₦airaland Forum

Ministry of Finance Incorporated (MOFI) says Nigerians have started accessing affordable long-term mortgage facilities at 9.75 per cent.

The mortgage facilities extend as long as 20 years, a radical initiative aimed at bridging the country’s estimated 20 million units housing gap.

Chief Executive Officer, (MOFI), Dr. Armstrong Takang, said several beneficiaries across geopolitical zones have successfully accessed the single-digit, long-term mortgage fund, barely one month after it was launched.

He explained that the newly established MOFI Real Estate Investment Fund (MREIF), a Securities and Exchange Commission (SEC)-regulated housing fund designed to strengthen Nigeria’s housing finance sector, radically redefining the housing sector.

Takang made the disclosure at the Africa International Housing Show (AIHS) in Abuja.
He described the MREIF as a much-needed, long-overdue intervention in the housing sector with real capacity to radically transform the entire housing value chain and deliver long-term impact.

According to him, through innovative financing, the federal government is poised to radically bridge the housing gap in Nigeria under a scheme designed for sustainability and wide-ranging impact.

He said the N1 trillion SEC-approved and regulated MREIF was structured to provide market-aligned mortgage solutions and tackle the systemic issues that have long plagued Nigeria’s housing sector—such as short mortgage tenors, high interest rates, and poor refinancing options.

He said: “MREIF was designed to hedge against liquidity challenges, corporate governance issues, accessibility barriers, and the perennial challenge of sustaining initiatives for the long-term”.

He explained that the Fund operates under a Public-Private Partnership (PPP) structure with MOFI serving only as the sponsor.

The Fund itself is managed independently by a Fund Manager and is open to institutional investors.

It enjoys top-tier credit ratings—a AAA rating from Agusto and an AA rating from GCR—boosting its credibility in financial markets.

He pointed out that MREIF provides not only mortgages to homebuyers but also offtake guarantees to developers, ensuring that properties are purchased and projects are commercially viable.

There are indications that the Peoples Democratic Party (PDP) is making frantic efforts to lure President Goodluck Jonathan to its fold for the party’s presidential ticket in 2027.

The Guardian gathered that a strong lobby of high-placed stalwarts has been mandated to convince Jonathan with the offer of an automatic ticket due to reservations about Mr Peter Obi’s purported plan to return to the PDP.

This is just as former Minister for Information and National Orientation, Prof Jerry Gana, noted that even though the 2023 Presidential candidate of Labour Party (LP), Obi, is a good candidate, the PDP has a better candidate.

Gana, during a national television programme on Arise Television, Primetime, disclosed that Obi would easily win the presidency if he returns to PDP, explaining that the party’s structures in the northern part of the country would guarantee his ballot numbers.

However, checks by The Guardian revealed that some chieftains of the party who are interested in contesting the 2031 presidential poll announced their preference for the former president Jonathan, saying that the constitutional limit of two maximum terms limits the former president to just one term of four years.

A member of the PDP Board of Trustees, who did not want his name in print, confided in The Guardian that despite Obi’s assurances of serving for just one term if elected as president, the feelings among the majority of party leaders are that Jonathan will not subject the party or Nigerians to second-guessing.

He said: “Let me tell you straight away, serious efforts are being made to pull Jonathan into the race. From the look of things, our northern colleagues believe that it is necessary to get the former president to come in and complete his second term.

“It is not that the Obi option has been ruled out, but developments in the Labour Party and the coalition make it risky to put all our eggs in one basket. We do not want a situation that could leave the party scratching around to field a strong contender.”

It was gathered that discussions about the feasibility of bringing back former President Jonathan formed part of the engagement among some party stalwarts in The Gambia, alongside issues on financing the party and funding the forthcoming presidential contest.

Special Assistant to Governor Bala Mohammed, Lawal Muazu, had last Thursday revealed that his principal, Governor Mohammed, Senator Abdul Ningi, and Dr Jonathan were part of a delegation to a summit focused on bilateral relations and promoting democratic governance in The Gambia.

Muazu explained in a post on his Facebook page that the visit was also seen as part of ongoing efforts to strengthen the role of African statesmen in conflict resolution, good governance, and electoral support missions within the continent.

“The delegation engaged with Gambian leaders and stakeholders on matters related to peacebuilding, regional stability, and democratic development,” he added.

Exactly one year ago, Mohammed had informed a group urging him to join the presidential race that the only way he would not heed their call was if former President Jonathan was persuaded to contest in the 2027 presidential election.

Pledging to throw his weight behind the former President, the Bauchi State governor, who is also the Chairman of PDP Governors’ Forum, stated that he would support the ex-president.

“With regard to your call for me to present myself, I know there are good leaders within the PDP, especially my boss, Goodluck Jonathan. I have always said that as long as Jonathan is around, I will not present myself for leadership of this country unless he decides not to run,” he said.

“If we can persuade him to come forward, I will support him with my blood. Out of modesty, he is still not ready. I hope you will meet him and encourage him to run,” the Bauchi governor stated while responding to a group urging him to run for president in 2027.”

On whether Obi appeared reluctant to return to PDP, a leader of the Obidient Movement in South East, Dr Ezeh Emmanuel Ezeh, told The Guardian that no sane person would advise the former LP presidential contender to join the main opposition party in its embattled state.

Ezeh pointed out that it is only after the PDP holds its elective convention coming up in Ibadan, Oyo State, in November that the party could return to reckoning, stressing that it is risky to swim in a river filled with sharks and crocodiles.

festacman:
Two things.

