Category: Property

  • FHA, firm target 10,000 housing units by 2027

    FHA, firm target 10,000 housing units by 2027

    Federal Housing Authority (FHA) in partnership with BAM Projects and Properties Limited, yesterday pledged to deliver 10,000 housing units nationwide by 2027 in line with President Bola Tinubu’s affordable housing policy.

    Managing Director, Federal Housing Authority Mortgage Bank, Dr. Hayatudeen Atiku Anwwal disclosed this when he inaugurated a new eco-friendly residential estate in Abuja.

    He reiterated FHA’s commitment to bridging Nigeria’s housing deficit through sustainable and affordable home development.

    Speaking at the commissioning ceremony, Managing Director, BAM Projects and Properties, Mansur Mohammed, described the estate as “a testament to trust, collaboration and vision,” stressing that the project demonstrated BAM’s capability to deliver quality housing within agreed timelines.

    According to him the estate, developed in partnership with the FHA and FHA Mortgage Bank, showcases the private sector’s capacity to complement government efforts in providing affordable housing to Nigerians.

    “This estate is not just about buildings; it’s about community, sustainability, and long-term impact,” he said.

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    He explained that beyond the housing units, BAM also built a police station and provided sanitary facilities as part of its corporate social responsibility to ensure security and hygiene within the Lugbe district where the estate is located.

    “We don’t just build properties, we build communities,” Mohammed added.

    He further noted that BAM’s environmental consciousness was reflected in the estate’s greenery and eco-friendly design, adding that the firm is working on a 45-hectare mass housing project in Karasana and other upcoming commercial and recreational developments.

    Reaffirming FHA’s commitment to deeper collaboration with private developers, Anwal set an ambitious target of 10,000 new housing units before 2027 nationwide, noting that the goal aligns with President Bola Tinubu’s drive for a $1 trillion economy.

    “Nigeria has an estimated housing deficit of 18 million units, meaning the demand is there. With the right partnerships and funding, we can achieve this target,” he stated.

    He highlighted new government-backed financing opportunities through the Ministry of Finance Incorporated (MOFI) and the National Housing Fund (NHF), allowing citizens to access housing loans of up to ₦100 million at single-digit interest rates for tenors of up to 20 years.

    He commended BAM for delivering a high-quality project despite challenges during execution.

    He recalled that the partnership between FHA and BAM began about seven years ago and had already yielded results, including over 200 completed homes in the Karasana Estate.

    “The entire land here is three hectares. One and a half hectares were allocated to BAM for Phase 1, and another 1.5 hectares will form Phase 2. We are proud of what BAM has achieved,” he said.

    Anwal explained that the estate’s design, consisting of spacious three-bedroom terrace duplexes, meets the highest engineering and environmental standards, with conduit stormwater drainage, electricity and water systems.

    He lauded BAM’s handling of market relocation and land encumbrance issues without conflict, describing the firm as a “dependable partner” committed to community-friendly development.

  • Firm to hand over keys to new homeowners at Lagos apartments

    Firm to hand over keys to new homeowners at Lagos apartments

    Lifecard Group, the parent company of Lagos-based real estate development firm, Lifecard International Limited, has reaffirmed its commitment to making homeownership a reality for aspiring buyers.

    In a statement signed by the company’s media consultant, Dr. Princes Oghene, on Wednesday, the firm announced that it would officially hand over keys to a new set of homeowners at its Prime Stay Apartments on Thursday, October 30, 2025.

    According to the statement, the highly anticipated Allocation and Key Handover Ceremony will take place at Prime Estate, Sangotedo, Ajah, Lagos.

    The event, it noted, will mark another major milestone in Lifecard Group’s mission to empower individuals and families to own quality homes that blend comfort, class, and convenience.

    Mrs. Grace Ibhakhomu, Chief Executive Officer and Managing Director of Lifecard Group, expressed excitement over the achievement, describing the Prime Stay Apartments as a testament to the company’s dedication to excellence in real estate development.

