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Ibeto, US firm merge to stimulate cement, housing needs

Ibeto, US firm merge to stimulate cement, housing needs

The recent acquisition of 70 per cent equity in an American firm by Nigeria’s Ibeto Cement Company has been described as a remarkable feat. This is not only because it represents the first transaction to be executed on a reverse merger basis, but for its import on the local and African economy, reports, MUYIWA LUCAS.Read More
The post Ibeto, US firm merge to stimulate cement, housing needs appeared first on The Nation Nigeria. …

Invest more in housing delivery, NSE tells FG

Invest more in housing delivery, NSE tells FG

Maureen Ihua-Maduenyi The President, Nigerian Society of Engineers, Mr. Kunle Mokuolu, has called on the Federal Government to provide a proper framework to ensure better housing delivery for Nigerians. Mokuolu, while assessing infrastructure growth under President Muhammadu Buhari’s administration in the last three years, scored the government high in road infrastructure and power, but expressed […] …

NMRC, IFC devise strategies to reduce housing deficit

NMRC, IFC devise strategies to reduce housing deficit

Ifeanyi Onuba, Abuja The Nigeria Mortgage Refinancing Company and the International Finance Corporation have unveiled strategies that would enable them provide solutions to the problem of housing deficit in the country. The strategy is expected to be implemented under an innovation of the IFC tagged: ‘Excellence in Design for Greater Efficiencies’. It was created to […] …

FG approves additional N4bn payment to housing contractors

The Minister of Power, Works and Housing, Babatunde Fashola has stated that over N4 billion has been approved for additional payment to housing contractors across the country in demonstration of government’s commitment to its National Housing Programme initiative.
The post FG approves additional N4bn payment to housing contractors appeared first on Vanguard News. …

Housing deficit: Firm unveils Fairmont Estate to reduce gap

Housing deficit: Firm unveils Fairmont Estate to reduce gap

Following the successful roll-out of its medium housing model, Fairmont Estate, located in Arepo, Ogun State last year, Propertymart, a Lagos-based real estate development firm, has introduced Fairmont Lekki, Lagos, in pursuit of its mission to be the number one affordable housing solution provider in the country.
The post Housing deficit: Firm unveils Fairmont Estate to reduce gap appeared first on Vanguard News. …

FG, Zvecan, Chinese firm to build 5,000 housing units in Abuja

Zvecan Consulting and Engineering Limited has entered into a partnership with the Federal Government and a Chinese firm, Wengfu (Group) Company Limited to build 5,000 housing unit under the Federal Integrated Staff Housing (FISH) programme.
The post FG, Zvecan, Chinese firm to build 5,000 housing units in Abuja appeared first on Vanguard News. …

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