Connect with us

General

FG Wants Prices of Land in Nigeria Regulated

Published

on

By Modupe Gbadeyanka

The Council of Nigerian Institution of Estate Surveyors and Valuers has been urged to regulate values and rates of land across the country.

This appeal was made by the Minister of Power, Works and Housing, Mr Babatunde Fashola, at the Ministry’s headquarters in Abuja when he received members of the Council.

The delegation visited the Minister to discuss critical issues that bothers on property development and provision of professional services by Estate Surveyors and Valuers.

Mr Fashola noted that if the suggestion is accepted, it will bring an end to reoccurrence of disputes that often lead to huge compensation on the part of government.

The former Lagos State Governor stressed that “the council is expected to play its role in developing a regime of predictable rates for land in each local government area whether the place is developed or not across Nigeria.”

He stated that the Buhari administration was poised with the implementation of the International Public Sector Accounting Standards (IPSAS) in all the Ministries Departments and Agencies (MDAs) to ensure accountability in the public sector and building the capacity of civil servants.

He expressed pleasure receiving the Council members particularly as they engaged the ministry on developmental issues in rebuilding the nation’s economy.

On the National Housing Policy, the Minister stated that the ministry does not have the large scale resources to build permanently, adding that the on-going 5 hectares mass housing projects across 33 states of the federation is a pilot scheme that will set the pace for affordability and acceptability for private sectors to key into.

Earlier in his remarks, President of the Nigerian Institution of Estate Surveyors and Valuers, Dr Bolarinde Patunola-Ajayi, on behalf of the Council members expressed their deep appreciation to the Minister for the meeting.

He added that the meeting will create a channel of synergy and profitable collaboration between the ministry and the institution resulting in a robust and efficient management of the nation’s National Assets.

The President informed the Minister that the Nigerian Institution of Estate Surveyors and Valuers as a major stakeholder in national land resource development and management performs among others the following functions, advice the government on land and housing policies and their implementation; generate revenue for government through the various services rendered and registration of titles to landed properties granted by the federal government.

Dr Patunola-Ajayi stated that following the adoption of the International Public Sector Accounting Standard (IPSAS) policy by the federal government, he enjoined the Ministry to set up implementation committee in all departments and agencies of the ministry for IPSAS compliance.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

General

Amandla, AWLN to Hold Beijing +30 Women’s Summit December 9

Published

on

Beijing +30 Women's Summit

As part of the activities commemorating the 2025 edition of ’16 Days of Activism against Gender-Based Violence,’ the Amandla Institute for Policy and Leadership Advancement (AIPLA), in collaboration with the African Women Leaders Network (AWLN-Nigeria) and Womanifesto, will on December 9 convene the Beijing+30 Women’s Summit – a landmark national gathering to reflect on three decades of progress, challenges, and unfinished commitments under the Beijing Declaration and Platform for Action (BPfA).

Organised to strengthen women’s movements in Nigeria, the event is coming up 30 years after the historic Beijing, China, International Women’s Conference of 1995, as a platform to review the decades past while projecting for the years ahead.

Themed Beijing+30 Women’s Summit – Holding the Line for Women’s Rights: Looking Back and Marching Forward, the event aims to re-examine the pivotal roles played by African women, both on the continent and in the diaspora, in shaping the agenda, while facilitating intergenerational exchange and galvanising collective agency to advance feminist sensitive rights issues.

To set the ball rolling, three distinguished African feminists, ‘Bisi Adeleye-Fayemi, Co-founder, Amandla Institute; Prof. Funmilayo Para-Mallam, Chair, AWLN-Nigeria; and Dr. Abiola Akiyode-Afolabi of Womanifesto, would give welcome remarks and provide instructional context setting for the event. Thereafter, goodwill messages will be delivered from selected leaders and experts, ahead two panel sessions that will address issues related to women’s rights, abuses, and gender-based violence in Nigeria.

Recall that the Secretary-General of the Beijing Women’s Summit foregrounded the struggles of African women. Over the years, several African countries have made progressive strides through legal and constitutional reforms in their determination to chart a bold, transformative agenda for the empowerment of women.

Women constitute 60–79% of the rural workforce, yet men are five times more likely to own land. In the annals of international policy, the issues of power, politics, and policy were placed squarely on irregular measures.

In Rwanda, female parliamentary representation is the global highest at 61.3%; Senegal has passed a 50/50 parity law, Sierra Leone has a 30% affirmative action law, while Uganda has a constitutionally guaranteed representation for women. However, in Nigeria, the persistent gender gap in access to resources, representation, and opportunities remains painfully low for women.

These examples underscore what is possible when political will aligns with women’s agency. In regard to these concerns, the Women’s Summit is thus geared towards enhancing understanding of the historical significance and continuing relevance of the Beijing Conference of 1995 and its numerous outcomes, strengthening leadership and coordination among women’s organisations, renewing the advocacy for the call to action and especially to expand the mentorship networks linking with younger and seasoned women leaders across Nigeria.

Continue Reading

General

Military Faction Announces Coup in Benin Republic

Published

on

benin republic coup

By Adedapo Adesanya

There were jitters of a military coup in Benin Republic, which borders Nigeria to the west, but has been denied by the Presidency.

Soldiers in the West African nation announced on national TV on Sunday morning that they have ousted President Patrice Talon and seized power.

