Connect with us

Economy

FG, Niger Government Partners On Mass Housing, Agriculture

Published

on

Niger Government Partners On Mass Housing

FG, Niger Government Partners On Mass Housing, Agriculture

FG, Niger government partners on mass housing, agriculture. Mrs Uzoka-Anite described the MoU as a settlement framework for farmers

The federal government has signed a Memorandum of Understanding (MoU) with Niger State for the provision of mass housing and agricultural settlements for farmers in the state.

The MoU was signed by the two parties in Abuja on Friday.

The minister of state for finance, Doris Uzoka-Anite, signed on behalf of the ministry of finance Incorporated (MOFI) while the Niger Governor, Mohammed Bago, signed on behalf of the state.

Mrs Uzoka-Anite said that the project entailed the Niger State government providing 100,000 hectares of land for the farm estate.
The Niger farm estate project, the first of its kind in the country, has key partners.

They include MOFI, Family Homes Funds Limited (FHFL), Rural Electrification Agency (REA) and Niger Foods Limited.

Mrs Uzoka-Anite described the MoU as a settlement framework for farmers, aimed at strengthening agricultural value chains and improving livelihoods across the state.

The minister said that the choice of Niger to pilot the farmers’ estate was deliberate.

“Niger remains one of Nigeria’s most agriculturally endowed states.
“Challenges such as insecure settlements, rural-urban migration, and inadequate infrastructure continue to limit the full potential of our farming communities.

“This initiative seeks to address these challenges by providing structured, secure and well-planned housing settlements for farmers, strategically located to support agricultural production, storage, processing and market access,” she said.

Mrs Uzoka-Anite said that by anchoring farmers in stable communities with access to basic infrastructure, the project would enhance productivity, reduce post-harvest losses, improve security and encourage youth participation in agriculture.

“Housing, as we know, is a fundamental pillar of development, but in Niger State, housing also intersects directly with agriculture, food security, rural stability and economic productivity,” she said.

According to the minister, when farmers are properly settled, agriculture becomes more efficient, more attractive, and more profitable.

She said that the project adopted an innovative financing model that blends public assets with private investment, ensuring sustainability, transparency, and shared risk.

“It allows government to focus on enabling policy and oversight, while leveraging the efficiency and scale of the private sector.

“Beyond its agricultural focus, the project promotes job security by creating stable, long-term employment across agriculture, agro-processing, renewable energy maintenance, logistics and community services,” she said.

She said that the mass housing and settlement project would stimulate broad-based economic activity by creating jobs for engineers, builders, artisans, suppliers and service providers.

“It will support local industries such as cement, steel, agro-processing, logistics and transportation.
“It will strengthen rural economies and contribute meaningfully to the state’s internally generated revenue.

Affordability and inclusiveness are central to this initiative,” she said.
She said that MOFI’s role in the project was strategic and catalytic as a key institution under the federal ministry of finance.

The minister said that MOFI brought deep expertise in asset optimisation, project structuring, and private capital mobilisation.

She said that through this collaboration, public land and assets were being transformed into productive economic instruments that deliver tangible value to citizens while reducing fiscal pressure on government.

She said that the settlements were not luxury estates but were designed to be functional, cost-effective, and aligned with the income realities of farmers and low- to middle-income earners.

The minister said that transparent allocation mechanisms and strong governance structures would ensure that the benefits reached the intended beneficiaries.

“Sustainability remains a key priority, with integrated renewable energy solutions, including solar-powered homes and community facilities, to ensure reliable electricity, reduce energy costs, and support agro-processing and storage activities.

“As these settlements are developed, emphasis will be placed on efficient land use, access roads, water solutions and environmentally responsible building practices that support long-term community growth,” she said.

She also said that the MoU demonstrated cooperative federalism, strategic alignment, and a shared commitment to inclusive economic development.
According to her, it aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda.

Niger Government Partners On Mass Housing

Niger Government Partners On Mass Housing

The Niger governor lauded the project as a milestone, an idea that aligns with the state’s agriculture programme.

Mr Bago said that the state would provide 100,000 hectares of land for the farm estate and promised to present the Certificate of Occupancy of the land to the minister on Monday.

He said that his government was deliberate and committed to helping people transition out of poverty.
“We are happy to be chosen for the pilot stage. This will address the issue of insecurity.

“Niger state has the largest mechanised land of all the states in Nigeria, and with this initiative, we have solved 80 per cent of our problems.

“We have a mission to develop a rail line from minna to Abuja and there would be farming corridor. We will create grazing reserves in the farm estate,” he said.

Economy

Lagos Assembly Strongly Seeks Suspension Of Makoko Demolition

Published

on

By

Lagos Assembly

Lagos Assembly Strongly Seeks Suspension Of Makoko Demolition

Lagos assembly strongly seeks suspension of Makoko demolition. The Lagos state house of assembly has called for the suspension of demolition activities in Makoko, Oko-Agbon and Shogunro waterfront communities following protests by displaced residents and growing public concern over the exercise.

