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Economy

Renewed Hope City 80 Per Cent Completed In Lagos, Says FG

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Renewed Hope City 80 Per Cent Completed In Lagos

Renewed Hope City 80 Per Cent Completed In Lagos, Says FG

Renewed Hope City 80 per cent completed in Lagos, says FG. “The Ibeju Lekki Renewed Hope City project is 80 per cent completed, with over 700 housing units under phase one ready for commissioning,” stated the minister.

The Federal Ministry of Housing and Urban Development states that the ongoing construction of 2,000 housing units, Renewed Hope City in Ibeju Lekki, Lagos, has reached 80 per cent completion.

Housing Minister Ahmed Dangiwa announced this in a statement following an inspection visit to the site, according to a ministry statement. He said the project would  be ready for inauguration soon.

“The Ibeju Lekki Renewed Hope City project is 80 per cent completed, with over 700 housing units under phase one ready for commissioning,” stated the minister. “The administration of President Bola Tinubu is currently building seven Renewed Hope Cities, one in each geo-political zone and Abuja, FCT.”

Mr Dangiwa said the  foundation laying for the second phase of the Lagos Renewed Hope City houses would  be done by President Bola Tinubu after the commissioning of the 700 units of the first phase.
He added that the  Lagos Renewed Hope City, when fully completed, would deliver 2,000 housing units.

He said the project underscored Mr. Tinubu’s commitment to bridging Nigeria’s housing deficit.
According to the minister, the Renewed Hope Cities and Estates initiative nationwide aims to provide decent and affordable housing for Nigerians.

Mr Dangiwa also visited the Lekki Economic Trade Zone as part of the Lagos tour activities.

He inspected various housing projects, industries, building materials, testing laboratories, the deep sea port, Alaro City, Lagos Coastal City, and other ongoing developments.

He commended Lekki Worldwide Investments for providing a strategic site for the Federal Government Building Materials Manufacturing Hub within the Lekki Free Trade Zone.

He explained that the ministry planned to establish six Building Manufacturing Hubs, one in each geo-political zone, aimed at reducing housing production costs by facilitating the production of local building materials.

He disclosed that an investor has already been secured for the manufacturing hub project, which would help reduce Nigeria’s housing deficit by boosting local production of building materials.

“The hub will promote local content, curb rising costs of materials, encourage domestic production, and ensure sustainable housing delivery nationwide,” he said.

Mr Dangiwa said the intermodal transport infrastructure in Lekki, including a seaport, airport, rail, and roads, would support the effectiveness of the hubs. The minister added that the infrastructure would  attract real estate investments, as housing is required to support these developments.

Renewed Hope City 80 Per Cent Completed In Lagos

Renewed Hope City 80 Per Cent Completed In Lagos

Muhammad Abdul, executive director of Loans and Mortgage Services at the Federal Mortgage Bank of Nigeria, stated that the Ibeju Lekki houses were designed to be affordable and accessible to workers and cooperative societies, with the bank offering the lowest interest rates in the market.

Earlier, Adeniyi Akinlusi, CEO of Lekki Worldwide Investments Ltd., briefed the minister on the company’s projects, noting that the free zone was designed to stimulate growth, reduce imports, attract investment, create jobs, and boost housing.

Economy

ADC Is Nigeria’s Only Reliable Political Party, Others Brought Insecurity, Hunger, Says Atiku

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Terrorists Alternative Government Under Tinubu

ADC Is Nigeria’s Only Reliable Political Party, Others Brought Insecurity, Hunger, Says Atiku

ADC is Nigeria’s only reliable political party, others brought insecurity, hunger, says Atiku. Former Vice-President Atiku Abubukar says the African Democratic Congress (ADC) is the only reliable political party in the country, noting that others have brought insecurity, hunger, poverty and unemployment.
Speaking in Jalingo, the capital of Taraba state, during the official opening of the ADC state secretariat, Abubakar said the party is ready for a 2027 victory but urged Nigerians to unite to rescue the nation.

He also asked Taraba residents to take part in the ongoing continuous voter registration exercise, adding that their participation is crucial to reversing Nigeria’s worsening hardship.
“I am in Taraba to inaugurate our new party office of the ADC, and I want you to hold the party with integrity,” Channels Television quoted Atiku as saying.

