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The Inspector General of Police, IGP Olatunji Disu, is seeking greater access to mortgage financing and private-sector investment to address the longstanding housing shortage among police personnel. The move could expand the role of mortgage institutions and private developers in delivering affordable housing for officers while creating a potential model for other public-sector workers.
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IGP Targets Mortgage Funds to Bridge Police Housing Gap
The Inspector-General of Police has called for increased access to mortgage financing and private-sector investment to accelerate housing delivery for Nigeria Police Force personnel and address the longstanding housing deficit among officers.
Uyo-Calabar Rail Link Gets FG Backing as Cross River Pushes Port Connectivity
Cross River State has secured Federal Government endorsement for a proposed railway connecting Uyo in Akwa Ibom to Calabar and terminating at the Cross River Deep Sea Port, alongside support for expanding the state’s marine transport network.
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Kara Bridge Repairs Begin Tuesday as FG Warns of Traffic Delays
The Federal Government will begin repairs on the Kara Berger Bridge section of the Lagos-Ibadan Expressway on Tuesday, September 8, with the rehabilitation expected to last two weeks.
FG Sets New Deadlines for National Library Project, Warns Contractors of Sanctions
The Federal Government has renewed its push to complete the National Library of Nigeria project in Abuja, directing contractors and consultants to meet agreed delivery timelines or face sanctions.
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Naira Gains Ground as CBN’s External Reserves Hit $54.08bn
The naira strengthened against the US dollar as Nigeria’s external reserves climbed above $54 billion, giving the Central Bank of Nigeria (CBN) a stronger foreign-exchange buffer and improving market sentiment.
NISO Rejects DisCos’ Debt Repayment Plans, Warns of Sanctions
The Nigerian Independent System Operator (NISO) has rejected repayment proposals submitted by some electricity distribution companies (DisCos) to settle outstanding obligations to the Nigerian Electricity Market and service providers, warning that sanctions could follow.
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