X~Ray on Nigeria Media by Don Abiodun Odedeyi

The Nigeria media is daily becoming a laughing stock and I wonder what kind of professionals are coming into the industry.

On Wednesday October 22, 2014, I appeared on Radio 1's Business Today alongside Vice Chairman of the Lagos State Institute of Architect, Mrs. Titi Adeleye.

Before the start of the programme, I had a rap with the presenter (***), about her take on the topic we are about to discuss, HOUSING FOR ALL IN NIGERIA. What her own take about President Jonathan's low income housing estate is etc.

"AH", she replied, "I don't know o. Actually, I never prepared for this 'edition' really”. She ended her sentence with a mordant laugh and I just felt like wiping her grin face clean with a slap.

... Is this not a wasted effort, I mean my coming down from the Mainland part of Lagos to the Island for the programme?

From job to job to job, a life lived _ and lost By ADAM GELLER

In this Sept. 5, 2014 photo, Glen Carter, a 33-year-old Army veteran, morns as the casket of Maria Fernandes

ELIZABETH, N.J. (AP) — The fumes, reeking of gasoline, poured from the white Kia SUV as soon as an emergency medical technician broke one of the rear windows. Inside, the body of a dark-haired young woman with a beauty mark on her left cheek reclined in the driver's seat, keys dangling from the ignition.
But who was she? How was it that her life had ended here, in the corner of a convenience store parking lot, less than a mile south of Newark Liberty International Airport's runways?
Waiting for the vapors to clear so they could search her belongings, police noted the most obvious clue: She was wearing a familiar white-and-brown uniform. By that night, co-workers and friends had identified her as Maria Leonor Fernandes, 32 years old and single, who worked minimum wage jobs at three nearby Dunkin' Donuts shops — often grabbing an hour or two of sleep in her car between shifts.
Within days, Fernandes was being mourned as a tragic heroine, a victim of our times.

AFFORDABLE HOUSING FOR ALL. When? by Don Abiodun Odedeyi

 According to the 2006 Census, Nigeria's population is about 140million.

With this figure, providing adequate and affordable housing in Nigeria is definitely a matter of importance.

This vacuum is surely something private sector cannot face alone taking into cognizance huge investment the sector has witnessed over the years

The Lagos zone alone has seen the opening of Ibafo-Mowe-Ofada-Redeem axis, the Ikorodu-Ijede axis, the Sango-Ifo-Ota axis, Ibeju-Lekki-Ajah axis, Badagry-Ojo axis mainly by the private sector. It is no gainsaying that the efforts of the private sector have, largely, been out of the ordinary Nigerian’s reach.

The major headache of many financial houses to finance mortgage loan is the unpredictable economy. This has cut courage that won’t allow many financial outfits to elongate mortgage tenure more than 3-5years. 

To minimize risk, virtually all finance houses in Nigeria demand an equity contribution between 20-50% with remaining payment (80%) spread between 12 months and 60 months.

But what has been government's effort to this sector?

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