    “At Lifecard, we are passionate about transforming dreams into addresses. The Prime Stay Apartments are more than just homes; they symbolise trust, innovation, and our promise to deliver value to our clients,” she said.

    Ibhakhomu added that the ceremony will feature the official handover of property documents and keys to new homeowners, guided tours of the estate, and networking sessions with real estate professionals, investors, and stakeholders.

    She emphasised that the event represents not only a corporate achievement but also the beginning of new chapters for many families realizing their dream of homeownership.

    “To our new homeowners, your dream has become an address. To our investors, your commitment has transformed into tangible value and generational impact,” she said.

    Ibhakhomu also noted that the Prime Stay Project began as a vision to create purpose-built homes and accessible investment opportunities that offer real, lasting value. 

    The chairman said that despite challenges during the development phase, Adebola credited clients’ trust and patience for making the project a success.

     she emphasized the company’s commitment to transparency, excellence, and the goal of making world-class real estate attainable for everyday people.

    “We remain dedicated to building purpose and prosperity for families and communities across Africa,” she added.

    “With the successful delivery of Prime Stay Apartments, Lifecard Group continues to strengthen its reputation as one of Nigeria’s most reliable real estate brands; providing modern, secure, and affordable housing solutions for a broad range of clients. 

    The development underscores the company’s vision to create sustainable communities and bridge Nigeria’s housing gap.

    “So, this property, they bought it off-plan and you know what happened to Dollar and Naira.

    “With all the challenges, I didn’t respond, now that the house is ready, I want to respond. If not, I won’t even call media, I won’t do anything, I’ll just give people their keys and go.

     “I want to respond to her, you know. No developer will go through this challenge I went through that they will even have a house. No developer in Lagos will go through this challenge and they will be able to produce the house.

    “One, challenges of repurchase of this land, two, challenge of the access road, government was doing road and for more than one year, we are not allowed to enter this site.

    “Three, they bought these houses for over N20million when cement was N2,000. Today, cement is now sold at N10,000.

    “Then number four, we are no longer offering off-plan in Nigeria again because we don’t want our name to be tainted. 

    “So, we have decided to finish and give it to people at a premium. So, what we are using this one to do was to give people affordability.

    “We don’t want to do affordability again. So, we are publicly announcing that anything off-plan in Nigeria from Lifecard, beware, we don’t offer it again. So, we will need to use this publicity to the Lifecard’s favour.”

  • Geographical indications: The untapped goldmine in Nigeria’s intellectual property landscape

    Geographical indications: The untapped goldmine in Nigeria’s intellectual property landscape

    • By SOMADINA EUGENE OKORIE ESQ.

    For centuries, civilizations have consistently associated certain products with their places of origin. For instance, wines from Bordeaux, silks from Suzhou, olive oil from Tuscany and numerous similar examples.

    The ancient Greeks and Romans in their wisdom, knew that the quality of a product(s) was shaped by the land it came from, and today, that timeless truth is enshrined in modern Intellectual Property law through what we now call Geographical Indications (GIs).

    According to the World Intellectual Property Organization (WIPO), a GI is a sign used on products that originate from a specific place and possess specific qualities, reputation, or characteristics essentially attributable to that origin. GIs protect the reputation of producers, preserve traditional knowledge, and create commercial value by linking authenticity with geography.

    For Nigeria, a country of extraordinary natural resources, agricultural diversity, and cultural craftsmanship, the absence of a clear legal framework for GIs represents a vast, unmined economic opportunity.

    The Global Legal Framework

    Geographical Indications are protected under several international agreements, two of which Nigeria is a party. Key among them are:

    The Paris Convention (1883 – Nigeria is signatory) which is the first to recognize indications of source as part of industrial property.

    The Madrid Agreement (1891) and its Protocol (1989), extending protection against false or deceptive indications of origin.

    The Lisbon Agreement (1958) and Geneva Act (2015), creating an international system for registering and protecting appellations of origin.

    The TRIPS Agreement (1994 – Nigeria is signatory) administered by the World Trade Organization, which mandates GI protection and provides special safeguards for wines and spirits.

