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Wednesday 22 January 2020
3 important lessons to learn from the tragic murder of Billionaire businessman by fake estate buyers
Saturday 24 February 2018
MBAN calls for exploration in real estate to aid development
MBAN calls for exploration in real estate to aid development
Mr Adeniyi Akinlusi, President, Mortgage Banking Association of Nigeria (MBAN), on Wednesday urged exploration of the potentials in the real estate sector to aid economic development and alleviate poverty.
Akinlusi, who made the call in an interview with the News Agency of Nigeria (NAN) in Lagos, said that there were untapped resources in the real estate and construction industry.
He said that more than 50 per cent of the landed property in the country was dead because they lacked the requisite documents.
Akinlusi said that lands could be tapped to enhance access to mortgage/credit facilities and unleash wealth.
According to him, the sector provides a chain of employment to different categories of people, and contributes high to a country’s Gross Domestic Product (GDP).
“But in Nigeria, the reverse is the case; construction and housing contributes below four per cent to the nation’s GDP,” he said.
According to him, the percentage is far from what the industry should be contributing, having accounted for about 60 per cent of the workforce.
“The industry boasts of good professionals, developers in various private and public offices, an array of artisans and other people engaged in various activities at construction sites.
“This is how strong the housing and construction industry is, in terms of generating employment, yet its contribution to GDP is far below average,” Akinlusi said.
According to him, the nation lacks the right regulatory framework to ensure effective operational system in the industry.
The MBAN president said that the industry needed a law to boost housing delivery and development.
He urged that housing and construction researchers should come up with findings on ways to get value for money from construction activities.
“We should encourage exploration and take advantage of the large involvement of professionals in a single construction activity to ensure the right regulatory framework that will propel the industry.
“It is the practice worldwide,’’ he said.
Wednesday 21 February 2018
Foremost Christian evangelist Billy Graham is dead
Foremost Christian evangelist Billy Graham is dead
Popular Christian evangelist, Billy Graham. [Photo credit: NPR]
A popular Christian evangelist, Billy Graham, is dead.
Mr. Graham is credited with transforming American religious life through his preaching and activism.
He was 99.
His books are also popular among Christians across the world including Nigeria.
A counsellor to ex-U.S. presidents, Mr. Graham long suffered from cancer,
The Guardian UK newspaper quotes his spokesperson as saying Mr. Graham died at his home in North Carolina on Wednesday morning.
Monday 19 February 2018
UCL: Barcelona name squad for Chelsea clash
UCL: Barcelona name squad for Chelsea clash
Ernesto Valverde has named 21 players to the squad; as Barçelona faces Chelsea on Tuesday night in the UEFA Champions round of 16
All 20 first team players available will be making the trip, plus Barça B goalkeeper Adrià Ortolá. Philippe Coutinho will not be going because, having already played in the Champions League this season for Liverpool, he is ineligible to appear for Barça in the tournament.
Fullback Nelson Semedo is suspended for yellow card accumulation. Thomas Vermaelen, however, has been declared fit and gets the green light.
The team will fly to London on Monday morning. Before the session at Stamford Bridge, Valverde and midfielder Ivan Rakitic will appear before the media.
Here is the full list:
Ter Stegen, Cillessen, Ortolá, Piqué, Rakitic, Sergio, Denis Suárez, Iniesta, Suárez, Messi, Dembélé, Paulinho, Paco Alcácer, Jordi Alba, Digne, Sergi Roberto, André Gomes, Aleix Vidal, Umtiti, Yerry Mina, Vermaelen