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A New Beginning: The Lagos State Sanwo-Olu Affordable Housing Projects By Babajide Fadoju

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The Babajide Sanwo-Olu’s administration has undertaken a number of new housing projects aimed at providing affordable houses for low-income families in the state. The projects, which have been in development within the short space of three years of his time in office, have indeed turned out to be a marvel to all to see and an example to other Governors.

These housing projects being executed by the Lagos State Ministry of Housing have proven that Governor Babajide Sanwo-Olu is a man on a mission to take the poor masses out of the shackles dingy and poor living conditions.

The problem of affordable housing in Lagos state is a serious one. The rapid population growth in the state which according to the metro area population of Lagos in 2022 was at 15,388,000, a 3.54% increase from 2021 and the lack of affordable housing options have led to a housing crisis, with many low-income families unable to find safe and affordable housing. In an effort to address this problem, the government proposed the affordable housing project, which aims to provide new homes for low-income families.

The planning and development of the project had been a complex process. Securing funding and navigating complex regulations initially posed some challenges for the Governor Sanwo-olu’s administration. Despite these obstacles, the project has made significant progress, and it is now fully completed.

The 38 unit of two (2) and three (3) bedroom flat channel point apartment at Victoria Island is a game-changer for the selected low-income families. They will have access to safe, affordable housing that they can call their own. It will provide them with a sense of security and stability, and it will open up new opportunities for them, all thanks to Governor Sanwo-Olu the change maker.

In addition to providing new homes for low-income families, the one hundred Housing unit at Ikate also has broader implications for the community. The new housing units will improve the overall quality of life in the area, and they will serve as a model for similar housing projects in other states in Nigeria.

The Governor Sanwo-Olu housing projects is a step in the right direction, but there is still more work to be done. Affordable housing is still a major issue in Lagos state, and the government must continue to invest in projects that address this problem, that is why continuity for His Excellency Sanwo-Olu is of great importance.

The Housing Projects by the Governor Sanwa-Olu administration includes but not limited to:

• Thirty-Eight units of two and three Bedroom flats Channel point Apartment at Victoria Island.

• Hundred (100) Housing unit at Ikate.

• One hundred and twenty (120) unit Courtland villa at Igbokushu.

• Seven hundred and seventy four (774) Housing unit Lagos Homes Sangotedo Phase 1.

• Three hundred and sixty (360) Units in Igbagbo.

• Six hundred and sixty (660) Housing Units in Odo-Onosa Ayeandelu Housing Scheme.

• Four hundred and eighty (480) Units in Ibese Ikorodu.

• Four hundred and ninety two home unit Lateef Jakande Housing Estate.

• One hundred and thirty two (132) home unit BRF Housing Estate Iponri.

• Twenty (20) Unit two bedroom Love Garden Apartment Service.

• Forty-eight (48) Unit of Greater Lagos LBIC Apartment pen CINEMA which was given to residents free of charge as compensation for the demolition of their homes during the construction of the 105 killometer of the prey Scheme Bridge.

• Two hundred and fifty two Bungalows at Idale Badagry.
These Housing schemes and structures have state-of-the-art ininfrastructure, accessible roads, drainage systems, steady power supply, and water supply for the comfort of the residents.

A greater Lagos is indeed Rising under the watch of His Excellency Governor Babajide Sanwo-Olu. He is a game changer who is just getting started in the mission for a NEW LAGOS.

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NCC Unveils Initiative To Combat Fraud, Spam Messaging

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The Nigerian Communications Commission has unveiled a draft regulatory framework aimed at addressing fraud, spam, and other challenges in the “Application-to-Person” messaging sector.

The telecom regulator made this announcement in a statement on Friday.

The proposed framework was introduced during a virtual Stakeholders’ Forum, a key step towards enhancing the sector’s integrity and ensuring a fair, transparent environment for all parties involved.

The draft framework, presented by the acting Head of Legal and Regulatory Services at the NCC, Mrs. Chizua Whyte, on behalf of the Executive Vice Chairman, Dr. Aminu Maida, seeks to regulate the A2P messaging space.