    These instruments recognize that GIs are not merely marketing labels but legal rights tied to geography and reputation. They protect communities against misappropriation and ensure that the benefits of authenticity flow to the people and regions that created it.

    Nigeria’s Legal Reality

    Nigeria currently lacks a dedicated or sui generis Geographical Indications law. However, Section 43 of the Trademarks Act allows the registration of certification marks, which can indirectly serve GI-like functions by certifying the geographical origin or quality of goods.

    This partial protection has enabled certain products, like Ofada rice, Ijebu garri, and Aso-Oke fabrics to gain regional distinction. Yet, without a specific GI regime, Nigeria cannot fully claim or enforce ownership over its indigenous brands internationally. Certification marks protect a product’s reputation but not the deep territorial and traditional link between place, people, and product, which is the very essence of GIs.

    As WIPO’s 2019 Module on Geographical Indications notes, “the essential link between the product’s quality and its geographical environment is what distinguishes GIs from other forms of Intellectual Property protection.” That link remains legally invisible in Nigeria today.

    Forcados Crude: A Case for Industrial GIs

    Consider Forcados crude oil, produced in the Burutu area of Delta State. This light, sweet crude with a specific gravity of approximately 31.5° API and sulfur content of 0.22%, is prized globally for its high yield of valuable distillates like gasoil. Its composition is uniquely tied to the geology of the Niger Delta.

    For example, in 2025, Forcados crude oil became the major driver of Nigeria’s total crude output. Yet, despite its distinctive geographical characteristics, it enjoys no clear GI protection or framework. The danger in such development is that international traders can blend or rebrand similar crude oils under the same name, eroding both value and origin identity.

    If registered and protected as a Geographical Indication, Forcados crude could become Nigeria’s first industrial GI, demonstrating that GI protection laws apply not only to agricultural or artisanal goods but also to extractive resources with specific origin-based qualities. This approach could redefine Nigeria’s IP economy and strengthen its export credibility.

    Why Geographical Indications Matter

    Across the world, GIs have become powerful tools for economic development and cultural preservation.

    India’s Darjeeling tea and Basmati rice have achieved global dominance through GI protection.

    Ethiopia’s Sidamo and Yirgacheffe coffees generate premium prices for local farmers after reclaiming ownership from foreign brands.

    South Africa’s Rooibos tea now commands a thriving export market thanks to GI certification.

    The premium value attached to Swiss wristwatches perfectly illustrates the advantage of Geographical Indication protection. Because the use of the “Swiss Made” label is strictly regulated by law, only watches that meet specific standards of origin and quality can bear it, ensuring authenticity, maintaining consumer trust, and preserving the brand’s global reputation.

    The lesson herein is clear: when a product’s reputation is tied to its origin and legally protected, value remains within the community. Producers gain bargaining power, consumers enjoy authenticity, and the state benefits from increased exports and tax revenue.

    Nigeria, with its wealth of regional products such as Benue yam, Nsukka yellow pepper, Bida brass works, Kano leather, Aba shoes, Afikpo masks, and Forcados crude, has the raw material for a thriving GI ecosystem.

    China’s Cultural Ambition and Africa’s Ownership Challenge

    China’s recent announcement to establish its first national museum dedicated to African history and culture highlights a different but related challenge, which is cultural ownership. While this initiative may not breach GI law (since GIs protect goods, not institutions), it raises a vital question: who owns Africa’s identity and how is it represented globally?

    If African artifacts, textiles, or symbols are curated and commercialized abroad without corresponding legal or economic returns to their countries of origin, it mirrors the same vulnerabilities seen in Nigeria’s unprotected GIs heritage without ownership and identity without income.

    For Nigeria, the message is clear: just as our cultural heritage must be protected from misrepresentation, our geographical heritage, from oil to fabric to food and numerous others must be secured under the rule of law.

    The Economic Roadmap Forward

    To unlock the value of GIs, Nigeria should take the following steps:

    1.     Enact a Geographical Indications Act, a standalone law that defines, registers, and enforces GIs in line with WIPO and TRIPS standards.

