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FASHOLA OUTLINES ROADMAP TO SUSTAINABLE HOUSING IN NIGERIA, SAYS PLANNING IS KEY

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Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, Tuesday, in Abuja outlined the roadmap of his Ministry to achieving a sustainable Housing delivery in the country saying the first key to the roadmap in housing was planning.

 

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Fashola, who spoke at the 35th Annual General Meeting (AGM) of Shelter Afrique in Abuja, said in order to meet the real demand of the majority of Nigerians in housing, it was not only necessary but expedient to embark on proper planning adding that it is the key to project completion, cost control and reduction in variation requests as well as financial calculations.

 

Noting that what the country now has as a National Housing Policy was only a Policy Statement and not a plan, the Minister declared, “We must never tire to explain the necessity and importance of proper planning. It is the key to successful execution, it is the key to project completion, it is the key to cost control and reduction in variation requests and financial calculations”.

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“I acknowledge that there is, for example, a National Housing Policy of 2012. Some have chosen to call it a plan. To the extent that it is a broad statement of intent about providing housing, it is a policy statement”, the Minister said adding that his Ministry was currently developing the needed plan to make the housing policy a reality.

 

Elaborating further on the plans of his Ministry, Fashola, who explained that the plan requires “a clear understanding of who we want to provide housing for”, added, “I recognize that there are people who want land to build for themselves, there are also people who want town houses and duplexes, whether detached or semi-detached”, pointing out that this category of people were not in the majority.
According to him, “The people who we must focus on are those in the majority and those who are most vulnerable; the people who are in the bracket of those who graduated from University about five years ago and more. People who are in the income bracket of grade level 9 to 15 in the public service and their counterparts, taxi drivers, market men and women, farmers, artisans who earn the same range of income”.

 

Fashola said in order to capture the target population, the Ministry needed to conduct a survey to determine what they expect and what they could pay as well as evolve agreeable housing types, between two to four designs that have a broad, national cultural acceptance adding that there was need also to standardize the designs “so that we can then design moulds to accelerate the number that can be built”.

 

Also the plan requires the standardization of the size of doors, windows, toilet and bath fittings, lighting fittings and other accessories so that the small and medium enterprises could “respond to supply all the building materials, create diversification and jobs; and ensure that projects are completed with a steady supply of materials”.

 

Other requirements in his Ministry’s plans, the Minister said, include ensuring that the designs reflect behavioral patterns of Nigerians, such as adequate storage, and other lifestyle needs, that there is ready water supply, power supply, waste and sewage management and paying attention to the transport needs and land density prescriptions of the communities that are built.

 

The plans also include ensuring that the process of issuing legal title is in place and
focus on post-construction maintenance to ensure that the houses remain in good condition after they have been sold to the owners.

 

Expressing pleasure that a lot of work has been done by staff of the Ministry towards concluding the plans, Fashola, who also acknowledged the voluntary contribution of some private sector to the initiatives, announced that 12 states have responded to the request for land adding that while more responses are awaited, the Ministry was taking the next step to survey the plots of land and develop layouts, preparatory to commencing development.

 

“In essence, the road to Nigeria’s housing challenge lies in meticulous planning and original thinking”, he said adding, “I am of the view that the solution to housing Africa’s urban low income population must proceed along the same basis by each African country”.
Recalling the recent Habitat III Summit hosted in Abuja in February 2016, Fashola pointed out that a major declaration about the need for Africans to take responsibility and be original in developing their own solutions was made in the Abuja declaration adding, “It is a document that I commend all of us”.

 

The Minister, who also recalled his meeting with the Managing Director of Shelter Afrique earlier in the year to review preparations for the ongoing Annual General Meeting, said one of the things he requested of him was that the Managing Director should furnish him with a report of the impact of Shelter Afrique’s initiative for his assessment adding that his request was based on his belief that the success of any project and the possibility of improving upon it depends on the ability to measure it.

