Connect with us

News

FG Unveils Affordable Homeownership Mortgage Fund

Published

on

The Ministry of Finance on Tuesday unveiled plans for a market-driven mortgage fund aimed at expanding access to affordable homeownership in Nigeria.

Spearheaded by the Minister of Finance, Mr. Wale Edun, the initiative is part of the One Million Homes Presidential Initiative.

The fund, known as the Ministry of Finance Incorporated Real Estate Investment Fund, is designed to provide low-cost mortgage options, particularly for pension account holders, enabling a broader segment of the population to own homes.

Advertisement

READ ALSO: Man Who Drugged Wife For Over 70 Men To Sleep With Blames Her

Edun emphasised the potential of the fund “to provide cost-effective mortgage options for a large segment of pension account holders.”

He also highlighted the significance of the meeting as a platform for open dialogue, enabling key stakeholders to exchange ideas and contribute to the initiative’s success.

Advertisement

The CEO of the Ministry of Finance Incorporated, Dr. Armstrong Takang, further elaborated, noting that “the MREIF is designed to be market-driven while adhering to all regulatory standards.”

READ ALSO: Two Nigerians Found Guilty Of Rape In UK

The high-level meeting, held at the Ministry’s headquarters, brought together key stakeholders from the pension and financial sectors, including representatives from ARM Pensions, FCMB Pensions, Trustfund, and NUPEMCO.

Advertisement

Discussions during the meeting centred on shaping the future of the fund and promoting economic growth through a robust real estate sector.

Among the prominent leaders in attendance were, Accountant General of the Federation, Dr. Oluwatoyin Maiden; Wale Odutola of ARM Pensions, CEO of STC Trustees, Funmi Ekundayo; Co-Coordinator of MREIF, Sani Yakubu, and others from institutions like PAL Pensions, Vetiva Advisory, and Access Pensions.

Advertisement

News

Out-of-school: Bauchi Education Ministry Takes ‘Back To School’ Campaign To Markets

Published

on

The Bauchi State Ministry of Education has launched a sensitization campaign on the importance of education across selected market places in the state.

The campaign aims to encourage school enrolment and showcase the infrastructural facilities provided by the Bauchi state government to ensure a conducive environment for learning and teaching in the state.

Speaking during the flag off of the campaign at Gadan-Maiwa Community, Dr. Mohammed Lawal, the state’s Commissioner for Education, emphasized that the marketplaces are ideal locations to promote education, as it is a hub of activity where people gather to buy and sell.

Advertisement

READ ALSO:AGILE Leads 200 Girls On Road Walk To Create Awareness In Bauchi

He highlighted the various infrastructural facilities provided by the government, which he said included the mega schools, provision of qualified teachers, and educational materials to woo parents to enroll their wards into school.

The Commissioner noted that the state has made significant progress in reducing the number of out-of-school children.

Advertisement

Lawal stated that the government has implemented a Conditional Cash Transfer (CCT) programme to support the education of girl children, which he said, has recorded significant success.

READ ALSO:Bauchi Begins Production Of Exercise Books, Chalks For Schools

He therefore urged parents to take advantage of the government’s efforts and send their children to school.

Advertisement

The commissioner also commended Governor Bala Mohammed for his commitment to education and reducing the number of out-of-school children in the state.

On their part, the village head of Gadan-Maiwa, Safiyanu Ahmed, and the Chairman of Gadan-Maiwa motor Park, Alhaji Adamu Abubakar, lauded the government’s initiative and urged parents to support the effort.

The duo also appealed for more teachers to be employed to improve education in the state.

Advertisement
Continue Reading

News

How My Fiancée kept Me From Temptations – Singer Spyro

Published

on

Nigerian singer, Oludipe Oluwasanmi David, popularly known as Spyro, has revealed that his fiancée, Janet Atom, keeps him him grounded and away from temptations.

The ‘Who’s Your Guy’ crooner shared that before meeting his fiancée he was “tempted” by ladies, especially in Lekki.

Hailing his fiancée as his “Jesus baddie,” he appreciated her for changing his life.

Advertisement

READ ALSO:Drama In Abuja Hotel As BBNaija Star, Phyna Creates Scene Over alleged N200,000 Dispute [VIDEO]

The singer captioned a picture of his fiancée via Instagram; “Eiii God! My very own Jesus baddie @_callme_njure.

“Thank you again for saving me from Lekki girls o, na me know wettin my eyes see.”

Advertisement

Recall that Spyro recently engaged Janet Atom. He disclosed that he met her at a nightclub while announcing their engagement in September.

Continue Reading

News

Drama In Abuja Hotel As BBNaija Star, Phyna Creates Scene Over alleged N200,000 Dispute [VIDEO]

Published

on

Former Big Brother Naija winner, Ijeoma Josephina Otabor, popularly known as Phyna, was reportedly involved in a heated altercation at a hotel in Abuja following an alleged N200,000 disagreement.

According to eyewitness accounts, the confrontation began in the early hours of Tuesday inside Phyna’s hotel room in Abuja, before spilling into the lobby, attracting the attention of guests and staff.

Sources claimed the dispute stemmed from an unsettled financial issue involving N200,000, which quickly escalated into a shouting match.

Advertisement

The argument reportedly intensified when neither party was willing to back down, leading to pushing and chaos within the hotel premises.

READ ALSO:JUST IN: BBNaija Season 7 Winner, Phyna, Loses Sister, Ruth Otabor After Accident

Eyewitnesses further alleged that the situation worsened after others connected to the individuals involved joined the confrontation, turning the verbal exchange into a physical clash.

Advertisement

Security personnel and police officers were eventually called in to restore order, using teargas to disperse the crowd.

The incident comes shortly after Phyna returned to the public eye following a brief break to mourn the death of her sister, who died in an accident involving a Dangote truck.

Watch video:

Advertisement

https://x.com/i/status/1978198954014629890

Continue Reading

Trending