    2.     Establish a GI Registry, preferably housed under the Trademarks, Patents, and Designs Registry to document and certify qualifying products.

    3.     Empower Producers’ Associations: Cooperatives should manage production standards, traceability, and quality control for GI-certified goods.

    4.     Launch Public Awareness Campaigns to educate farmers, artisans, and exporters on the financial benefits of GI protection.

    5.     Engage International Partners: Nigeria can collaborate with WIPO, the African Regional Intellectual Property Organization (ARIPO), and the African Union’s IP Office to secure reciprocal protection abroad.

    These steps will not only elevate Nigeria’s reputation in international trade but also localize prosperity, ensuring that communities reap the rewards of their geographical uniqueness.

    Conclusion: Law as a Catalyst for Prosperity

    Geographical Indications are not mere technicalities of IP law; they are instruments of economic sovereignty. They transform culture into capital, identity into export power, and local heritage into global competitiveness.

    Nigerian artisans, farmers, and innovators have long created products of global value. What remains missing is the legal machinery to capture that value. A dedicated GI framework could redefine Nigeria’s export economy, hence, ensuring that Forcados crude, Ofada rice, Aso-Oke and others command the recognition and premium they deserve.

    “Now, imagine if the phrase ‘Made in Nigeria’ were not just a slogan, but a legally recognized mark of origin, a protected Geographical Indication reserved solely for products certified by competent regulatory agencies. Such a framework would transform perception into policy, instilling confidence in international consumers while empowering local producers to reap the full economic value of their innovation, craftsmanship, and authenticity. It would be more than branding; it would be a national economic strategy.”

    Consequently, to fully unlock the benefits of Geographical Indication (GI) certification, Nigeria’s regulatory bodies, especially the Standards Organization of Nigeria and related agencies must take a cue from Switzerland and urgently step up their efforts. They need to enforce strict quality control not only on imported  products, but on those originating from Nigeria before they are exported; ensuring that consumers everywhere can trust in the authenticity and premium quality of goods and services that bear the Nigerian name.

    In a world increasingly defined by intellectual property, protecting the geography of our genius and effective quality control regulations may well be the next frontier of Nigeria’s economic independence.

    About the Author

    SOMADINA EUGENE OKORIE ESQ. is an advocate, Intellectual Property/Business Solicitor and researcher based in Lagos. His work explores how legal innovation can drive inclusive economic growth and cultural preservation in Africa.

  • Fed Govt adopts uniform prices for housing units

    Fed Govt adopts uniform prices for housing units

    The Federal Government has announced a uniform price for all the houses under the Renewed Housing Programme.

    The government yesterday stated that the prices across the country now stand at N8.5 million for a one-bedroom semi-detached bungalow, N11.5 million for a two-bedroom semi-detached bungalow and N12.5 million for a three-bedroom semi-detached bungalow.

    The adoption of uniform selling prices aimed at promoting affordability, transparency, and fairness.  

    Also, it will ensure that Nigerians across all regions have equal opportunities to benefit from the Renewed Hope Housing Programme.

    Minister of Housing and Urban Development, Ahmed Dangiwa, said that priority in the allocation of the housing units will be given to low- and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.

    The Ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence and encouraged the public to be part of it.

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    On payment options, the Permanent Secretary, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and instalment payment plans.  This according to him is to enhance affordability and ensure fairness for qualified Nigerians

    Renewed Hope housing projects is a Federal Government housing initiative under President Bola Tinubu to provide affordable housing across the country. The programme includes large-scale “Renewed Hope Cities” in each geopolitical zone and “Renewed Hope Estates” in 30 states, with a total target of 34,500 units across the nation. Financing options like mortgages, rent-to-own, and public rental are available, and a new online portal has been launched to facilitate the process.

    The nation’s current housing gap is estimated at 28 million units, with some experts suggesting the number could be as high as 50 million. This deficit is driven by factors like rapid urbanisation, a lack of affordable mortgage options, and high construction costs, making homeownership unattainable for many citizens.