 

According to the Minister, highlights of the report showed that between 2005 and 2010, Shelter Afrique in Nigeria had financed 23 initiatives with a total of $52,175,000(Approximately N10.435 BILLION) adding that of these initiatives, 15 represented lending for construction of housing projects, out of which the largest was for $7 million for 376 houses of different types, and 251 serviced plots, followed by 287 mixed housing units for a cooperative society, 55 housing units and 100 Service plots and the least was for 16 maisonettes.

 

“This is the intervention on the supply side of housing to provide houses.

The remaining eight interventions were for mortgage financing to building societies, credit line for individual mortgages and related financing, on the demand side of housing, to provide finance”, he said.

 

According to him, the other parts of the report also showed a financing of $60,400,000 (Approximately N12.08 BILLION) over the last three years in 10 interventions adding that out of these 10, seven were for housing construction, namely 287 units, 90 units, 15 floor commercial complex, 59 housing units, 300 housing units, 130 apartments and 44 housing units on the supply side.

 

“The remaining three interventions were for equity investment in the Nigerian Mortgage Refinance Company (NMRC) ($3M); and credit lines for on-lending for mortgage totaling $13 Million (N2.6 BILLION)”, he said adding, “Given the topic of this symposium, which is ‘Housing Africa’s Urban Low Income Population’, “I am mindful that Shelter Afrique is not the only interventionist in the market, but I think that if we use this as a case study and benchmark ourselves, we can improve our efforts by measuring our progress and trying new things”.

 

The Minister noted that over the years, Nigeria has embarked on a series of housing initiatives but not one of them has been pursued with consistency or any measurable sustainability adding, “In the Ministry of Power, Works and Housing, we are convinced that these unsustainable efforts must change, and give way to a sustainable and well thought out initiative”.
“We are convinced that this change must be led by Government and subsequently driven by the private sector”, he said citing as example of a sustained housing initiative,

the public housing initiative of the United Kingdom which, he said, was started by government in 1918 and as of 2014, 64.8 per cent of UK’s 53 million people are home owners.

 

 

Also citing the Singaporean initiative which was started by government in 1960, the Minister, who said it has   provided housing for 80 per cent of its three million people, declared, “What is common to both models, is that there was a uniformity of design, a common target to house working class people, and not the elite, standardization of fittings like doors, windows, space, electrical and mechanical, and also a common concept of neighborhood”.
“The Shelter Afrique report which I disclosed to you does not share these characteristics. It shows funding for diverse initiatives such as service plots, commercial complex, apartments, and mixed housing”, he said adding that after the announcement that the present Government would be building houses, scores of proposals have been received from people with majority of them saying they want to build 10,000 units of housing.

 

Saying although he would love to see houses built in such large numbers, the Minister, however, noted that the Ministry’s interrogation of the proposals showed that none of the people who wanted to build 10,000 houses could show any evidence that they have previously built 500 houses to show their capacity.
“A sizable number of them are Road construction companies, and I am aware that the logistics for road construction are quite different from that for housing construction.
Some of them want to build duplexes and I think we all agree that this is not where the demand of Africa’s urban low income lies”, he said adding that one of them who had signed a contract to deliver a 1,000 housing unit estate since around 2013 had run into difficulty after building 84 units.

 

Pointing out that many of the Public Private Partnership housing initiatives entered into have either stalled as a result of funding, lack of capacity, land disputes or court cases, Fashola, who noted that it was not the road to sustainability, declared, “Ladies and Gentlemen, a lot of money has passed through the African continent from oil, Agro- produce, mining, trade and other sources, but it is yet to deliver on the promise of prosperity that lies on the horizon”.

 

“I know that there is a high expectancy out there. But everything tells me that as desirous as speed is, for us to respond to people’s expectations, we must be careful not to build roads that go nowhere; instead, we must be meticulous, focused and dedicated to build a road to prosperity”, he said.

