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Yearly Archives: 2017

Lagos restates zero tolerance for fraud in real estate sector

Gbolahan Lawal  Lagos restates zero tolerance for fraud in real estate sector Prince Gbolahan Lawal 300x160

The Lagos State Government on Tuesday, December 19, 2017 restated its commitment to stamp out fraudulent practices in real estate transactions in the state. Commissioner for Housing, Mr Gbolahan Lawal, made the assertion at the second edition of the 2017 Stakeholders’ Forum in Alausa, Ikeja, the seat of power. Theme of the forum is: “Prevalence of Fraudulent Practices in Real ...

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We’ll no longer finance upstream oil and gas, says World Bank

Jim Yong Kim  We’ll no longer finance upstream oil and gas, says World Bank Jim Yong Kim 300x160

At the One Planet Summit convened recently in Paris by President Emmanuel Macron of France, United Nations Secretary General Antonio Guterres, and World Bank Group President Jim Yong Kim, the World Bank Group made a number of new announcements, inclusive is the fact that it will no longer finance upstream oil and gas, after 2019. The group stated however that, ...

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Osun earmarks N48.73b for water, sanitation project in Ilesa

Gov.-Rauf-Aregbesola  Osun earmarks N48.73b for water, sanitation project in Ilesa Gov

Governor Rauf Aregbesola of Osun State says his administration will spend N48.73 billion on the Ilesa water and sanitation project. The governor said this in Ilesa on Monday, December 18, 2017 at the launch of the project tagged ‘‘the biggest singular project in Osun since its creation’’. He said that a major part of the funds for the project, which ...

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International Migrants Day: Transforming Africa’s rural areas key to curtailing migration

Migrants in Libya sold into slavery  International Migrants Day: Transforming Africa’s rural areas key to curtailing migration Migrants in Libya sold into slavery 300x160

On the occasion of International Migrants Day, December 18, the African Development Bank (AfDB) has called on African countries to reconstruct rural areas from zones of economic misery to zones of economic prosperity. This will in turn expand economic opportunities for African youth, leading to improvements in their lives, thereby stemming migration. Greater economic opportunities will motivate African youth to stay ...

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Green Bond: Upping the gains of sustainable environment

Dave Uduanu  Green Bond: Upping the gains of sustainable environment Dave Uduanu 300x160

The Federal Government plans to issue green bonds worth N10.6 billion to finance renewable energy projects, to protect the environment. This was made known by the Director-General, Debt Management Office (DMO), Ms. Patience Oniha, during the Nigeria Green Bond Investors Forum in Lagos, on Friday, December 15, 2017. Federal Ministries of Environment and Finance, in collaboration with Green Bond Advisory ...

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Water privatisation: Coalition says Lagos’ shortlisted firms can’t be trusted

ERA water  Water privatisation: Coalition says Lagos’ shortlisted firms can’t be trusted Chude Oluwafemi and Akele 300x160

Governor Akinwumi Ambode of Lagos State has been urged to drop his seemingly cherished idea of privatising water in the state, as the companies he picked “cannot be trusted with Lagos water”. At a press briefing organised by Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) on Monday, December 18, 2017 in Lagos, the activists under “Our water Our Right ...

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Government offers N10.69b Green Bonds at 13.48% per annum

Patience Oniha  Government offers N10.69b Green Bonds at 13.48% per annum Debt Management Office 1 300x160

The Federal Government on Monday, December 18, 2017 offered for subscription by auction N10.69 billion worth of sovereign green bonds, the Debt Management Office (DMO) said. The offer is in a circular on DMO’s website. It stated that the five-year tenor bond would mature in 2022 at a coupon rate of 13.48 per cent per annum. The green bond is ...

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JICA trains 40 AEPB, area council staff on waste management

waste evacuation  JICA trains 40 AEPB, area council staff on waste management Sanitation 300x160

The Japan International Corporation Agency (JICA) has trained about 40 staff of Abuja Environmental Protection Board (AEPB), Town Development Department and Area Council Secretariat on waste management. Mr Muktar Ibrahim, the Head of Information and Outreach Unit of AEPB said this in a statement made available to the News Agency of Nigeria (NAN) on Monday, December 18, 2017 in Abuja. ...

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Parks service partners film corporation on wildlife documentaries

Ibrahim Goni  Parks service partners film corporation on wildlife documentaries Ibrahim Goni 300x160

The Nigerian National Parks Service says it will partner with the Nigerian Film Corporation to produce the wildlife documentaries. Alhaji Ibrahim Goni, the Conservator-General of the Service, said this when he paid a courtesy visit to the Nigerian Film Corporation (NFC) on Monday, December 18, 2017 in Abuja. He said that the country’s parks were endowed with diverse natural resources ...

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Ogun to spend N203.3m to control gully erosion in 2018

Bolaji-Oyeleye  Ogun to spend N203.3m to control gully erosion in 2018 Ogun State Environment Commissioner Bolaji Oyeleye

The Ogun State Government says it will spend N203.3 million to control gully erosion in 2018. Mr Bolaji Oyeleye, the State Commissioner for Environment, disclosed this on Monday, December 18, 2017 while defending the ministry’s 2018 budget proposal before the House Committee on Finance and Appropriation at the assembly complex, Abeokuta. Oyeleye noted that the money would be spent on ...

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