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Nigeria collaborates UK/German group to build 30, 000 homes across Nigeria

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The housing initiative of the Federal Government Social Intervention Program has received a huge support from the United Kingdom and Germany as it recently birthed a collaboration to provide affordable housing by the duo of Family Homes Funds Limited in Nigeria and the Argisol Group operated in Germany and United Kingdom.

 

The agreement is to promote sustainable and energy-efficient homes that reduce GHGE . The multinational agreement is expected to provide 30,000 Homes over 5 years across Nigeriam. The agreement will contribute to bridging the housing gap in Nigeria.

 

The deal was sealed in Abuja recently as an MOU with the Family Homes Funds Limited was signed to broadly outline the principal terms and conditions under which the two corporations would collaborate under an Engineering, Procurement, Construction, and Finance (EPC+F) partnership framework to build 30,000 units of mix-income affordable housing for the benefit of Nigerians across the country utilizing the ARGISOL Insulated Concrete Formwork (ICF) Buildings Systems over a period of five (5) years.

 

Unlike many of its competitors, Argisol Building Systems makes it possible to construct energy-efficient and sustainable buildings that significantly reduce greenhouse gas (GHG) emissions. Backed by the power of the German Argisol Technology – the World’s Leading Insulated Concrete Formwork (ICF) building system – Argisol has supported and promoted sustainable building practices with a focus on energy efficiency and GHG emission reduction since 1982, in conformity with UNEP’s Sustainable Buildings and Climate Initiative (SBCI) and the IFC’s Green Buildings Market Transformation Program (GBMTP).

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Registered in 2017 and commencing operations in 2018, Family Homes Funds is Sub-Sahara Africa’s largest housing fund focused on providing affordable homes for Nigerians on low income. It is a social housing initiative promoted by the Federal Government of Nigeria as part of its Social Intervention Programme with initial shareholding by the Ministry of Finance Incorporated (MOFI) and the Nigeria Sovereign Investment Authority (NSIA).

 

Homes to be built will be designed to appeal to a broad range of homeowners across all income groups, including, public servants and those employed in the private sector as well as self-employed entrepreneurs.

 

“We are thrilled to introduce Argisol Homes to the Nigerian Market,” said the company’s UK Chairman, Joseph Ejim. “We believe that our Homes offer a much more energy efficient and sustainable alternative to traditional hollow concrete block or brick buildings as the cost saving achieved during construction continues throughout the lifespan of the building in the continuous savings from energy costs.”

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According to Mr Giles Catchpole, Executive Director, Argisol UK, “Africa is due for the right modern method of construction that would create homes that are stronger than conventional builds, Fire resistant, Roth and mold proof, a system that cuts down on reinforcement by up to 60% and allows for construction to be done in one-third of the time it takes to build with traditional methods, Argisol is that and much morel”

 

Argisol will now build its first Nigerian Factory capable of producing its building systems for up to 15,000 homes a year on its 2-hectare plot of land at the Abuja Technology Village.

 

The company which boasts of the leading ICF technology in the world today has an exclusivity pact with Family Homes funds for the Nigerian Market. The company is however present in Kenya, Uganda, and South Africa where it is at various stages of deployment at the moment.

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“We’re excited about the potential for building our higher quality, Energy efficient homes across Nigeria and becoming a major player in the Nigerian Housing market,” added Dr.Aliyu Ibrahim a Director of Argisol Building Systems ATV FZE the Nigerian subsidiary of the Argisol Group. “Our goal is to provide Home buyers with homes that deliver the comfort, spacious living, and safety they need to thrive in their daily pursuits”

 

The Argisol launch in the Nigerian Market is expected to generate significant interest among Builders, Real estate developers Home buyers, and other industry insiders alike, as the companies look to take on the challenge of helping bridge Nigeria’s housing Gap currently estimated at over 20 Million Homes.

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Tinubu, governors present as Bello Matawalle’s 10 children wed in Abuja

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President Bola Tinubu,  President Carlos Manuel Vila Nova of the Democratic Republic of São Tomé and Príncipe and several governors were among the dignitaries who attended the wedding of the children of Bello Matawalle, minister of state for defence.

Matawalle celebrated the weddings of his ten children, five daughters and five sons, at the National Mosque, Abuja, on Friday.

The minister gave away his daughters—Maryam, Safiyya, Farida, Nana Firdausi, and Aisha—while his sons—Ibrahim, Abdul Jalal, Surajo, Bello, and Fahad—also tied the knot.

The Islamic ceremony was officiated by Imam Luqman Zakariyah, who prayed for Allah’s blessings on the marriages and for success in the couples’ future lives.

Tinubu received the brides on behalf of the Matawalle family, welcoming them into their new homes.

The high-profile wedding attracted the crème de la crème of Nigerian politics.

Notable dignitaries in attendance included Deputy Senate President Barau Jibrin and Ibrahim Masari, Senior Special Assistant on Political Affairs.

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Several governors were also present, including Ahmad Aliyu of Sokoto, Umar Namadi of Jigawa, and Nasir Idris of Kebbi.

In a post via X, Matawalle expressed his deep gratitude to Tinubu and Vila Nova for attending the ceremony, describing their presence as a rare and honourable privilege.

He further appreciated all dignitaries, family, friends, and well-wishers who joined physically or in prayers, wishing them safe journeys back to their destinations.

