Housing: FG provides N500bn to resuscitate FMBN for mortgage facilities

The Federal Government says it has provided N500 billion to resuscitate the Federal Mortgage Bank of Nigeria (FMBN) to make mortgage facilities easily available to Nigerians. Alhaji Mustapha Baba-Shehuri, Minister of State for Power, Works and Housing, announced this in Lafia on Monday when he called on the Nasarawa State Deputy Governor, Mr Silas Agara.……

Federal Housing allottees protest alleged re-sell of their plots in Umuahia

Federal Housing Estate allottees in Abia on Thursday, protested against an alleged re-sell of their plots of land at the ministry’s housing estate located at Amakama, near Umuahia, the state capital. The allottees, operating under the aegis of Federal Housing Allottees Association, gathered in their numbers at the World Bank Housing Estate, from where they……

“We Commit To Do More and To Make Your Lives Better” – Fashola

Hakeem Bello, Abuja: Even as the nation begins to experience a gradual turnaround in its economic fortunes, Minister of Power Works and Housing, Mr. Babatunde Fashola SAN, has assured Nigerians of yet greater things to come saying the Federal Government was committed to making their lives better. Fashola, who was represented in Lagos on Sunday…

Federal Housing Scheme is for all Nigerians — Fashola

Minister of Power, Works and Housing Babatunde Fashola says houses built under the Federal Housing Scheme will be allocated to all Nigerians, irrespective of their states of origin. Fashola made the remarks while speaking with newsmen shortly after a tour of federal projects on Sunday in Maiduguri, Borno. He said all qualified Nigerian residents in……

Blame developers, govts. for making housing unaffordable – UN rights expert

Ms Leilani Farha, the UN Special Rapporteur on the Right to Housing, says developers and governments should be blamed for making housing unaffordable for the people Farha, in her latest report presented on Thursday to the UN Human Rights Council in Geneva, said financial speculation had led to unsustainable global housing crisis. “The financial world……

Lagos, World Bank partner on delivering affordable housing units

L-R: Andrei Niyutin, Prince Gbolahan Lawal, Sinon Walley,Arc Foluso Adebayo Dipe and Guillenette Jaffrin in group picture after the meeting Kazeem Ugbodaga The Lagos State Government is partnering with the World Bank to deliver qualitative and affordable housing units to residents of Lagos in order to bridge the housing deficit. Officials of the World Bank…

Today At The Federal Executive Council (FEC) Meeting

The Federal Ministry of Power, Works, and Housing (PWH) has been given the go-ahead at FEC today to ensure the completion of Kaduna Power Plant with a view to adding 215 megawatts of electricity to the National grid. Minister of PWH Babatunde Raji Fashola announced the Governments approval while briefing newsmen after the FEC meeting…

Fashola’s Speech At The Power Nigeria Exhibition Held At Eko Hotel

Babatunde Raji FasholaMinister Power, Works and Housing Ladies and Gentlemen: The number and array of exhibitors at this event clearly speaks volumes about the investment appetite for Nigeria’s power sector. More than anything that I could possibly say about the attractiveness of the Nigerian power sector; these exhibitors cum investors, who have voted with their…

Minister Fashola Inspect Ijora-Apapa Bridge in Lagos

Minister of Works, Power and Housing, Babatunde Fashola has expressed optimism that the rehabilitation work on the Ijora –Apapa Bridge will be intensified to bring normalcy to business activities along axis. The Minister said this while inspecting the on-going rehabilitation of access road to Apapa, Tincan Island Port, NNPC Depot and the newly constructed Trailer…

Garba Shehu: What Is President Buhari Doing With The Economy?

Garba Shehu: What Is President Buhari Doing With The Economy? LET me start by asking an important question: who wants to kill racy introspection? There is a cacophony of voices telling the Muhammadu Buhari administration to close its eyes to the past; that given the enormous tasks that lie ahead, history and its consequences for…