 

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Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

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WEMA BANK UNVEILS NEW DIGITAL SOLUTION FOR COOPERATIVE SOCIETIES, COOPHUB

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WEMA BANK UNVEILS NEW DIGITAL SOLUTION FOR COOPERATIVE SOCIETIES, COOPHUB

WEMA BANK UNVEILS NEW DIGITAL SOLUTION FOR COOPERATIVE SOCIETIES, COOPHUB

 

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Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has officially launched CoopHub, a new digital solution for Cooperative Societies. The groundbreaking platform was unveiled at the launch ceremony held on May 10th, 2024, to commemorate the 79th anniversary of the Bank.

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WEMA BANK UNVEILS NEW DIGITAL SOLUTION FOR COOPERATIVE SOCIETIES, COOPHUB

CoopHub, the first of its kind in the Nigerian banking industry, is a digital platform designed strategically to transform the way Cooperative Societies operate by providing tailored solutions that bridge the gaps in the traditional framework of Cooperative Societies. The unique platform insulates Cooperative Societies against prevalent struggles like manual recordkeeping, limited access to loans, poor communication, insecurity, and other restrictions, supporting them with the solutions needed to not only mitigate these problems but also operate with the utmost efficiency.

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With CoopHub, leaders of Cooperative Societies can manage every aspect of their community’s operations from a simplified dashboard accessible on their phones, seamlessly managing their Cooperative Society’s finances, communication, member records, analytics and every other detail in real time and on the go. Members of the Cooperative Societies also enjoy increased access to loans, seamless contribution tracking, secure transactions, and easy communication with the leaders. Essentially, CoopHub helps Cooperative Societies maintain 100% transparency, reliability, and security, with the option of white labelling for a customised experience.
Disclosing the Bank’s motive for creating CoopHub, Wema Bank’s MD/CEO, Moruf Oseni, highlighted the Bank’s commitment to innovation and customer-centricity. “Cooperative Societies have many pain points. As a bank that is committed to empowering lives through innovation, we examined the end-to-end value chain of Cooperative Societies and launched CoopHub to provide solutions that address the pains and headaches in the Cooperative Society experience for both the leaders of these communities and the members. CoopHub is the future of Cooperative Societies and we have designed every detail to address the needs of every player in the Cooperative Society ecosystem and empower these communities for optimal productivity”, he said.

 

 

 

Delving into the unique features of CoopHub, Solomon Ayodele, Wema Bank’s Head of Innovation, added, “CoopHub is taking Cooperatives to an era where conflicts, stressful physical meetings, mistrust, inadequate capital, poor recordkeeping and inefficient governance are all a thing of the past. With a digitised database for all records, a dedicated User Management section for leaders to manage members efficiently, a transparent overview of contributions for both leaders and members, seamless communication framework that allows for easy planning of meetings and events, and a host of other unique features, CoopHub truly is the solution that every Cooperative Society needs. To promote community and financial security, CoopHub also offers a three-factor authentication system that ensures that every withdrawal from the Cooperative Society’s account is subject to an approval of three members of the Cooperative Society, including the Admin. We have been very intentional with CoopHub and I encourage every Cooperative Society to come on board and experience the future of Cooperative Societies through CoopHub”, Ayodele concluded.
CoopHub is now live and open to every Cooperative Society across the world. This futuristic solution is set to not only empower Nigerian lives with increased access to their needs through Cooperative Societies, but also revolutionise Cooperative Society operations for the best.
To onboard a Cooperative on CoopHub, simply register at https://coophub.alat.ng/

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Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

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Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

