Professionals urge compliance to Lekki masterplan
MIFFED at the seeming distortion in Lekki Peninsula masterplan by developers, professionals in the built environment have charged the state authorities to ensure total compliance to the existing layout.
Property expert foresees opportunities in real estate, backs govt’s housing plan
ON the heel of the Federal Government’s plan to increase the nation’s housing stocks, and thereby reducing homelessness in the country, a real estate solution company, Propertygate Development and Investment Plc has thrown its weight behind a plan by the current administration to invest massively in both infrastructure and housing.
Operatives in Durban declaration, seek non-mortgage housing finance systems
REELING from the stain of negative report in which African mortgage markets had been painted by global institutions, as a major impediment in the march to address visible and rapidly growing demand for housing; continent’s mortgage operators and experts recently met in Durban, South Africa to enhance the flow of finance for the troubled sector by calling on the countries to assist in promoting non-mortgage housing finance systems.
UAC firm calls for new policy on retail sector, begins Galaxy Mall
FRONTLINE real estate firm, UACN Property Development Company Plc (UPDC) has urged the Federal Government to review the existing policy framework and create a robust platform that will support and indeed accelerate the much desired “retail revolution” in Nigeria.
Planners chart new course for urban development
FACED with low patronage, non-recognition of physical planning by the citizens and government, town planners have moved to chart a new course for urban development in the country.
New investors align with coalition on low-carbon economy
TWO of the world’s biggest institutional investors—Allianz and ABP—have joined the Portfolio Decarbonization Coalition (PDC), a group of investors committed to supporting the fight against climate change. With Allianz and ABP, the PDC now convenes 25 investors overseeing the gradual decarbonization of a total of $600 billion in Assets under Management (AUM), dramatically surpassing the…
Climate aggregation platform formed
A NEW multi-million dollar initiative to promote clean energy investment in developing countries was announced today at the COP21 climate talks in Paris. The Global Environment Facility (GEF) will provide $2 million in initial funding to help kick-start the formation of the ‘Climate Aggregation Platform’ (CAP) in 2016. The CAP is expected to leverage over…
Solar energy champion designated Goodwill Ambassador
THE first man to complete a non-stop balloon flight around the world and the visionary behind the only airplane capable of flying day and night without a drop of fuel, Switzerland's Bertrand Piccard was designated today the United Nations Environment Programme (UNEP) Goodwill Ambassador. Dr. Piccard received his designation during a ceremony at the Musée…
Ministry plans climate change trust fund
A NATIONAL funding entity, which aims to develop innovative ways to link international finance sources with national investment strategies, may soon be established in the country. The entity to be known as National Strategic Climate Change Trust Fund (NSCCTF) will acts as a catalyst to attract investment and to implement a range of alternative financing…
New grant for wild life conservation launched
A NEW international wildlife conservation fund of £50,000 for grassroot conservationists in Nigeria and other parts of the world has been announced. The fund, which will support the conservation of endangered species and their habitats across the developing world yearly was launched in London, United Kingdom on January 7, 2016 by the Whitley Fund for…
Govts, businesses, ERA seek end to fossil fuel subsidies
AN unprecedented coalition of close to 40 governments, hundreds of businesses and influential international organisations has called today for accelerated action to phase out fossil fuel subsidies, a move that would help bridge the gap to keep global temperature rise below 2°C. In a communiqué presented by the Fossil Fuel Subsidy Reform to Christiana Figueres,…
Mixed-use development underway in Lagos’ Okobaba sawmill site
THE urban renewal drive by the Lagos authorities may receive a boost soon, if the promise made by the Governor Akinwunmi Ambode is anything to go by. The development of the area, which has been dragging for years may eventually come into fruition as Lagos is putting finishing touches on the relocation exercise from Okobaba…