    Considering the gaps in the sector the Federal Ministry of Housing and Urban Development approved and announced uniform sale prices for housing units under its Renewed Hope Estate Programme across all states of the federation.

  • 84-year-old Pastor alleges forceful eviction from Abuja property

    84-year-old Pastor alleges forceful eviction from Abuja property

    An 84-year old Pastor, Mrs Esther Jesulanke has cried out over what she termed undue victimisation and forceful eviction from a property she bought in Abuja in 2009 for N50 million.

    Jesulanke, who addressed journalists in Lagos recently, gave a pathetic account  of how she was ejected from the house with all her belongings thrown out.

    The property is a Terrace Duplex Situated at Block D 16a, Falt Zone D (1st Gate) 20, Moses Adasu Close, NASS Quarters, Gudu, Apo, Abuja according to documents made available to reporters at the press conference.

    She said she bought the property from Hon Mohammed Jega, a lawmaker, who is a director of Taulahi Investment Nig. Ltd.

    A few years after she moved into the house, she started getting harassment from people who claimed they were from Senator Osita Izunaso who is representing Orlu West senatorial zone of Imo State

    “They came to the house forcefully and wanted me to leave the place. At a time they were even coming to stay in the compound overnight. The threat was so much. But I refused to let go of the property.’  she said.

    But on one occasion in 2015 when she had to travel out of Abuja to attend a programme some hoodlums allegedly representing Senator  Izunaso from what she gathered moved into the house forcefully, removed her things and prevented her from gaining access to the house. 

    Till date, she said she does not know what happened to her belongings, alleging that the Senator later came to remove the roof of the house and renovated the house while also renting it out.

    Jesulanke said she had made every effort including taking legal steps to no avail to secure her property. 

    She called on authorities in the Federal Capital Territory to help prevail on senator Izunaso.to allow her access to her property.

    In an interview, Hon Jega confirmed selling the house to Jesulanke. He said he was not aware that the property had issues when he bought it from the original owner, Mrs Grace Inyang , who was then a Chief Magistrate in Abuja.

    He said: “I  bought the property from Mrs Inyang who was a Chief Magistrate in Abuja and I was not aware that Senator Izunaso had anything to do with it. I sold the property to Mrs Esther Jesulanke..The property has a Certificate of Occupancy which is with Mrs Jesulanke.’

    Jega expressed worry why the 84-year old Pastor would be denied her property which she bought legitimately from him stating that all the title documents of the house are with her.

    But the owner of the house, Mrs Grace Iyang, who is late, in a document made available to.jouralists at the press conference claimed she did not sell her house to Senator Izunaso because she needed more money to pay a mortgage she got from Aso Savings and Loans so she could collect the title documents from the bank and also buy another property in her country home.

    In the document she accused her lawyer of complicity in the matter noting that it was her lawyer who brought Izunaso and the N5 million he paid had been refunded.

    A copy of the  petition written by Mrs Iyang to the Nigeria Bar Association before her demise indicted , one Barrister Victor Okangbe for “gross negligence, breach of trust and protessional.miscondict”

    Senator Izunaso in an interview  denied having anything to do with Mrs Jesulanke.. “I don’t know her. I did not even know she was living in the building before she was evicted.

    “The person who bought the property from Grace Inyang was Hon Jega.. He was the one living in the house before she sold it to Mrs Jesulanke. I did not even know it was sold to Jesulanke until the case was taken to court 

    Izunaso.saod,: “I don’t know her. I made a down payment for the property  to Mrs Grace Inyang who now resold it Hon Jega. Technically I don’t have any dealing with Jesulanke. It was when Hon Jega got to know the property was under litigation that he sold it to Mrs Jesulanke. 

    “The old woman should be dealing with Hon Jega not me. I got a court judgement that says the property rightly belongs to me and it was the court bailiffs that removed her property from the building not me.’

    While agreeing that he only made a part payment for the property, he said he had already started the transaction before Mrs Inyang sold it to Hon Jega.