Continue to speak out against all forms of injustice to yourselves and others, and you will set a mighty example for your children and for future generations.”
— Bernice King
Martin Luther King Jr. once said, “Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly.”  This aptly described the mood of Investors of leading global financial platform Afriq Arbiritage System as they  demanded for justice against  Abayomi Oluwasesan who stole the company’s $87m money and his cronies, Humble Prince Etang, Donald Michael, Fifeyin Awajumo and Michael’s Okoh who have used the instrument of cyber bully and cyber stalking to attack their CEO, Jesam Michael.
Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice
Also, they have unanimously condemned the ungodly role of the legal practitioner of the accused, Maxwell Opara, who has been narrating a dangerously false narration about the incident knowing full well that the perpetrators of these alleged crimes are the villain not the victims.
Consequently, some representatives of the global community of AAS known as Spartans have penned an open letter condemning the unfortunate incident against their CEO and the company. Excerpts…
Maxwell Opara must be called to order by the Nigerian Bar Association (NBA).
The Spectacle created by the so-called Maxwell Opara, a lawyer hired by ponzi hawks led by one Michael Okoh has exposed the short-comings of the legal profession in the country.
It’s so daft and unprofessional for a supposed lawyer to go to the press and talk about a case ongoing in court. A case he is himself representing in the court of law.
Those he is representing are tied to the chief culprit that is Abayomi and we believed by now as a lawyer he should have gotten all the facts related to the case he was brought in to litigate.
The accused, Abayomi has since confessed to his crime of stealing a whooping 87 million dollars from the confers of AAS. His lawyer has publicly stated this in court. How then Opara was not so informed as to guide his utterances?
This indiscretion on the part of a lawyer cannot be swept under the carpet. Whatever his motives are, we know he is part and parcel of the propaganda machinery to bring down AAS and its CEO, which is a defeated endeavour as everyone already knows. Their plot has failed as the truth is already in the public domain.
While AAS and its CEO will never take the laws into its hands, we are calling on the Nigerian Bar Association (NBA) to effectively call their member to order, and impose disciplinary measures for such flagrant flouting of the legal profession’s code of conduct.
However, irrespective of what the NBA do or fail to do, the security agencies have taken the lead to call him to order as a polite invitation to turn himself in to the Nigeria Police Force or be arrested has gone out. The choice is his to make.
As stated before, there are consequences for our words and actions. The said assault on him as reported by some media pools is a misinformation. Opara was never assaulted by the complainant. He was stopped from further spreading lies about a case in court of which the obvious is clear;  that ABAYOMI OLUWASESAN, has confessed to stealing 87 million dollars from AAS.
We should also remember, Abayomi was an employee of AAS, with the knowledge of the key codes to the system, a privilege afforded him by the CEO in trust which he swiftly betrayed.
He did not hack the system, because the system is unhackable. He simply entered because he has the keys. No one has the keys to a door and rather break in, they simply go in with the keys.
So gentlemen of the press, Abayomi stole from AAS, and every lawyer involved in this case must go the extra mile to get to the bottom of the truth before saying anything about the case.
Maxwell must be disciplined and possibly disbarred for bringing shame to the law profession. AAS will leave no stone unturned and will not fold its arms while naysayers and haters run riot.
Never Again.
RICHARD
This is pretty absurd that individuals and institutions make comments without appraising themselves of the circumstances or the facts. 
A crime was not committed against Maxwell Opara, a crime was committed against Investors and the CEO of the company they invested in, Afriq Arbitrage Systems. The defendants Maxwell Opara is representing, have already been deeply apologetic of their actions and the principal defendant, Mr. Abayomi has even confessed to the crime of stealing 87 Million dollars from the coffers of AAS.
Maxwell Opara takes sensationalism to the next level when he demonstrates his limited knowledge of the case by stating that the money that was stolen was 100 Million dollars… In so doing, he perjured himself and deeply affected his credibility in exercising his legal profession.
What I see playing out here is a drama where most actors are attempting to have their 5 minutes of fame in the spotlight. This case is huge, and such actors like Maxwell Opara, do not have to be paid any attention to as they attempt to have a spin off show on this main event. The law is going to deal with Maxwell, and as for the rest of us investors, we shall drown the noise and concentrate on how to get our stolen investment of 87 Million dollars from Mr. and Mrs. Abayomi.
Opara’s actions have raised serious concerns about legal ethics and the objectivity of legal practitioners.
The situation involving Maxwell Opara, who was responsible for defending individuals in a cyberbullying case, has taken a dramatic turn. While Opara was representing Michael Okoh, Humble Etenge, and others, another legal matter involving Abayomi Oluwasesan and Afriq Arbitrage System came to light.
Abayomi’s involvement in a $87 million theft and subsequent confession added a layer of complexity to the situation. Despite not directly representing Abayomi in legal proceedings, Opara was seen commenting on the case between Abayomi and Afriq Arbitrage System.
Opara’s actions have raised serious concerns about legal ethics and the objectivity of legal practitioners. This revelation highlights the paramount importance of upholding ethical standards and integrity within the legal profession.
The consequences of Opara’s conduct underscore the necessity for transparency and accountability in the legal field. This scandal serves as a stark reminder of the risks associated with allowing personal gain to compromise the pursuit of justice and the equitable execution of the law. It serves as a cautionary tale about the importance of maintaining ethical standards in legal practice to uphold justice and fairness.
This Lawyer goofed 
He contravene the rules  of Professional Ethics  as Legal Practitioners in Nigeria
Once a case is under the jurisdiction of a Court, it’s a common principle of judicial practice that none, not even the parties involved, nor any lawyer engaged for that matter must go to the media to begin another trial or hearing. It’s Contempt of the Court. The Court usually frowns at such conduct.
A case is subjudice when anyone goes outside the court to make any forms of comment, conference or conclusion with respect to such a case.
The Maxwell Okpara stands to be seriously reprimanded with the appropriate sanctions by the Legal Practitioners Disciplinary Committee.
In addition to the police investigation ongoing against Maxwell Okpara, I humbly advise once again that our AAS Legal Team submit a Petition to the Legal Practitioners Disciplinary Committee ( LPDC ) against Barr. Maxwell Okpara for his breach of the rules of Professional Ethics which forbids Lawyer from discussing or granting interviews with respect to matters or proceedings ongoing in the Courts.
I felt ashamed of Maxwell Okpara conducts as a Lawyer too when I saw him delved into the live issues already before the Court in his Press interviews.
This is too bad for a Lawyer’s conduct!
Our AAS Legal Team appears more professional and must be guided always too, because the Newshounds would always come to them to scoop or scout for headlines.
When approached by the media, all a Lawyer could say is “ the Court has spoken, the next date of adjournment is “xyz “ it is subjudice to say anything further on this case. Thank you gentlemen of the Press for your interest .
Pronto ! You discharge the Press and go your way .
This is best practice we all learn as Lawyers.
Anyone as a Lawyer , including Maxwell Okpara who contravene the rules must face the consequences of their actions.
LEKAN OLANISEBE