“Do not allow anybody to deceive you with any other party, because we have tasted other political parties, and they brought nothing but insecurity, hunger, poverty and unemployment. “The youths and women should know that we are doing this for them to have a better future, and I am holding on to their promise. “ADC will win Taraba state and win Nigeria as the only reliable political party.”

ADC Is Nigeria’s Only Reliable Political Party

ADC Is Nigeria’s Only Reliable Political Party

 

Abubakar, who formally joined the ADC on Monday—17 months before the 2027 general election—said his experience across political platforms convinced him that the All Progressives Congress (APC), the Peoples Democratic Party (PDP) and other parties lack the capacity to rescue the country.

He resigned from the PDP on July 16, citing “irreconcilable differences” within the opposition party as his reason for leaving.

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Akwa Ibom

Akwa Ibom Governor Pledges Commitment To Tourism, Blue Economy Development

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Maritime Growth

Akwa Ibom Governor Pledges Commitment To Tourism, Blue Economy Development

Akwa Ibom governor pledges commitment to tourism, blue economy development… commends Editi Effiong for projecting State’s tourism potentials

As part of his effort to encourage tourism and enhance the State’s blue economy, Akwa Ibom State Governor, Pastor Umo Eno, has reiterated his administration’s commitment to encourage and reward young professionals who are willing to collaborate with his administration in promoting the positive image of the State through the ARISE Agenda.

The Governor made this known while fielding questions from Government House correspondents shortly after embarking on inspection of a locale of a movie, “The Black Book 2” (Old Scores), at Ishiet Beach/Market in Uruan Local Government Area.

He commended the movie Producer and Director, Mr. Editi Effiong, for his talent, vision, inspiration, and creative ability to project the tourism potentials and boost the economy of the State.

Governor Eno charged young Akwa Ibomites to shun divisive tendencies, be inspired, and emulate the creative effort of successful Akwa Ibom sons and daughters by joining hands to develop the tourism and blue economy of the State.

“The impression is amazing, seeing that we have one of our own trying to pull the world down here.

“I would love to thank and encourage him, and to let our young people see that Akwa Ibom has what it takes to drag the world’s attention.

“It depends on what you see. Someone can see this place and write one story about a swamp that has been abandoned and make all the noise. Another person sees this place and makes a great movie out of it that will market this place to the world and is able to attract the attention because of the work he has done here,” he said.

The State Chief Executive pledged his encouragement, support, and collaboration with Editi and other young Akwa Ibomites to enable them rise to the zenith of their calling.

“We are going to work with him. Editi is a young man I have known very well. This is one thing I say to our people in the diaspora, let’s partner. Come back home, whatever you see out there, bring it back here, and let’s work together.

“I think that is the story, and I am really impressed. If you know the number of people that have visited this State in the course of this film, the talents, and the caliber of artists that have been here, then this young man deserves an award and our support,” he added.

Maritime Growth

Ibom Deep SeaPort

On his part, the movie Producer and Director, Effiong, appreciated Governor Eno for his visionary leadership and passion for tourism development.

He expressed gratitude to the Governor for creating a hospitable and tourism friendly ecosystem to enhance talent exploration through the provision of good road network and quality modern facilities which distinguished the State as one of the most treasured locations in the country.

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Crime

EFCC Releases Ex-AGF Malami After Hours Of Interrogation

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EFCC Releases Ex-AGF Malami After Hours Of Interrogation

EFCC Releases Ex-AGF Malami After Hours Of Interrogation

EFCC releases ex-AGF Malami after hours of interrogation. He said he would return for further questioning.

The Economic and Financial Crimes Commission (EFCC) has released the former attorney general of the federation and minister of justice, Abubakar Malami, after hours of interrogation by the anti-graft team.

Mr Malami confirmed his release in his X account on Saturday. The former minister said that he had been released and scheduled for another meeting with investigators.
He said that the reality behind the “fabricated allegations” levelled against him would become clearer with time.

“In line with my undertaking to keep Nigerians updated on my invitation by EFCC, I give glory to Allah for his divine intervention. “The engagement was successful and I am eventually released while on an appointment for further engagement as the truth relating to the fabricated allegations against me continues to unfold.”

EFCC Releases Ex-AGF Malami After Hours Of Interrogation

EFCC Releases Ex-AGF Malami After Hours Of Interrogation

The EFCC had summoned Mr Malami through a letter dated November 24, and signed by Sunday Ofen-Imu on behalf of its chairman, Ola Olukoyede.

The EFCC did not disclose the specific allegations for which Mr Malami was invited.

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