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Fashola partners finance ministry, others to reduce housing deficit

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The Minister of Works and Housing, Mr Babatunde Fashola, says his ministry is working with ministries of finance, budget and national planning to lower interest and lending rates to reduce housing deficit in the country.

Fashola made the assertion at the third edition of Lafarge Africa Plc Quarterly webinar – Concrete Ideas.

It is a platform for deliberation on issues, policies and developments shaping Nigeria’s construction, infrastructure and housing sectors.

The theme of the webinar was: “New Solutions for Nigerian’s Urban Housing.”

The minister, who spoke as the Special Guest of Honour, said the government would ensure long term financing to reduce the housing deficit in the country.

He said housing was a commodity, which the private sector could leverage to increase their entrepreneurial skills to deliver.

“I’m happy to observe that in the last four years at least, the footprints of private sector in the real estate is increasing.

“What government can do to strengthen that space is to use its fiscal and monetary policies muscles to make it even more prolific to play by bringing down the rates – interest and lending rates.

“Government should ensure long tenure financing and these are conversations I’m having with my colleagues, the Minister of Finance, budget and national planning,” he said.

Fashola added that houses of assemblies of states and attorney generals must rise up and intervene on behalf of their residents by way of rent control.

He noted that housing must be discussed along the terms of ownership and rental.

“Where you have people asking citizens to pay three years’ rent in advance for salaries earned monthly in arrears, there is a mismatch there; housing will never be affordable and the bulk of property do not belong to the government but private citizens,” Fashola said.

He urged the attorney generals to get creative through legislation to solve the problem.

According to him, Nigeria needs to redesign its building method for those with economic power to demand and consume.

The minister debunked claims that Nigeria had a housing deficit of between 17 million and 22 million, saying the claim was unrealistic as there were empty houses all over the major urban centres.

He said the Federal Government was perfecting plans to ensure the next census would include home ownership to ascertain the country’s housing deficit figure.

He noted that housing deficit was an urban problem, and that land was a very important component in addressing housing problems in the country, yet he said the Federal Government did not control land but states.

Also speaking, Lafarge Africa Chief Executive Officer, Mr Khaled El Dokani, said the Concrete Ideals platform was for strategic discussions of critical and tropical issues in the area of construction and other sections of its value chain.

Dokani said the commitment of the Federal Government and its agencies to encourage private sector involvement in critical policy formation could not be overemphasised.

“Today’s event signals a call for all key stakeholders within the sector to work together and find lasting solutions to Nigeria’s urban housing issues,” he said.

He said the company would remain committed in providing building solutions through innovative products for economic growth and development.

Miss Amaka Nwaokolo, founder, Blue Tower House, said access to finance was vital in solving housing problem.

Nwaokolo urged the government to provide affordable finance to real estate players to solve housing issues in the country to ease the burden that would be passed to end users.

 

 

(NAN)

 

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DSS Arraigns Malami, Son Over Alleged Terrorism Financing, Illegal Firearms Possession

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FMR AG Abubakar Malami
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The Department of State Services (DSS) has arraigned former Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, alongside his son, Abdulaziz Malami, before the Federal High Court in Abuja over alleged terrorism-related offences.

The defendants were brought before Justice Joyce Abdulmalik on Tuesday and were docked on a five-count charge bordering on alleged terrorism financing, aiding and abetting terrorism, and unlawful possession of firearms and ammunition. Both men pleaded not guilty to all charges.

According to the charge, Malami is accused of allegedly facilitating terrorism financing by failing to prosecute individuals suspected of financing terrorism, whose case files were reportedly forwarded to his office during his tenure as AGF.

The father and son were jointly charged in counts two through five, which relate to alleged unlawful possession of firearms and ammunition. The prosecution alleged that the defendants were found in possession of a Sturm Magnum 17-0101 firearm, 16 live Redstar AAA cartridges, and 27 expended cartridges at their residence in Birnin Kebbi, Kebbi State, without valid licences.

The prosecution further claimed that the alleged possession amounted to preparation for acts of terrorism, contrary to provisions of the Terrorism (Prevention and Prohibition) Act, 2022, and the Firearms Act, 2004.

During the court proceedings, prosecuting counsel, Dr. C.S. Eze, requested that the defendants be remanded in DSS custody pending trial. However, defence counsel, S.A. Alua (SAN), made an oral application for bail, which was declined by the court. Justice Abdulmalik ruled that bail applications must be formally filed in writing in accordance with court procedures.

