The Commissioner for Housing, Lagos State, Gbolahan Lawal, says the government has made it mandatory for facility managers to be engaged for the management of all existing and new state-owned housing estates. Lawal made this known at a ceremony to hand over keys to 150 allottees under the Lagos State Government Rent-to-Own initiative. He said […]
The Nigerian Senate on Tuesday made history with the passage of the repeal and re-enactment of the Companies and Allied Matters Act (CAMA). The repeal is the biggest business reform bill in Nigeria in over 28 years. The act was modified after a clause-by-clause consideration and a voice vote on the report of the Committee […]
Lagos State Government has said that it will deliver 14,187 housing units across the state in the next two years through joint venture partnership.The Commissioner for Housing, Mr. Gbolahan Lawal, stated this at the ongoing 2018 ministerial press briefing to mark the third anniversary of Governor Akinwunmi Ambode’s administration.He said by this initiative, the state […]
The Chairman of the committee, Ademorin Kuye, said this on Tuesday at the committee’s inauguration in Abuja. “The figure is a conservative estimation carried out by the Nigerian Society of Engineers (NSE) on the abandoned properties located in Lagos, Ibadan, Enugu, Port Harcourt, Kano, Kaduna and other cities,” he said. He recalled that on March […]
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to transfer its abandoned property in Lagos to the state government or lease them to the private sector. The President of LCCI, Mr Babatunde Ruwase, made the plea in an interview in Lagos on Monday. Ruwase noted that several properties belonging to […]
Babatunde Ruwase, president of the Lagos Chamber of Commerce and Industry (LCCI), has advised firms to look beyond the limitations created by the present economic situation and see opportunities for growth and inventions. Ruwase stated this during the induction of 105 new companies in Lagos last Wednesday, with a promise to provide the needed platforms […]
The Lagos Chamber of Commerce and Industry (LCCI) has commended President Muhammadu Buhari for declining assent to National Housing Fund (NHF) Bill. The chamber said the bill would have caused more problems for citizens. Mr. Muda Yusuf, the Director-General of LCCI, gave the commendation on Friday in Lagos. President Buhari had on April 2, declined […]
Lagos State government says it is working to fully re-open critical sectors of its economyThe state governor Babajide Sanwo-Olu, stated this on Sunday during an update on the COVID-19 pandemic, adding however, the move would not be pushed in a hurry.Sanwo-Olu said in the coming days, the state government would be rolling out Register-to-Open initiative […]
The Lagos State Government has commenced the automation of the Ministry of Physical Planning and Urban Development, especially its stage certification, monitoring and urban renewal processes. The new move is through the Lagos State Physical Planning Permit Authority (LASPPPA) Lagos State Building Control Agency (LASBCA) and the Lagos State Urban Renewal Agency (LASURA). Commissioner for […]
Structuring project financing through the capital markets to ensure that the transactions are bankable, and the costs reflect reality. If Nigeria is to make up for the infrastructural deficit in the country, the government should consider resorting to bonds rather than loans for infrastructural financing. Structuring all transactions in a local currency, rather than dollars, […]