“Today, I am deeply honoured and profoundly grateful to His Excellency, President Bola Ahmed Tinubu, GCFR, for graciously serving as Wali at the wedding Fātiḥa of my children, held at the National Mosque, Abuja. I remain sincerely honoured by this rare privilege,” he wrote.”

“In addition, the presence of the President of the Democratic Republic of São Tomé and Príncipe, His Excellency President Carlos Vila Nova, added immense meaning to this joyous occasion, and I deeply appreciated it.

“I also wish to extend my heartfelt appreciation to everyone who joined us physically and in prayers to share in our joy. Your presence, prayers, and goodwill are truly cherished and deeply appreciated.

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“To my esteemed colleagues in the Federal Executive Council, Governors, members of the National Assembly, friends, family members, and well-wishers from across the nation, I am eternally grateful for the overwhelming love and kindness shown to me and my family.

“I also pray that Allah rewards abundantly all those who travelled from far and near to celebrate with us, and I ask Allah to grant you a safe and peaceful journey back to your respective destinations.”

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APC is my natural home, says Iyabo Obasanjo

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Iyabo Obasanjo, daughter of ex-President Olusegun Obasanjo, has confirmed her membership in the All Progressives Congress (APC) in Ogun state.

Iyabo spoke on Saturday during an interactive programme on Eagle7 Sports Radio 103.7 FM, anchored by Segun Odegbami.

Explaining her return to politics, Iyabo said the decision was driven by sustained pressure from supporters.

“Like I told you, a group of people who I did not bring together, I did not form them into a group, have been working, I think, for two years now,” she said.

“And then they started talking to me about a year ago, saying, ‘Look, we think you are the best candidate. We want you back.’”

She said she could not return to the Peoples Democratic Party (PDP), where she previously contested elections, citing internal crises.

“I could not go back to the PDP because of all kinds of turmoil,” she said.

Iyabo disclosed that she also considered the African Democratic Congress (ADC), but said the party was not yet fully organised.

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“The ADC was another option, but they don’t have their ducks in a row yet; they’re still working on it,” she said.

According to her, those who encouraged her return to politics are now members of the APC, a factor that influenced her decision after wide consultations.

“So, I think APC is my natural home. I don’t have any animosity towards any individual or any group within the APC,” she said.

“I feel more comfortable with all the actors I know within the APC… I feel more comfortable, actually, than with some of the actors I know in the PDP, and some of them are now in the ADC.

“So I think it’s my natural home. I feel quite confident and happy to have made that decision.

“I have an absolute 100% feeling it’s my natural home.”

Iyabo represented the Ogun central senatorial district between 2007 and 2011. She lost her re-election bid in 2011 to Gbenga Obadara of the then Action Congress of Nigeria (ACN).

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She later relocated to the United States, where she pursued an academic career and rose to the rank of professor. She is also a former commissioner for health in Ogun.

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Nigerian jailed eight years for $6m scam in US

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MAN JAILED FOR LIFE

A United States court has sentenced one Tochukwu Albert Nnebocha, a Nigerian national, to 97 months’ imprisonment for participating in a transnational inheritance fraud scheme that targeted elderly and vulnerable Americans.

According to a statement published on the US Department of Justice website on Friday, “a Nigerian National was sentenced today to more than eight years in prison for participating in a years-long conspiracy to defraud elderly and vulnerable Americans through an inheritance fraud scheme.”

The DOJ stated that Nnebocha, who is 44 years old, and his co-conspirators “operated a lucrative transnational inheritance fraud scheme that exploited vulnerable people in the United States” over a period exceeding seven years.

The statement read, “According to court documents, Tochukwu Albert Nnebocha, 44, of Nigeria, and his co-conspirators operated a lucrative transnational inheritance fraud scheme that exploited vulnerable people in the United States.

“Over the course of more than seven years, Nnebocha and his co-conspirators sent hundreds of thousands of personalized letters to elderly individuals in the United States, falsely claiming that the sender was a representative of a bank in Spain and that the recipient was entitled to receive a multimillion-dollar inheritance left by a deceased family member.”

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According to the US DOJ, victims were subsequently instructed to pay various fees before accessing the fictitious inheritance.


“The conspirators then told the victims that, before they could receive their purported inheritance, they were required to send money for purported delivery fees, taxes, and payments regarding the inheritance. In total, the defendant and his co-conspirators defrauded over 400 U.S. victims of more than $6 million,” the statement read,

The DOJ added that “in total, the defendant and his co-conspirators defrauded over 400 U.S. victims of more than $6 million.”

The statement disclosed that Nnebocha was arrested in Poland in April 2025 and extradited to the United States in September 2025.

He later pleaded guilty in November 2025 to conspiracy to commit mail fraud and wire fraud.

At sentencing, the court ordered 97 months’ imprisonment, three years of supervised release and restitution exceeding $6.8m to victims.

The department noted that “this is the second indicted case related to this international fraud scheme,” adding that eight co-conspirators from the United Kingdom, Spain, Portugal and Nigeria had previously been convicted and sentenced.

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The case was investigated by the US Postal Inspection Service and Homeland Security Investigations, with assistance from the Federal Bureau of Investigation’s Legal Attache in Poland, INTERPOL, Polish authorities, the US Attorney’s Office for the Southern District of Florida, and the DOJ’s Office of International Affairs.

Senior Trial Attorney Phil Toomajian and Trial Attorney Joshua D. Rothman of the Criminal Division’s Fraud Section are prosecuting the case, according to the statement.

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