Business
Public-Private Partnership, Panacea To Housing Deficit – Expert
A housing expert, Mr William Odudu, has said that more initiatives on Public-Private Partnership (PPP) projects would help to surmount the nation’s lingering housing deficit.
Odudu, a former President, Nigerian Institution of Estate Surveyors and Valuers (NIESV), made the observation in an interview with The Tide source in Lagos on Thursday after the NIESV Annual General Meeting.
According to him, cordial relationship among government, corporate and cooperative organisations, non-governmental organisations and other stakeholders in the housing sector will help to provide houses for the masses.
He said that the private sector had the resources to provide answers to the problem of housing deficit in the country.
According to him, enormous other contributions are needed to supplement governments’ efforts to address the housing shortage in the country.
“Since our housing needs are increasing as our population grows, it is necessary to look for other effective alternatives to tackle this menace of housing shortage.
“With the collective efforts of the private sector, our housing challenges will be a thing of the past,” he said.
Odudu said that the provision of shelter to the citizenry was wholly the responsibility and obligation of government.
“Every citizen is entitled to a livable and affordable accommodation from the government.
“But since it has became difficult for government to accomplish this duty due our growing population and other hindrances, it is best to liaise with other entities to achieve the task.
“Government, however, needs to put the enabling environment in place for PPP to become functional, “ he said.
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.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Sports4 days ago
CAFCL : Rivers United Arrives DR Congo
-
Sports4 days ago
FIFA rankings: S’Eagles drop Position, remain sixth in Africa
-
Sports4 days ago
NPFL club name Iorfa new GM
-
Sports4 days ago
NNL abolishes playoffs for NPFL promotion
-
Sports4 days ago
NSF: Early preparations begin for 2026 National Sports Festival
-
Sports4 days ago
Kwara Hopeful To Host Confed Cup in Ilorin
-
Sports4 days ago
RSG Award Renovation Work At Yakubu Gowon Stadium
-
Politics4 days ago
Rivers Assembly Resumes Sitting After Six-Month Suspension