Business
National Housing Policy: Minister Tasks Stakeholders
The Minister of Lands, Housing and Urban Development, Ms Amal Pepple, has called on all stakeholders in the Land and Housing Sector to play major roles in enhancing the contributions of the sector to sustainable national development.
The minister made the call yesterday at the Hotel Presidential, Port Harcourt during the 2nd meeting of the National Council on Lands, Housing and Urban Development.
She said this year had witnessed remarkable improvement in the sector following the approval by the president, of the National Housing Policy and the National Urban Development Policy. The Minister noted that with the umbrella policies in place, there would be no excuse for not making progress in the sector, and urged that “elements of the policies should be translated into concrete actions through the implementation of innovative projects and programmes.”
The minister pointed out that one of the key decisions reached at a Housing and Finance roundtable held in Abuja recently, was the establishment of a committee comprising Nigerian banks, the Central Bank of Nigeria (CBN) supported by the World Bank and the International Finance Corporation (IFC) and explained that “the objective of the policy was to develop a facility aimed at significantly scaling up access to mortgage for the benefit of the people.
As a further commitment to the revitalisation of the Housing and Urban Development Sector, the minister stated that President Jonathan recently convened a presidential stakeholders’ retreat on Lands, Housing and Urban Development, at which far reaching recommendations were made to reinvigorate the sector in key areas such as, Land tilting, Housing, finance, affordable housing delivery, Low-Income Housing and Urban Development.
She disclosed that recommendations at the retreat were to be translated into a set of actions for implementation by all tiers of government and other relevant stakeholders, to bring a new lease of life to the Housing and Urban Development sector. Stakeholders who spoke at the event commended the Federal Government over the new innovations in the Land, Housing and Urban Development sector.
Taneh Beemene
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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