     “It is true I made a part payment of N5 million with which Inyang used to collect the documents of the house from the bank she was owing. It was after she had collected the papers that she reneged on our earlier agreement about the cost of the house.

    “She wanted more money but I insisted she had to stay with the earlier agreement. She then went ahead and sold the house to Hon Jega.’

    Osinazo said it was Inyang’s lawyer that encouraged him to go to court over the matter because she breached a sales agreement .

    He explained further that after he got a court judgment in his favour he paid the balance of N30 million for the house but Mrs Inyang refused to collect the money perhaps because the house had been sold to another person. The cheque was deposited with the court.

    He stressed that the person Mrs Jesulanke should be dealing with should be Hon Jega who sold the house to her.

    Izunaso, who felt unhappy with the development  said Mrs Jesulanke once reported him to the former Vice President Yemi Osinbajo. 

    “There is nowhere the woman has not taken this case to. She once reported the case to former VP Osinbajo.i think she went to the same church with him and there mentioned that I had deprived her of her property. 

    “Osinbajo invited me over the matter and.we discussed. I told him I had no dealing with the woman. It was Inyang who sold the property to me and later sold it to Hon.Jega who sold it to Mrs Jesulanke. When I got a court judgement in my favour the bailiffs took over the property.’

    He said the then VP, being a lawyer, refused to give further attention to the matter because according to him it was clear he had no dealing with Mrs Jesulanke.

    He said the matter had also come up on Berekete, the social media Ombudsman platform and everybody saw that the person Mrs Jesulanke should be dealing with should be Hon Jega who sold the property to her.

    He explained further that there were attempts to settle the matter rather than making it a court case. 

    “The commissioner for police in Abuja once tried to settle the matter. I was asked to make an additional payment of N10millon to the N30 million cheque I dropped at the court so the money could be paid to Mrs Jesulanke to compensate her. We agreed to that. But she came later and said she was not going to concede to that arrangement that she wanted the house.”

  • Tinubu’s Renew Hope Housing Project to deliver 38,400 bed spaces

    Tinubu’s Renew Hope Housing Project to deliver 38,400 bed spaces

    The Renewed Hope Student Housing Project, an initiative of Bola Ahmed Tinubu administration is set to deliver over 38, 400 world class student hostel bed spaces in 24 locations, including 12 universities, six polytechnics and six colleges of education before the end of next year.

    The project, a Public, Private Partnership initiative of Tinubu is intended to improve the living standards and revitalize infrastructure across tertiary institutions in the country.

    According to a statement by the promoters of the project, the Renewed Hope Student Hostel Project in each of the 24 locations will boast 1,600 bed spaces, 400 ensuite rooms with study table and chairs, four reading rooms, common room, cafeteria & restaurants, laundromat, grocery shops, salons as well as public toilets.

    READ ALSO: Military debunks report of alleged coup to overthrow Tinubu

    Put together by Family Homes Funds Limited (FHFL), in partnership with the Federal Government of Nigeria, the Tertiary Education Trust Fund (TETFund) and Africa Plus Partners Nigeria Limited, it is set to deliver on Mr. President’s promise to transform student accommodation nationwide.

    Currently, the project has commenced in a total of six locations across the country with distribution of three locations in Northern Nigeria – Ahmadu Bello University Zaria, Federal Polytechnic Bauchi and FCT College of Education, Zuba.

  • Transcorp Hotels Plc secures triple honours at seven star luxury awards

    Transcorp Hotels Plc secures triple honours at seven star luxury awards

    Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has reinforced its leadership in African luxury hospitality with triple win at the globally renowned Seven Star Luxury Awards.

    At the grand celebration of luxury recently in Tróia, Portugal, over the weekend, Transcorp Hotels earned three distinguished awards.

