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.

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…

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…

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…

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…

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…

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,…

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…

AHEAD of the proposed road expansion and rehabilitation work by the Lagos State government, the authorities have appointed Messrs Granebury Construction as contractor,  and met stakeholders to iron out some gray areas, especially ensuring affected people receive commensurate compensation.    They met at the forum, tagged: “Stakeholders Meeting on the Rehabilitation of Strategic/Arterial/Inner Roads in…

THE Federal Housing Authority (FHA) has appointed Messrs Nekonini Business and Properties Limited, as the sole marketer of its Abesan Estate. In a statement signed by Messrs Stanley Oparaocha, Head Business Development and Hayatudeen A. Awwal, Acting Managing Director, respectively, dated January 5, 2016, said the Messrs Nekonini has been performing to the satisfaction of…

A NEW website has been launched by the African Housing group, which is designed to help home buyers find quality and affordable homes as well as the offer developers opportunities to access millions of home buyers locally and abroad, especially in Africa. The platform aggregates millions of new property from thousands of certified developers in…

CONCERNED about the dearth of skillful artisans in Nigeria, especially, bricklayers, a new programme aiming at improving their practices has got the attention of stakeholders in the building sector. The new initiative is as result of a tripartite agreement between the Nigerian Institute of Building (NIOB), Industrial Training Fund (ITF) and Cement Technology Institute of Nigeria (CTIN). Speaking at the Annual General Meeting (AGM),…