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FG opens portal for sale of 5,000 housing units

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Minister of Works and Housing, Mr. Babatunde Fashola

Over 5,000 houses are up for sale across 34 states of the federation built by the Federal Government, Minister of Works and Housing, Mr. Babatunde Fashola, has said.
He said Nigerians could now apply for the houses built under the current Federal Government’s National Housing Programme (NHP) after the launch of the portal on Friday.
He spoke at the formal launch of the portal, https:// nhp.worksandhousing.gov.ng.
According to him, the available 5,000 plus housing units range from 1, 2 to 3 bedroom bungalows and blocks of flats in any location of their choice.
The ceremony was attended by prominent stakeholders and media executives including the President, Nigeria Guild of Editors, Mr. Mustapha Isah. Fashola said the decision by the ministry to sell the available houses online was to bring credibility to the exercise and reduce human intervention as well as give all categories of buyers a level playing field.
The minister said, “We converge here just to introduce a portal on which the National Housing Programme pilot will be offered for sale to the public. What that means is that we will not be selling printed forms, the forms are online and this allows for more openness, limits human intervention and any disposition to any underhand practice”.

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Clarifying that the decision to adopt online sale of forms and limit human intervention was not an indictment of the staff, he added, “It is just to make the system more accountable and people seeing credibility if they win and if they are not successful they will equally know that the system has at least given them a fair chance”.
Fashola, who described the launch of the portal as “the end game of our economic objective”, explained that the government did not just set out to build houses, adding that the project has served many purposes, the first of which was to test what sort of houses Nigerians would like to live in so as to make policies to guide its agencies and parastatals, as well as other stakeholders, to build what could be acceptable in the markets.
“We are the policy head of those parastatals like the Federal Housing Authority (FHA), the Federal Mortgage Bank of Nigeria (FMBN) and so on. We are saying that the National Housing Programme had not succeeded in the past and some of the houses built then still remain empty. So we conducted a national survey across the zones just to find out what is acceptable”, the Minister said.
The findings, he said, were that while in the Northern part of the country there was preference for bungalow and large expanse of land which encouraged building horizontally, in the Southern part, there seemed to be acceptance for blocks of flats and lack of space which made building vertically necessary.
Emphasizing that the current National Housing Programme is a pilot or demonstration scheme meant, among others, to galvanize private sector participation, Fashola explained further, “We applied for land from the states and we set out to do a demonstration or a pilot programme because we then wanted to validate what we saw and build a pilot scheme”.
“So as at today we have built 5,000 plus units in different stages of completion. We have done in Phase 1 and we have done in Phase 2 and some have started in Phase 3”, the Minister reiterated adding that the other purpose the scheme has served was to fulfil part of the objectives of the administration’s Economic Recovery and Growth Plan (ERGP).
He added, “It was also a way to implement our Economic Recovery and Growth Plan (ERGP) because as at the time we conceived this programme, the country was in recession”, expressing delight that it has fulfilled that objective because over 1,000 contractors were engaged on the building sites; “businesses owned by Nigerians and Nigerian contractors”.
Pointing out that no foreign contractor was engaged in the project, Fashola added that it was not only an opportunity for nation building but an opportunity for the contractors to sustain their staff.
In his goodwill message after the launch, President of the Nigerian Guild of Editors (NGE), Mr. Mustapha Isah, commended the Federal Government for its commitment to housing delivery. He also commended the Minister for the innovations he has brought to bear at the national level, which, according to him, was a replication of his development initiatives as Governor in Lagos State.
Permanent Secretary, Mr. Babangida Hussaini commended President Buhari and the Minister for their commitment to programmes and projects that promote prosperity for the citizens and grow the nation’s economy.
Aside from the NGE president, other media personalities present are the Special Assistant, Digital/New Media to President Muhammadu Buhari, Mr. Tolu Ogunlesi, the Secretary General of the NGE and Editor, Nation’s Capital, THISDAY Newspaper Group, Mr. Iyobosa Uwugiaren,

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JUST IN: Air Peace Suspends Flights To South Africa Over Aviation Fuel, Visa Delay

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Air Peace

Citing the increasing cost of aviation fuel and scarcity as well as the delay in the issuance of visa to intending passengers, Air Peace has suspended its flights to South Africa.

The suspension, which takes effects from August 22, is for a period of 60 days, the Airline said in a notice.

Daily Trust reports that domestic airlines had been forced to adjust their schedules over the recurring scarcity of Jet fuel as well as the skyrocketing price of the product.

