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over 1,400 FG’s low-cost homes remain unsold in five states

A new report released by a civic organisation- Paradigm Leadership Support Initiative (PLSI) has revealed that about 1,432 low-income homes across five states have remained unoccupied despite being completed.
This group also raised concern that despite N65 billion released to Family Homes Funds Limited (FHFL) between 2018 and 2020 to facilitate the development of affordable/social homes, most of them are yet to be subscribed by low-income earners.
The PLSI Executive Director, Olusegun Elemo, disclosed this while analysising the performance audit report on the management of resources for provision of affordable/social homes for low-income earners in Nigeria by Family Homes Funds Limited (2018-2020) in Delta, Kano, Ogun, Kaduna and Nasarawa States.
Elemo told newsmen in Abuja that the Federal Government in its bid to fulfill section 16 (2)(d) of the 1999 constitution as amended, stipulated that the government shall provide suitable and adequate shelter for all citizens, as well as the need to accelerate economic recovery through implementation of Economic Recovery and Growth Plan (ERGP) 2017 – 2020 initiated by the Family Homes Funds Limited (FHFL) in 2016 as a special purpose vehicle to help address the housing shortage by delivering affordable homes nationwide.
This was followed with implementation of Nigeria Economic Sustainability Plan (NESP) 2020, which planned to provide 300,000 social homes yearly for low-income earners to address the over 22 million housing deficits with a yearly growth rate of 20per cent, according to Shelter Afrique, a Pan-African Real Estate Finance Institution.
He stated that a report by Price Waterhouse Coopers (PwC) had indicated a deficit of over 17 million houses in Nigeria, and this requires about 700,000 new houses to be built yearly, compared to the less than 100,000 houses that are being constructed.
Similarly, the World Bank 2018 Report on Nigeria’s Affordable Housing Project revealed that the demand for affordable housing is huge and growing in the face of a sizable deficit and dearth of existing interventions that supports closing this gap.
The report further stated that macroeconomic conditions in Nigeria are the greatest impediments to affordable housing.
A seed capital of N500 billion was promised by the Federal Government for the provision of affordable/social homes for low-income earners, the government released N65 billion to FHFL between 2018 and 2020.
According to Elemo, despite the release of funds to FHFL to facilitate development of affordable/social homes, there are still visible challenges impeding acquisition of completed homes by low-income earners.
He said: “We have analysed the performance audit report on management of resources for the provision of affordable/social homes for low-income earners in Nigeria conducted by the Auditor-General for the Federation and highlighted challenges impeding acquisition of 1,432 homes built in five states.
“These challenges include the absence of need assessment by the FHFL, constraint with accessing completed homes due to lack of infrastructure and insufficient awareness creation for homes built among others.”
“PLSI will support the FHFL in mobilising buyers/off-takers within the target group of low-income earners to boost acquisition of homes built in Delta, Kano, Ogun, Kaduna and Nasarawa States.”
He called on the management of FHFL to improve on its efficiency and effectiveness in providing affordable/social homes to Nigerians.
Elemo urged FHFL to implement the recommendations offered by the Auditor-General for the Federation to address challenges hindering acquisition of homes built by low-income earners.
Headlines
China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

China has revamped its tax refund policy for foreign tourists, shifting from a refund-upon-departure model to a more convenient refund-upon-purchase system, according to the State Taxation Administration (STA).
The STA announced on Tuesday that under the new system, foreign visitors can now claim Value Added Tax (VAT) rebates instantly at designated tax-free stores. This change allows tourists to use their refunded amount immediately for additional shopping, enhancing their overall experience in China.
Previously, VAT rebates could only be withdrawn upon departure, but with the new policy, tourists will be able to access their refunds in real-time during their stay. The policy, which was initially tested in cities like Shanghai, Beijing, and Guangdong, has now passed all operational requirements and will be rolled out nationwide.
The STA emphasized its dedication to improving policy guidance and simplifying refund procedures to better serve international visitors.
Li Xuhong, Vice-President and Professor at the Beijing National Accounting Institute, welcomed the change, stating that the nationwide implementation would raise China’s tourism service standards. “It will foster a friendly, efficient, and convenient tourism environment,” Xuhong added.
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Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan’s Trade Office Claims

Rep. Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reiterated Nigeria’s firm commitment to the One-China Policy, following recent comments by Taiwan’s Trade Mission Head in Nigeria, Andy Yih-Ping Liu.
Speaking in Abuja on Tuesday, Yakubu firmly declared that Nigeria continues to recognize Taiwan as an integral part of the People’s Republic of China. He rejected Liu’s claim that Taiwan was not part of China, labelling it as “propaganda” aimed at undermining the strong diplomatic ties between Nigeria and China.
“For the record, United Nations General Assembly Resolution 2758, adopted in 1971, recognised the People’s Republic of China as the sole legitimate representative of all of China, including Taiwan,” Yakubu stated. “The One-China Policy remains the cornerstone of China-Nigeria relations.”
He emphasized that since Nigeria and China established diplomatic ties in 1971, the country has consistently upheld this principle. “Efforts by Taiwan’s trade office to challenge this stance are futile and will not succeed,” Yakubu added.
Yakubu criticized Liu’s comments as an attempt to draw Nigeria into China’s internal matters, accusing the Taiwanese official of deliberately sowing discord and provoking a diplomatic rift. “Nigeria’s relationship with China is built on mutual respect and non-interference in each other’s political matters,” he said.
In response to Liu’s claim that China acted as a bully, Yakubu pointed to the positive trajectory of Nigeria-China relations. “Contrary to these baseless assertions, Nigeria has enjoyed a mutually beneficial partnership with China, yielding tangible results for both nations. Since 1971, our ties have grown significantly.”
He highlighted the strategic nature of the partnership, referencing the elevation of the relationship to a Comprehensive Strategic Partnership during the 2024 FOCAC Summit in Beijing. “Today, Nigeria stands as China’s second-largest trading partner in Africa, with bilateral trade surpassing 20 billion dollars,” Yakubu noted.
Furthermore, Yakubu praised China’s role in Nigeria’s infrastructural development, with investments in sectors such as rail networks, roads, ports, power stations, and water treatment facilities.
Headlines
Shettima Warns Media Against Romanticising National Challenges

Vice President Kashim Shettima has cautioned Nigerian media practitioners against the growing tendency to romanticise serious national issues, describing the trend as a dangerous departure from the media’s constitutional duty of promoting truth and accountability.
Represented by his Special Adviser on Special Duties, Modibbo Umar, the Vice President issued the warning on Tuesday while delivering a speech at the 17th LEADERSHIP Conference and Awards held at the Old Banquet Hall of the State House, Abuja.
“We must resist the temptation to romanticise serious national issues or frame them in ways that distort public understanding,” Shettima said. “Doing so only weakens the fabric of our democracy and derails our collective efforts at nation-building.”
The Vice President’s remarks came as stakeholders in governance, business, and civil society gathered to reflect on the theme of the event, “Challenges and Opportunities in Nigeria’s Fiscal Federalism.” The conference provided a platform for thoughtful engagement on some of the country’s most pressing issues, with a focus on the responsibilities of leadership at all levels.
Shettima also used the occasion to commend LEADERSHIP Newspapers Group for its consistent contributions to national discourse and its commitment to celebrating excellence in leadership.
“I commend LEADERSHIP Newspaper for the vision to convene this vital discourse and for shining the light on those who have chosen to lead with courage and competence. May we never tire of striving for a better Nigeria,” he said.
The annual LEADERSHIP Conference and Awards continues to be a major event that brings together influential voices to deliberate on national progress and honour individuals and institutions making meaningful impact in society.
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