News

FG Set To Build Houses For Poor, Vulnerable Nigerians; Seeks Land From States

Published

2 years ago

November 14, 2023

Editor

The Federal Government has asked states of the federation to make land available so as to build houses for vulnerable Nigerians.

Permanent Secretary, Federal Ministry of Works and Housing, Mahmuda Mamman, who spoke to journalists at the ongoing 12th Meeting of the National Council on Housing and Urban Development in Kaduna, said the National Housing Scheme Programme by the ministry would assist the vulnerable population of the country in affording a roof over their heads so as to bridge the gap in the housing sector.

According to him; the Federal Ministry of Housing and Urban Development intended to go for the social housing scheme to provide decent and affordable houses to cater for the housing needs of Nigerians.

“All these are part of the present government’s resolve to make housing realistic and affordable to all Nigerians, in line with the renewed hope agenda of President Bola Ahmed Tinubu,” he said.

Discussions at the Kaduna meeting, he said, would figure out ways the state governments could cue into the housing scheme, adding that they have written to the states asking for available land for the project.

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“We have written letters to the various state governments asking them to give us unencumbered lands so that we can be able to build these affordable houses for all Nigerians because it is a matter of right and not a privilege; that’s why the administration is doing things differently.

“An ongoing survey conducted by the National Population Commission would ascertain the accurate figure of the housing deficit in the nation, and the figures would be made known upon completion of the survey,” he said.

The theme for the 12th Meeting of the National Council on Housing and Urban Development is “Harnessing Local and International Credit Schemes as a Panacea for Affordable Housing Infrastructure Development Under the Renewed Hope Agenda.”

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

6 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

6 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

8 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.