As cement prices return to rooftops
The construction of roads, infrastructure and housing is reeling again under a vicious resurgence of cement prices. Reports have it that in many parts of the country, especially the Lagos metropolis, where development of housing projects is proceeding at a frenetic pace, a bag of cement now goes for as a high as N2,800 per bag.
NSE market value dips by N183.5bn
The bearish run on the Nigerian Stock Exchange NSE continued last week, as equities value represented by the market capitalization declined by N183.48 billion.
Flour Mills to boost local cement production
Speaking further on the plan to invest N200 billion in its operations, Mr. George Coumantaros, Chairman, Flour Mills, nother said that proceeds of its bond offering last year and its soon to be launched rights issue will be utilised to enable the company to pursue aggressively the immediate plans to deliver accelerated growth across the Group.
FG moves to review housing policies
The federal government has initiated moves to review the country’s housing policies by constituting a committee to draft national housing and urban development policies, with Mr. S.P.O. Fortune Ebie as chairman and Arch. E.A. Nya-Etok as vice chairman.
Expert advocates indigenous architecture to boost mass housing
To help boost the creation of affordable housing in Nigeria, an expert has called for the development of an indigenous architectural model, which he termed “vernacular architecture”.
Talking Insurance: Supportive manager: Sun model (3)
Managers should not just accept diktats from higher authority without discussion.If he or she believes that there is a more effective and productive way that a task can be completed, or that further resources are required to achieve budgets, they must be ready to discuss this openly with their own superiors.