The case has been adjourned until February 20 for the hearing of the bail application and possible commencement of trial.

The DSS maintains that the alleged offences fall within the jurisdiction of the Federal High Court.

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Christmas 2025: Senator Opeyemi Bamidele Calls for Peace, National Reflection and Unity

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Senate Leader, Senator Michael Opeyemi Bamidele
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The Leader of the 10th Senate, Senator Opeyemi Bamidele, CON, has called on Nigerians to embrace peace, love and national unity as Christians across the country celebrate Christmas 2025.

In a Christmas message issued on Wednesday, December 25, Senator Bamidele described the birth of Jesus Christ as a timeless source of hope, redemption and salvation for humanity, noting that His message remains relevant in addressing contemporary national and global challenges.

According to the Senate Leader, Christmas offers Nigerians another opportunity to reflect on the state of the nation and the welfare of its citizens, irrespective of religious affiliation. He urged both Christians and Muslims to draw lessons from Christ’s message of love, reconciliation and peaceful coexistence, rather than resorting to violence in the pursuit of personal or collective grievances.

Senator Bamidele emphasized that Christ’s love transcends religious boundaries, describing it as a unifying force capable of healing broken relationships, reconciling divided communities and fostering national cohesion, stability and rebirth.

He further stressed that enduring peace is fundamental to sustainable development, economic growth and good governance at both national and sub-national levels. According to him, only in an atmosphere of peace and mutual understanding can citizens freely pursue their aspirations without fear or hindrance.

The Senate Leader therefore urged Nigerians to become ambassadors of peace, harmony and positive engagement, while rejecting hate speech, violence and divisive tendencies.

He concluded by wishing Nigerians a Merry Christmas and a prosperous New Year in advance.

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Tinubu Renames Federal University of Medical Sciences, Azare, After Late Islamic Scholar Sheikh Dahiru Usman Bauchi

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President Bola Ahmed Tinubu has approved the renaming of the Federal University of Medical Sciences, Azare, Bauchi State, in honour of the late renowned Islamic scholar, Sheikh Dahiru Usman Bauchi.

The President announced the decision on Saturday during a condolence visit to the family of the revered cleric at his country home in Bauchi State. According to Tinubu, the renaming is aimed at immortalising the scholar’s enduring legacy and his immense contributions to humanity, religious scholarship, and peaceful coexistence.

“From today onward, I announce this change of name to immortalise him. The Federal University of Medical Sciences, Azare, Bauchi State, will from today be known as Sheikh Dahiru Usman Bauchi University. May God bless his memory,” the President declared.

Describing the passing of the cleric as a “great national loss,” Tinubu said Sheikh Dahiru Bauchi lived a life defined by humility, selfless service, and unwavering dedication to the propagation of Islam, peace, and moral values across communities.

He prayed for Allah’s mercy upon the soul of the late scholar and asked that he be granted Aljannatul Firdaus. The President also prayed for strength and comfort for the family, the government, and the people of Bauchi State, urging Nigerians to continue to pray for peace, unity, and national harmony.

Speaking on behalf of the family, the eldest son of the late cleric, Sheikh Ibrahim Usman Bauchi, expressed profound gratitude to the President for the condolence visit, prayers, and the honour bestowed on their father. He also thanked Bala Mohammed, Governor of Bauchi State, for his consistent support to the family.

In his remarks, Governor Mohammed commended the President for honouring the family and Bauchi State, describing the gesture as a fitting recognition of Sheikh Dahiru Bauchi’s lifelong commitment to faith, education, and national unity. He noted that the late scholar’s influence transcended Bauchi and Nigeria, touching lives across generations.

The President was accompanied on the visit by the Speaker of the House of Representatives, Tajudeen Abbas; the Governor of Yobe State, Mai Mala Buni; and Seyi Tinubu, among other top government officials.

Tinubu arrived at the Sir Abubakar Tafawa Balewa International Airport, Bauchi, at about 4:09 p.m., where he was received with a guard of honour by the Nigerian Air Force. He was welcomed by Governor Bala Mohammed; the Governor of Plateau State, Caleb Mutfwang; the Coordinating Minister of Health and Social Welfare, Ali Pate; the Minister of Foreign Affairs, Yusuf Tuggar; and the Senator representing Bauchi South Senatorial District, Shehu Buba.

The condolence visit formed part of the President’s broader engagements to commiserate with the family and followers of the late Islamic scholar, whose influence and contributions to Islamic learning and spiritual leadership spanned decades across Nigeria and beyond.

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