Rising rent, vacant houses, homeless tenants
In spite of the huge housing deficit in Nigeria, there are increasing cases of unoccupied houses in major cities across the country. Experts blamed this mostly on soaring cost of renting houses in places such as Lagos, Port Harcourt and Abuja, which are beyond the reach of potential tenants. Other reasons fingered for this paradoxical situation, especially in high brow and middle brow areas of the cities, are high cost of building material, land, lack of infrastructure facilities, inability to access fund, among other reasons.
Delta LG PDP factions resolve differences
BOMADI—Opposing factions in the Peoples Democratic Party, PDP, in Bomadi Local Government Area, Delta State, weekend, resolved to work together to ensure 100 percent victory in the forthcoming general elections in the coun
Rivers monarch predicts victory for Dakuku
PORT HAR-COURT— His Royal Majesty, Eze Victor Nnanna Woluchem, Epara Rebisi XII, the paramount ruler of Port Harcourt, Obio/Akpor Local Government Area, Rivers State, has predicted victory for the governorship candidate of All Progressives Congress, APC, Dr. Dakuku Peterside, saying he is the best option for the state.
Brokers hinge success of businesses on professionalism
President of the Nigerian Council of Registered Insurance Brokers, NCRIB, Mr. Ayodapo Shoderu, has said the foundation of any business behavior is hinged on moral principles and practices of those people involved and the standard set for or by the profession. Shoderu made the statement at the 2nd Annual Conference and Exhibition of the Ghana Insurance Brokers Association (GIBA).
NDIC and depositors’ protection
To meet the objectives of approximating to international best practices, the expectation of stakeholders is that, by the time NDIC participates in the 8th Regional Workshop of IADI on “Assessment of Compliance with the Core Principles for Effective Deposit Insurance Systems” holding in Pristina, Kosovo, next May, the National Assembly would have passed the proposed amendments so the Nigeria will hold her head high for her implementation of a credible Deposit Insurance Scheme, DIS.
Maritime workers threaten to disrupt oil firm’s operation in Bayelsa
Yenagoa—The Maritime Workers’ Union of Nigeria, Bayelsa district, has threatened to cripple drilling activities at the Ango Field Operations in Koluama clan operated by Conoil Producing Nigeria Limited on the Atlantic fringe of Bayelsa State over the company’s alleged insensitivity to the plight of its members.
