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Nigeria’s pension industry with total assets now exceeding ₦20 trillion could play a transformative role in addressing the country’s significant housing deficit, according to housing and financial market experts. They argue that a carefully structured reallocation of a small portion of these long-term savings into housing-related instruments could unlock large-scale affordable home delivery and reshape the real estate landscape.

Professional town planners in Nigeria have formally appealed to President Bola Tinubu to intervene in the ongoing land governance reform process, expressing concern that recent administrative changes may undermine the country’s statutory planning framework and legislative mandates. The appeal was set out in a memorandum submitted by the Nathaniel Atebije Foundation for Planning Advocacy (NAFPA), which represents registered planning practitioners across the federation.

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The Honourable Minister of the Federal Capital Territory, Nyesom Wike, is scheduled to preside over the inauguration of 54 units of heavy-duty construction equipment destined to support infrastructure development across all 18 local government areas of Edo State. The event reflects a strategic government initiative to empower local councils and accelerate infrastructure works at the grassroots level.

Stanbic IBTC Bank has called for stronger policy integration and coordinated frameworks to accelerate inclusive housing development in Nigeria, emphasising that sustainable shelter solutions require more than access to finance alone. The bank’s position was outlined at the 2026 Wemabod Real Estate Outlook Conference under the theme “Unlocking Land and Infrastructure for Inclusive Housing.”

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In a significant development in the trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, a prosecution witness has denied receiving funds directly from the defendant in relation to the 753-unit housing estate controversy currently before the Federal Capital Territory (FCT) High Court in Abuja. The ongoing case involves allegations by the Economic and Financial Crimes Commission (EFCC) that Emefiele unlawfully acquired the expansive housing estate in the Lokogoma District of Abuja through proxy channels, abusing his office for personal enrichment — charges the former CBN governor has consistently denied.

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