures

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US Invasion of Venezuela: ECOWAS Urges Restraint, Backs Dialogue

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US Invasion of Venezuela: ECOWAS Urges Restraint, Backs Dialogue

By: Michael Mike

The Economic Community of West African States (ECOWAS) has expressed concern over the recent developments in the Bolivarian Republic of Venezuela, calling on all parties to exercise restraint and respect international law.

In a statement issued in Abuja on Sunday, ECOWAS acknowledged the right of states to combat international crimes such as terrorism and drug trafficking but stressed that such efforts must be carried out in line with established principles of international law.

The regional bloc reminded the international community of the obligation to respect the sovereignty and territorial integrity of all nations, as provided under Article 2(4) of the United Nations Charter.

ECOWAS said it fully aligns with the African Union’s position, articulated in a statement released on 3 January 2026, which urged restraint and encouraged inclusive dialogue among the people of Venezuela as a means of addressing the country’s challenges.

The statement comes amid heightened tensions in Venezuela following reports of foreign military actions and growing international reactions to the evolving security and political situation in the South American country. Venezuela has in recent years faced prolonged political instability, economic hardship, and international pressure, leading to sharp divisions both domestically and globally over how best to address the crisis.

ECOWAS reiterated its solidarity with the Venezuelan people and called on all states to respect Venezuela’s independence and territorial integrity. The bloc expressed support for efforts by Venezuelans to determine the future of their country through an inclusive and peaceful process.

The West African regional body joins a growing list of international and regional organisations advocating de-escalation and dialogue as tensions continue to draw global attention.

US Invasion of Venezuela: ECOWAS Urges Restraint, Backs Dialogue

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Troops neutralise seven terrorists, rescue hostages in Borno

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Troops neutralise seven terrorists, rescue hostages in Borno

By: Zagazola Makama

Troops of Joint Task Force (North East), Operation Hadin Kai, have neutralised seven terrorists and rescued three abducted persons during coordinated clearance and ambush operations in Konduga Local Government Area of Borno.

Zagazola Makama reliably informed that the latest encounters occurred in the early hours of Saturday under Operation Desert Sanity V.

According to the sources, troops operating in conjunction with members of the Hybrid Force and Civilian Joint Task Force (CJTF) made contact with terrorists at about 4:40 a.m. at Sojiri, a known terrorist crossing point in Konduga LGA.

“During the firefight, five terrorists were neutralised, while three hostages kidnapped by the terrorists were successfully rescued. One AK-47 rifle was also recovered,” the sources said.

They added that no casualty was recorded on the side of own troops, with no personnel killed, wounded or missing.

In a related operation, the main advancing force into terrorist territory was reported to be about four kilometres short of the crossing point at Kana after commencing movement from a harbour position.

The sources said contact was made by an ambush team between Meleri and Ngirbua, where two additional terrorists were neutralised and one AK-pattern rifle recovered.

Zagazola reports that Operation Desert Sanity V is part of sustained offensive actions by the Nigerian military aimed at degrading terrorist networks, blocking movement corridors and rescuing abducted civilians across the North East.

Troops neutralise seven terrorists, rescue hostages in Borno

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