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UK Based Bizman, Mayegun Oladele Shosanya Celebrates Awujale 64th Coronation Anniversary, 90th Birthday

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UK Based Bizman, Mayegun Oladele Shosanya Celebrates Awujale 64th Coronation Anniversary, 90th Birthday

 

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United Kingdom based shred businessman who doubles as the Baba Egbe Obaneye Omooba Obinrin Akile-Ijebu and The Mayegun of Irewon Kingdom, Oladele Peter Shosanya has heartily celebrated the Awujale and Paramount ruler of Ijebuland, His Royal Majesty, Oba Sikiru Kayode Adetona on the occasion of his 64th coronation anniversary and 90th birthday celebration.

Mayegun Shosanya expressed joy and happiness that the foremost traditional ruler has attained the milestone age of 90, and yet continue to discharge his duties towards the development of Ijebuland, and Nigeria at large.

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In his congratulatory message to the monarch from the UK, and which was also made available to journalists in Ogun state yesterday, Mayegun Shosanya said Awujale as over the years built an unparalleled legacies and outstanding achievement which would forever remain indelible in the country.

“We are happy to celebrate our royal father and pride of Ijebuland on this double celebration. As we join millions of Nigerians including all sons and daughters of Ijebuland to welcome the custodian of Ijebu culture and tradition to the nonagrian club, we pray to Almighty God for his protection on our Baba for a sound health and great wisdom in life”.

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