AS part of former President Umaru Yar’Adua’s Seven Point Agenda for economic revival and accelerated growth, the commercial Agriculture Credit Scheme (CACS) was launched. It was designed to provide concessionary funding to small farmers through credit guarantees and interest draw back support. Initial outlay for the scheme stands at a respectable $1.4 billion, to be disbursed through participating commercial banks.

It was an interesting experience to physically walk through reasonable living spaces built in Nigeria for less than N3m. What is more interesting is that it has happened in the depressed Nigerian economy, it was built with direct local labour in Nasarawa state and 90% of the input was locally produced in Nigeria. In effect, we have here a made in Nigeria home built by Nigerians for Nigerians.

WORRIED about the dynamic nature of the current business environment which could pose a major challenge to young engineers in the country, the Nigerian Institute of Industrial Engineers (NIIE), has unveiled a new plan to grow capacity within the profession and also ensure the country meets a sizable chunk of the Sustainable Development Goals (SDGs) by 2030.

For the umpteenth time, stakeholders in the housing sub-sector of nation’s economy have bemoaned challenges hindering provision of affordable housing in the country, insisting that lack of clear-cut policy on housing provision by governments at all levels is responsible.

NATIONAL Pension Commission (PenCom) may have been exploring untapped areas in infrastructure within the ambit of the laws to plunge pension funds for profit as the Commission says investing in prisons is a profitable venture.

AFTER ownership of land, one of the most intricate aspects of erecting a structure is processing a building plan approval. Having buildings erected on a large expanse of land without building plan approval is like running a government without laws guiding it.

REGARDLESS of the ongoing economic recession in Nigeria, the country is believed to be an amazing potential market in Africa for sanitary wares and finishing products.

THERE are indications that the just concluded 4-in-1 fair Organised by Elan Expo, an international expo firm would facilitate the inflow of $500 billion worth of investment into the country by first quarter of 2017.

Nigeria has lost 60 percent of its import cargo to neighbouring countries as a result of its unfriendly import policies, stakeholders in the industry have said.

Cooperative approach to buying property simply means a large group of people coming together as a society, a cooperative or in any other related form for a common goal, which is to buy property/properties in the same place.

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says Nigeria will move beyond oil export and improve its economy.

The Senate has asked the Central Bank of Nigeria to immediately pay its equity contribution of N1.5 billion to the management of the Federal Mortgage Bank of Nigeria (FMBN).

Former Minister of State for Finance, Dr Remi Babalola has urged the Nigerian Council of Registered Insurance Brokers (NCRIB) to stop unregistered brokers from grabbing government business and other large accounts only to dent the image of the sector in the process.

Despite the massive devaluation of the Naira, foreign portfolio investors have continued to adopt a wait and see attitude toward Nigeria hoping for further devaluation of the naira. Investigation showed that foreign investors relatively showed more interest in government bonds compared with their interest in shares. Across the economy, interest in direct investment from foreign investors is low, primarily due to foreign exchange volatility and Nigeria’s weak macro-economic outlook.

The authenticity of the 17 million housing units deficit figure in Nigeria being bandied about is in doubt, not being backed up by any proven data, Prof Mohammed Al-Amin, Managing Director, Federal Housing Authority (FHA) has said.