A fiscal plan is usually a clear and precise statement of what government hopes to realistically earn as income and how much it would spend within a given time frame. Thus in a year, if projected incomes exceed expenditures, a surplus will be available as savings or to apply responsibly to revamping vital social infrastructure. Conversely, where projected expenditure exceeds actual income, the shortfall will invariably be funded with loans or savings.

Management of Axa Mansard Pensions Limited has said that the company has maintained a top five industry position on returns on investment in the last four years as at December 2014. Assistant General Manager, Business Development, Naomi Aduku who stated this during a media parley at the company’s office in Lagos, noted that the mission of the company is to achieve optimum return on invested funds while ensuring safety of both returns and contributions for the ultimate benefit of contributors.

As consumers of insurance products and services complain over sale of fake policies and delay in payment of claims, among others, the Consumer Protection Council (CPC) has taken strategic steps towards addressing their complaints.

Lack of affordable housing affects particularly the low income citizens as they pay a disproportionate share of income for housing or live in inadequate housing that is cut-off from employment and access to health and other social services”, according to Lagos state Commissioner for Housing, Prince Gbolahan Lawal at a press conference at the weekend to announce the formal launch of the Rent-to-Own/Rental Housing policies of state billed for this Thursday.

When UACN Property Development Company, UPDC Plc acquired the former Durbar Hotel, Festac, Lagos in 2002 under the privatisation programme of the Federal Government, the company’s objective according to the Managing Director of UPDC Plc, Mr. Hakeem Ogunniran, was to turn the abandoned hotel and its premises into a tourist destination that will reshape the entire landscape of Amuwo-Odofin, Lagos.