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    The awards include: Best Luxury Business Hotel (Nigeria & Africa); Best Luxury Event and Conference Centre (Nigeria & Africa)  The Transcorp Centre  and l  Best CEO of the Year – Uzoamaka Oshogwe, Managing Director/Chief Executive Officer, for transformative leadership and visionary growth strategy

    The Awards, which set the standard for excellence in the industry, are consistent with Transcorp Hotels Plc’s capacity to deliver premium, end-to-end hospitality experiences for business, diplomatic, and lifestyle clientele across the continent.

    MD/CEO of Trans corps Hotels Plc Uzoamaka Oshogwe,, said: “These awards are more than symbols of success; they represent a shared commitment to redefining African hospitality. At Transcorp Hotels, we continue to push boundaries, invest in innovation, and position Nigeria as a global destination for world-class business and leisure experiences.”

    The awards celebrate the pinnacle of achievement in the global luxury and lifestyle industries, honouring brands that exemplify excellence, innovation and sustained impact.

  • LBRBDA, Amisec partner to establish ₦5bn “AgroCity Doma” in Nasarawa

    LBRBDA, Amisec partner to establish ₦5bn “AgroCity Doma” in Nasarawa

    In a major stride toward agricultural industrialisation, the Lower Benue River Basin Development Authority (LBRBDA) and Amisec Industrial Company Limited have signed a Public–Private Partnership (PPP) agreement to develop AgroCity Doma, a ₦5 billion Phase One project that will transform the Doma Dam Irrigation Area in Nasarawa State into a climate-smart agro-industrial hub dedicated to organic sesame production, processing, and export.

    Under the terms of the partnership, LBRBDA will provide 1,000 hectares of irrigable land along with access to water from the Doma Dam, while Amisec will lead the investment, infrastructure development, cultivation, and project management.

    The initiative is positioned as a flagship model for sustainable land utilisation and value-added agriculture under Nigeria’s River Basin Development framework.

    The AgroCity Doma project will comprise a mechanised nucleus farm over 1,000 hectares; Solar-powered irrigation systems for sustainable water use; a 10 MT/hour sesame processing plant for value addition; Agroforestry buffers and essential rural infrastructure, and an outgrower programme engaging over 1,000 local farmers.

    READ ALSO: Amupitan: From academia to umpire

    Once operational, the project is projected to generate annual revenues of up to $7 million (≈ ₦10.8 billion) from organic sesame sales, creating over 500 direct and 2,000 indirect jobs across the value chain.

    The Hybrid Implementation Plan allows farming activities to commence in the next rainy season, even as construction of infrastructure and processing facilities continues. Full processing and export operations are expected to begin by Q1 2027.

    Speaking at the signing ceremony, Managing Director of LBRBDA, Engr. Tersee Ninga emphasised that the collaboration reflects the Federal Government’s commitment to the productive use of irrigation assets in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda.

    “This partnership demonstrates the Federal Government’s commitment to productive use of our irrigation assets. AgroCity Doma reflects how strategic PPPs can expand food production, create jobs, and boost agro-industrial growth”.

    On his part,  Chief Executive Officer of Amisec Industrial Company Ltd, Abdulmuttalib Mohammad, said the company is investing ₦5 billion in the project’s first phase, aiming to build a fully integrated organic sesame value chain capable of producing traceable, export-grade products.

    “Our goal is to create a sustainable sesame ecosystem that benefits local farmers and communities while positioning Nigeria as a key player in the global organic sesame market, which is valued at over $4 billion”.

  • Tinubu’s Renewed Hope Housing project to deliver 38,400 bed spaces 

    Tinubu’s Renewed Hope Housing project to deliver 38,400 bed spaces 

    The Renewed Hope Student Housing Project, a flagship initiative of President Bola Ahmed Tinubu’s administration, is set to deliver over 38,400 world-class student hostel bed spaces across 24 tertiary institutions before the end of next year.

    The project — a Public-Private Partnership (PPP) spearheaded by the Federal Government in collaboration with Family Homes Funds Limited (FHFL), the Tertiary Education Trust Fund (TETFund), and Africa Plus Partners Nigeria Limited — aims to improve students’ living standards and revitalize infrastructure across universities, polytechnics, and colleges of education nationwide.