But added to this, according to Air Peace, was delay by the South African authorities to issue visa to prospective passengers which was said to be affecting the load factor on Air Peace’s flight to Johannesburg.

Air Peace in the notice expressed optimism that the issues which warranted the suspension would have been addressed before October.

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It said, “We hereby inform the flying public that effective from August 22, 2022, our Johannesburg flight operations will be suspended till October 8, 2022.

“This development is regretted but has become inevitable due to the delayed issuance of South African visas to travellers, worsening forex crunch and the increasing cost of aviation fuel as well as its scarcity.

“However, having informed the South African High Commission in Lagos of the effects of the difficulty in getting SA visas by Nigerians, which consequence is the abysmally low passenger loads on our flights to and from Johannesburg, we believe that the situation will have improved within the next 60 days. Hence, our willingness to resume operations on the October 8, 2022.

“Passengers whose flights are affected have the option of rescheduling to fly before August 22, 2022 or from October 9, 2022. Passengers can also request a refund…

“We apologise for the inconveniences caused and will keep the public updated while we hope the situation improves.”

Daily Trust

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Davido, Tuface, Ned Nwoko, others on alert as Ferrari recalls nearly every car

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Super-rich Nigerians and celebrities who drive Ferrari will have to surrender their Italian luxury sports car to the manufacturer to fix a major problem.

Ferrari has discovered a big stopping problem, with 19 of its models dating back to 2005 reportedly at risk of a potential brake failure, according to the National Highway Traffic Safety Administration (NHTSA).

Some of those known to have the super luxury car in Nigeria are singer Davido; former Arsenal and Super Eagles sensational striker Kanu Nwankwo; rapper and billionaire daughter DJ Cuppy; Ned Nwoko with his Nollywood wife, Reginal Daniels, and another famous ex-Super Eagles player Obafemi Martins.

MotorTrend, an online auto journal, on Monday reported the NHTSA filing as indicating that the issue had to do with the brake fluid reservoir cap which “may not vent properly, creating a vacuum inside the brake fluid reservoir, and resulting in a brake fluid leak that may lead to a partial or total loss of brake function.”

According to the NHTSA recall report, a whopping 23,555 Ferraris are implicated and will need to be serviced.

Owners are expected to receive messages from Ferrari with instructions for proactive repairs before September 24, 2022.

Considering the average price of a Ferrari is at least hundreds of thousand dollars, some quick math proves billions of dollars worth of Ferraris are potentially defective.

The report said Ferrari would replace the brake fluid reservoir cap and update the software in the affected vehicles to provide for a different warning message if the vehicle should lose sufficient brake fluid.

In the meantime, if your Ferrari flashes a “low Brake Fluid” warning, NHTSA directs you to pull off of the road as soon as it is safe to do so and have the car immediately towed to a Ferrari service centre.

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Buhari overrules NNPC, approves Seplat’s acquisition of ExxonMobil’s $1.3bn assets

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President Muhammadu Buhari has approved acquisition of ExxonMobil shares in the United States by Seplat Energy Offshore Limited.

Special Adviser to the President on Media and Publicity, Femi Adesina, in a statement on Monday said his Buhari granted the approved as Minister of Petroleum Resources, and in consonance with the country’s drive for Foreign Direct Investment in the energy sector.

He said Exxon Mobil had entered into a landmark Sale and Purchase Agreement with Seplat Energy to acquire the entire share capital of Mobil Producing Nigeria Unlimited from Exxon Mobil Corporation, Mobil Development Nigeria Inc, and Mobil Exploration Nigeria Inc, both registered in Delaware, USA.

There had been opposition from the NNPC Ltd, and the Akwa Ibom State Government which hosts most of the assets earlier on the transaction but the ministerial approval puts this to rest.

Adesina added that the President had given ministerial consent to the deal, considering the extensive benefits of the transaction to the Nigerian Energy sector and the larger economy.

He said the President, in commitment to investment drive in light of the Petroleum Industry Act, granted consent to the Share Sales Agreement, as requested by the parties to the transaction, and directed that the approval be conveyed to all the parties involved.

The presidential spokesman said Exxon Mobil/Seplat would carry out operatorship of all the oil mining licenses in the related shallow water assets towards production optimization to support Nigeria’s OPEC quota in the short term as well as ensure accelerated development and monetization of the gas resources in the assets for the Nigerian economy.

Adesina said President Buhari also directed that all environmental and abandonment liabilities be adequately mitigated by Exxon Mobil and Seplat.

The deal worth about $1.3bn will take a 40 per cent stake in four OMLs, including over 90 shallow-water and onshore platforms and 300 producing wells.

 

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