A2P messaging, used for notifications such as bank alerts, promotional campaigns, and government updates, has become a vital communication tool in Nigeria.

However, the sector faces significant challenges, including consumer protection concerns, fraud, and data privacy issues, as well as an unequal distribution of value within the ecosystem.

“The international A2P messaging space in Nigeria faces gaps that have led to issues such as fraud, spam, and data privacy concerns. These challenges threaten the sustainable growth of this communication tool,” the NCC said.

The regulator emphasised its commitment to fostering innovation while ensuring a secure, transparent environment for businesses, consumers, and service providers.

The proposed framework aims to address these challenges by protecting consumers, promoting fair competition, and holding service providers accountable.

“This forum marks a pivotal step towards addressing these challenges,” the NCC said. “We are here to engage with all stakeholders—operators, aggregators, businesses, service providers, and consumers—to refine the framework and ensure it meets the needs of the entire ecosystem.”

The NCC stressed the importance of inclusivity and collaboration in creating an effective regulatory environment.

The commission’s efforts are focused on promoting a sustainable A2P messaging ecosystem that enables business innovation, enhances communication efficiency, and supports Nigeria’s socio-economic growth.

Stakeholders were encouraged to provide feedback and contribute ideas during the forum to help shape the final framework.

The NCC reiterated its commitment to creating a regulatory environment that supports innovation while safeguarding the interests of all stakeholders in the A2P messaging sector.

For further updates, the NCC urged stakeholders to remain engaged throughout the regulatory process, stressing the importance of cooperation in shaping the future of A2P messaging in Nigeria.

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JUST IN: Oil Marketers Reduce Petrol Price By 11.8% To N939.50 Per Litre

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Oil marketers sourcing “Premium Motor Spirit”, “PMS”, also known as petrol, from the Dangote Petroleum Refinery have reduced the price by 11.8 percent to N939.50 per litre, down from N1,060 per litre.

As of Thursday, December 19, petrol was still being sold at N1,060 per litre in Lagos and surrounding areas.

However, by Friday, MRS, a leading marketer, along with others, had adjusted their prices, now selling at N939.50 per litre.

It’s worth noting that the Dangote Petroleum Refinery had earlier lowered the ex-pump price of petrol to N899.50 per litre, down from N970 per litre.

According to the refinery, this price reduction is intended to offer much-needed relief to Nigerians ahead of the holiday season.

Anthony Chiejina, the Chief Branding and Communications Officer of Dangote Group, made this announcement.

“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on “PMS” (“petrol”). From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM,” Chiejina said.

‘‘Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”

 

More to come…

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EFCC Allocates N18bn For Allowances, N5bn For Travels In Proposed 2025 Budget

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The Economic and Financial Crimes Commission (EFCC) has announced plans to allocate N18 billion for allowances in 2025.

This figure is part of the proposed 2025 budget currently under consideration and awaiting approval by the national assembly.

As per the appropriation bill, the EFCC’s total budget for 2025 stands at approximately N62.2 billion.

This budget includes personnel costs (N38.6 billion), overheads (N20.9 billion), and capital expenditure (N2.2 billion).

Within the allowance budget, N1.7 billion is designated for “non-regular allowances,” while “regular allowances” are set at N16.7 billion.

Other proposed expenditures for the EFCC include welfare packages (N1.4 billion), fuel and lubricants (N2 billion), financial charges (N1.2 billion), construction and provision of office buildings (N1.1 billion), and maintenance services (N2.1 billion).

The EFCC also plans to allocate N4.9 billion for “local travel and transport,” with “international travel and transport” expected to cost N1.7 billion.

The proposed budget includes N800 million for the purchase of fixed assets.

On Wednesday, President Bola Tinubu unveiled the N49.7 trillion 2025 “Budget of Restoration: Securing Peace and Rebuilding Prosperity.”

In his address to the national assembly, Tinubu stated that it was time “we rewrite Nigeria’s narrative together.”

The primary focus of next year’s budget will be the defence, infrastructure, health, and education sectors.

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