Over 100m Nigerians live below poverty level- VP Osinbajo

Vice-president, Yemi Osinbanjo who delivered  the 10th  anniversary lecture of Crescent University, Abeokuta, tagged, “The Nigerian Economy and the Future”, yesterday said that some tough decisions would have to be taken to put the country back on the path of genuine growth and development  in line with the All Progressives Party (APC) programme.

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Images: Nigerian Student Adaku Abel Discovered Lifeless after the Accra Flood

Before her demise, lovely Adaku Abel was a 200 level Business Administration understudy at the Accra Institute of Technology. She had been announced missing after the Ghana Accra surge that murdered more than 150 people. 

See more pics bellow. 

Nigerian Students Are Now Been Denied Of Admission Because Of Ebola

Despite being an Ebola-free country, some Universities in the US are now rejecting Nigerian students admission. Twitter user @Idrisayobello shared one of those rejection letters on twitter and wrote, "Ironic that Navarro College only 31 miles away from Dallas with an active #Ebola case is denying admission to Nigerians who are ebola-free!". This is ridiculous!

NDFF 2013 to Profile Nigerian Real Estate and Housing Finance sector as investment frontier

The 4th Nigeria Development and Finance Forum (NDFF) 2013 North America Conference will showcase the Nigerian Real Estate and Housing Finance sector as an important frontier of investment opportunities in Nigeria.

One of Nigeria’s leading experts on the sector, Roland Igbinoba, President/CEO, Pison Housing Company will make the lead presentation and will be supported by a panel consisting of senior policy and private sectors leader, with participants and delegates drawn from the real estate and housing finance sectors across the United States and Nigeria.

Official data from the office of the Honourable Minister of Lands, Housing and Urban Development, Ms. Amal Pepple, confirms Nigeria’s housing deficit of over 16 million. Lagos State, the commercial capital of Nigeria, accounts for 30 per cent of the housing deficit, according to a recent statement by Hon. Adedeji Olatubosun Jeje, Commissioner for Housing, Lagos State.

A Presidential mandate has seen the introduction of policy reforms in the housing sector, which is being spearheaded by Ms. Pepple. She said recently that:
“Mr. President recently directed us to focus on land titling, housing finance, affordable housing, low-cost/social housing and urban regeneration and regional development. We intend to vigorously pursue the implementation of these initiatives over the next two years in order to achieve the targets we have set for ourselves.”

The framework for the establishment of a Federal institution for housing refinancing is being assisted by the World Bank, as confirmed by the Honourable Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, at the Spring Meetings of the IMF/World Bank in Washington DC, in April.

Nigeria’s domestic mortgage market is currently valued at 445 billion U.S. dollars, yet with rapid rate of urbanization and positive demographic structure, housing finance is seen to be critical to support human and infrastructural development.

Mr. Igbinoba says: “My presentation will cover the investment opportunities in real estate in Nigeria, spanning from residential to commercial real estate. I will do this by comparing Nigeria to its peers in the region. This will show Nigeria as the destination for real estate investment by North American investors.”