The call was announced on Tuesday by Noheem Adams, chairman of an ad hoc committee set up by Mudashiru Obasa, speaker of the house, during a stakeholders’ meeting held at the Lateef Jakande auditorium.

Adams called on all state ministries to cease demolition work and promised compensation to the affected residents.
“On behalf of the speaker and all 40 members of the house, we are directing that all demolitions in Makoko, Oko-Agbon, and Shogunro communities should stop from today until further notice,” New Telegraph quoted Adams as saying.

He called for transparency by demanding the full list of taskforce members and the criteria used for engagement, insisting that residents must be actively involved in the process.

“That the taskforce that was constituted, we want to see the list of the taskforce because we want the residents to be duly involved and to be carried along. So we want to have the schedule of those task forces and the criteria for those that we are inviting,” Adams added.

Lagos Assembly

Lagos Assembly

“To the residents of Makoko, Oko-Agbon and Shogunro communities, as your representatives, we are giving you all assurances that they will stop demolitions henceforth and there will be compensations for all those whose properties have been demolished.”

Stephen Ogundipe, member of the ad-hoc, said there is need for clear communication, adding that residents targeted for relocation or redevelopment must be informed of the government’s plans in advance.

Babatunde Olajide, special adviser to governor of Lagos on E-GIS and urban renewal, confirmed that $2 million had been earmarked since 2021 to transform Makoko into a modern, internationally compliant water city.

He said enumeration of affected properties is underway and reiterated the administration’s commitment to handling the situation with a human face, prioritizing resident safety and fair compensation.

Yusuf Sagra, baale of Makoko, described the assembly’s decision as a “word of peace,” while Orioye Ogungbure, another leader of the community, praised the “democratic responsiveness” of the government.

Continue Reading

Crime

EFCC Arrests Kannywood Star, Samha Inuwa for Alleged Naira Mutilation In Viral Video

Published

on

By

EFCC Probes Man

EFCC Arrests Kannywood Star, Samha Inuwa for Alleged Naira Mutilation In Viral Video

EFCC arrests Kannywood Star, Samha Inuwa for alleged naira mutilation in viral video. The Kano Zonal Directorate of the Economic and Financial Crimes Commission, EFCC,   on Tuesday, February 3, 2026  arrested a Kannywood Star, Samha Inuwa over alleged Naira mutilation.

Inuwa was arrested following a viral video circulated on social media platforms where she was seen conspicuously cleaning mucus from her nose using Naira notes.

EFCC Probes Man

EFCC

Following the release of the viral video, the Commission swung into action by tracing and subsequently arrested her to answer questions.
She is currently being held at the Commission’s detention facility while investigation is ongoing.

The suspect will be charged to court upon conclusion of investigations.

Dele Oyewale
Head,  Media & Publicity
February 3, 2026

Continue Reading

Economy

Access Bank Gets New Board Chair Ifeyinwa Osime

Published

on

By

National Bank Of Kenya

Access Bank Gets New Board Chair Ifeyinwa Osime

Access Bank gets new board chair Ifeyinwa Osime. Access Bank Plc has appointed Ifeyinwa Osime as chair of the board of directors, following the retirement of Paul Usoro, on January 29.

Access Bank Plc has appointed Ifeyinwa Osime as chair of the board of directors, following the retirement of Paul Usoro, on January 29, according to a statement to the Nigerian Exchange Ltd. on Monday.

Ms Osime, a legal practitioner, joined Access Bank’s board in November 2019 as an independent non-executive director and had chaired its Human Resources and Sustainability Committee and the Governance, Nomination, and Remuneration Committee. This role made her contribute significantly to the bank’s corporate governance, leadership development, and sustainability initiatives.

Additionally, Ms Osime is a director at Ebudo Trust Ltd. and a partner at McPherson Legal Practitioners, where she advises on corporate and commercial matters and contributes to strategic leadership.

She is also a member of the Nigerian Bar Association, the Women Corporate Directors, Nigeria Chapter, and the Chartered Institute of Directors, Nigeria, where she serves on the Executive Committee of the Women Sectoral Group.

National Bank Of Kenya

Access Bank Gets New Board Chair Ifeyinwa Osime

Beyond her professional responsibilities, Ms Osime is committed to mentoring youths and is actively involved in the Autism and Developmental Delays Support Community, reflecting her dedication to inclusion and social impact.
Speaking on her appointment, the group chairman, Aigboje Aig-lmoukhuede, said, “Mrs Osime is a principled and experienced leader with a deep understanding of the Bank’s strategy and values.

“She has demonstrated strong commitment to the bank’s vision and mission, and I am confident that, under her leadership, the bank will continue to advance its strategic objectives of delivering sustainable value to shareholders and other stakeholders in the pursuit of its vision to become the world’s most respected African bank.”

Mr Aig-lmoukhuede also congratulated Mr Usoro on the completion of his tenure and on his exemplary leadership, dedication, and significant contributions to the group, saying he remains a valued member of the Access family.

Continue Reading

Trending