    According to the project promoters, each Renewed Hope Student Hostel will feature 1,600 bed spaces, comprising 400 ensuite rooms equipped with study tables and chairs, four reading rooms, a common room, cafeteria and restaurants, laundromat, grocery shops, salons, and public toilets.

    Construction has commenced in six institutions across the country. In the North, the project is ongoing at Ahmadu Bello University, Zaria; Federal Polytechnic, Bauchi; and FCT College of Education, Zuba. In the South, work is progressing at Sikiru Adetona College of Education, Science and Technology, Ogun; Akwa Ibom State University; and College of Education, Warri.

    READ ALSO; Prof. Amupitan: 10 quick facts about new INEC chairman

    The hostels at Akwa Ibom State University and College of Education, Warri are nearing completion and are expected to be commissioned soon. Each 1,600-bed facility, built to international standards, will provide safe, affordable, and modern living spaces designed to support academic excellence.

    FHFL Managing Director, Mr. Abdul Mutallab Mukhtar, described the upcoming commissioning as a “landmark achievement” for Nigeria’s higher education system.

    “By providing modern, safe, and affordable hostels, we are ensuring that students have the right environment to live and learn while reducing the stress and risks associated with inadequate accommodation,” he said.

    Beyond the six active sites, construction is set to begin in eight more institutions across all six geopolitical zones, moving the programme closer to its goal of ensuring decent accommodation for every student in public tertiary institutions.

    With Nigeria’s public tertiary student population exceeding 2.1 million — and fewer than 15 percent currently having access to on-campus housing — the Renewed Hope Student Housing Programme stands out as a transformative, job-creating, and investment-attracting intervention designed to boost academic performance and economic growth nationwide.

    “As commissioning in Warri and Akwa Ibom approaches and progress continues nationwide, the Renewed Hope Student Housing Programme is steadily reshaping the face of campus life in Nigeria. Family Homes Funds remains committed to delivering safe and affordable hostels across the six geopolitical zones, ensuring that more students can look forward to studying and living in an environment that supports their growth and success.”

    He further said, “Those nearing commissioning by December 2025 include : College of Education , Warri , Akwa Ibom State University. Under construction, with commissioning set for September 2026 are: Federal Polytechnic Bauchi, Sikiru Adetona College of Education Science &Technology, Fct College of Education , Zuba and Ahmadu Bello University, Zaria.

    “The next phase, which starts October 2025 with October 2026 as set date for commissioning include: Federal Polytechnic Nekede, Ebonyi State University, Enugu State University of Science and Technology, Hassan Usman Katsina Polytechnic, Federal University , Lafia, Benue State University , Makurdi, Abubakar Tafawa Balewa University and Gombe State University.”

  • WINHOMES diaspora investors clarify position on Lagos–Calabar coastal highway

    WINHOMES diaspora investors clarify position on Lagos–Calabar coastal highway

    Diaspora investors in WINHOMES Estate have responded to recent comments regarding the Lagos–Calabar Coastal Highway project, reaffirming their commitment to due process and the rule of law.

    In a statement issued by Stella Okengwu, CEO of WINHOMES Global Services Ltd., the investors noted that the extent of land affected by demolition and the status of the ongoing court case remain matters before the Federal High Court in Ikoyi, Lagos (Suit No. FHC/L/CS/1063/25), presided over by Justice Akintayo Aluko.

    They stressed that no judgment has yet been delivered, and that the legal process must be allowed to run its full course.

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    The group highlighted that WINHOMES represents over $250 million in diaspora investment and that many families and professionals are stakeholders in the estate.

    They reiterated that the protection of investor confidence requires adherence to constitutional provisions, judicial independence, and transparent governance practices.

    WINHOMES also announced plans to convene a World Press Conference where documentary evidence, expert input, and stakeholder perspectives will be presented to Nigerians and the international community.

    According to the statement, the investors remain committed to lawful engagement and will continue to pursue justice through the courts, insisting that issues concerning property rights, due process, and fair treatment of investors must be addressed with integrity and transparency.