“The situation is under control. A large part of the army is still loyalist – and we are taking over the situation,” Foreign Minister Shegun Adjadi Bakari told Reuters news agency.

An unnamed person in the presidency told the AFP news agency: “This is a small group of people who only control the television. The city and the country are completely secure.”

BBC reported that the French embassy in Benin said gunfire had been reported near the residence of the president.

The soldiers also announced a suspension of the constitution and closure of all land borders and the country’s airspace.

According to their statement, Lieutenant-Colonel Tigri Pascal will be leading a military transition council.

President Talon, 67, is due to step down next year after completing his second term in office. He has been in office since 2016.

This is the latest coup development after military officers said they had seized control of Guinea-Bissau, another West African country, after elections.

Soldiers reportedly arrested the democratically elected incumbent president, Mr Umaro Sissoco Embaló and also suspended the electoral process in which he was in line to win again.

They said they were acting to thwart a plot by unnamed politicians who had “the support of a well-known drug baron” to destabilise the country, and announced the closure of its borders and imposed a night-time curfew.

Coups have become common place in Africa since 2020: Mali, Guinea, Sudan, Burkina Faso, Niger, Gabon, Madagascar, and recently Guinea-Bissau then now, Benin Republic have seen military takeover. This has raised alarms about possibilities in other African states.

Continue Reading

General

Unlocking Profitability: The Benefits of Hiring a Property Management Company in West Palm Beach

Published

on

West Palm Beach Property Management

West Palm Beach’s vibrant real estate market beckons both seasoned and novice investors looking to reap substantial returns. However, property ownership comes with its fair share of challenges, including day-to-day maintenance, tenant relations, and the nuances of legal compliance. This is where the expertise of a property management company becomes invaluable. An efficient property manager can alleviate these burdens, permitting owners to enjoy their investments’ benefits with fewer headaches. Keep reading to discover how property management in West Palm Beach can enhance your real estate experience and profitability.

Unlocking Profitability: The Role of Property Management Companies in West Palm Beach

Property managers play a huge role in keeping rental properties profitable, especially in a competitive market like West Palm Beach. They handle the day-to-day work that often drains an owner’s time, from setting the right rental rates to advertising vacancies. Thanks to their knowledge of local trends, West Palm Beach Property Management teams help attract reliable tenants and keep units occupied.

They also serve as the bridge between owners and renters, managing everything from screenings and inspections to repairs and conflict resolution. By keeping properties well-maintained and responding quickly to tenant needs, they boost satisfaction and encourage long-term leases, ultimately protecting property value and strengthening steady cash flow for owners.

Enhancing Real Estate Value through Professional Property Management

Professional property management plays a key role in increasing long-term property value. These teams guide strategic upgrades and renovations that boost appeal and competitiveness in the West Palm Beach market. Consistent maintenance schedules protect essential features, prevent costly repairs, and support stronger property assessments. Skilled managers also anticipate market trends, directing improvements that align with evolving tenant expectations and help properties attract higher rents and responsible occupants.

By coordinating directly with contractors and service providers, they ensure all work meets professional standards while securing competitive pricing through established vendor relationships, giving property owners both savings and confidence in the care of their investment.

Streamlining Operations: How Property Management Saves You Time and Money

Property management services save investors valuable time by handling daily rental operations such as tenant acquisition, maintenance, and administrative tasks. Their expertise creates a streamlined system that frees owners to focus on growth or other pursuits. These firms also help reduce long-term costs through market knowledge, supplier discounts, and preventive maintenance that avoids expensive repairs.

They support strong financial performance with organized tracking of income, expenses, and profitability, making accounting and tax preparation easier. Their skill in budgeting and forecasting helps protect returns and keep investments on track, giving owners more flexibility while maintaining strong rental performance.

Attracting and Retaining Tenants with Expert Property Management Services

Property management companies play a vital role in attracting and keeping reliable tenants by using strong marketing tactics and thorough screening. Their tenant retention efforts, consistent communication, quick responses, and a respectful environment help reduce turnover and encourage long-term leases. Tenants feel more secure knowing they have a dependable point of contact for issues, which boosts satisfaction and stability.

Skilled managers also handle lease renewals and negotiations to maintain favorable terms. With deep awareness of tenant preferences and local market trends, they guide owners in adding desirable amenities that elevate a property’s appeal within West Palm Beach’s competitive rental market.

Navigating West Palm Beach’s Real Estate Legal Landscape with a Property Management Partner

Navigating property law and evolving regulations can be challenging for property owners, making legal compliance a complex task. Property management companies provide expertise in staying current with local, state, and federal laws, helping landlords avoid costly mistakes. They serve as advocates during tenant disputes or legal conflicts, managing issues professionally and, if needed, representing owners in court or negotiations.

These companies also draft and enforce comprehensive lease agreements, minimizing misunderstandings and fostering smooth landlord-tenant relationships. By implementing fair policies and rigorous safety measures, property managers reduce the risk of discrimination claims, safety violations, and other legal repercussions, ensuring both tenant protection and the long-term success of the property.

Altogether, engaging the services of a professional property management company in West Palm Beach is a shrewd investment in real estate success. Property owners benefit from the expertise that not only safeguards but also magnifies the potential of their assets, allowing them to enjoy the fruits of investment with minimal hassle.

Continue Reading

Trending