One, a typical Nigerian 2-term president actually do EFFECTIVE governance for four years out of eight because of reelection bid and succession shenanigans. Just like what is currently happening in Nigeria.

Two, any elected presidential candidate who moves into the Aso Rock Villa with well-researched, brainstormed and developed compendium of transformative policy ideas, vital reforms, programs, etc to solve critical national problems and boost economic activities will hit the ground running. And he would achieve a lot in four years.

Our bar is too low in Nigeria that since the return to democracy in 1999, we have had 26 years of slow motion governance with a lot of looting. We deserve better.

Nigeria’s women’s basketball team, D’Tigress, have jokingly declared that they’re “practising hard for President Bola Tinubu’s $100,000 reward”, as they prepare for the final of the 2025 FIBA Women’s Afrobasket Championship in Côte d’Ivoire.

Nigeria's D'Tigress crush Cameroon 83-47 to advance to the semifinals of the 2025 Women's AfroBasket.

Following President Tinubu's recognition of the Super Falcons for their 10th WAFCON victory, they were awarded the national honour Officer of the Order of the Niger, a $100,000 prize, and three-bedroom apartments in Abuja's Renewed Hope Estate.

After winning the WAFCON, President Tinubu has promised the Super Falcons $100,000, a 3-bedroom apartment, and a national honor.

In a lighthearted moment shared on their X (Twitter) platform a fter their semifinal victory over Senegal, they referenced a $100,000 cash reward.

“We’re practising for President Tinubu’s $100,000,” D'Tgress posted.
One more to go @afrobasketwomen
Practicing $100k dance for @officialABAT pic.twitter.com/MLvZbmlEkHl
— DTigress (@DtigressNG) August 3, 2025

Nigeria’s senior women’s basketball team, D’Tigress , on Sunday night etched their name deeper into continental basketball history with a dominant display that secured their fifth consecutive FIBA Women’s AfroBasket title and seventh overall.

The historic win, achieved at the Palais des Sports in Treichville, Abidjan, Côte d’Ivoire, drew instant commendation from President Bola Ahmed Tinubu, who hailed the team’s feat as a proud moment for the nation.

In a celebratory post on his verified X handle, @officialABAT, the President lauded the players and technical crew for their “superb performance” and reaffirmed his unwavering support for the victorious squad.

“You did it, girls! @DtigressNG. Superb performance to become 5x consecutive Champions of Africa and seventh overall,” the President wrote.

“Well done, Coach Rena and the team. You have made Nigeria proud. I am expecting you all, along with the trophy. #MissionV – Done & Dusted,” he added, signing off with his initials, “~ PBAT”.

D’Tigress’ victory cements their dominance in African women’s basketball, extending a remarkable winning streak that began in 2017.

Under the guidance of Coach Rena Wakama, the team exhibited discipline, resilience, and tactical superiority throughout the tournament.
With this latest triumph, Nigeria now stands alone at the top as the team with the most consecutive AfroBasket Women titles, underlining the strength of the nation’s women’s basketball programme.

AMINDA:
Lol. Don't be clever by half. Post the source link here for everyone to access.

AMINDA:
Like we always say, the days of the media superiority of the Lagos-Ibadan Expressway newspapers are long gone. Rotimi Chibuike Amaechi was Buhari’s campaign manager both in 2015 and 2019 and he delivered on both occasions. You all cannot rewrite history. The claim that Buhari sidelined Tinubu is also another blatant lie that will be a topic for another day.

https://statehouse.gov.ng/news/president-buhari-names-campaign-organisation/

AMINDA:
Tinubu has sent all his ministers and political appointees to begin lobbying the North and the elections are still 2 years away. Why not just focus on good governance. Later, Agbadorians will invade the thread to tell you that Tinubu isn't scared. When is the next governor decamping to the APC? We hear Pastor Umo Eno and Governor Sheriff are not finding it easy with their people.

Typing:
The North will not back Tinubu. He is incompetent and we will show him shege in 2027

My younger brother, who serves as the Chairman of Next Limited, and I have spared no effort in trying to identify and reach out to the woman who lays claim to the property in question, with the sincere intention of exploring a peaceful and amicable resolution. Regrettably, all such efforts have yielded no fruitful outcome, as she remains evasive and inaccessible.

" masquerading as coming from a place of patriotism within a certain movement ( Obidients) but having deep roots in misgovernace of APC and the calculation of Tinubu's men.."

Popular singer, Iyanya seeks to reward a nurse who was confronted and ridiculed by her colleagues for showing up to work despite the national strike action by the union.


A video which popped up online shows an elderly nurse who was being mocked by her colleagues for coming to work despite the strike.

recalls that days ago, nurses in the country had gone on strike to protest over unmet demands, including improved welfare, fair allowances, and better working conditions in federal health institutions.

The video sparked sympathy from Iyanya who sought to gift her 500K.


However, some netizens opine that he would only be rewarding bad behaviour as the strike was a collective action which she ought to be a part of.

Iyanya said …

“Can someone find her for me, I want to give her 500k. She is not a health care worker for the money but for human lives.
Someone find her for me please.”

One netizen replied …


“Why do some Nigerians love rewarding bad behavior”

Iyanya replied …

“What’s your definition of bad behavior?
A nurse decided not to go on strike so she can save lives being at work is bad behavior to you? She is an essential worker and she deserves some compensation, and the way she was humiliated was wrong. Find her for me, I have 500k for her immediately.”

In a post shared on Friday via his official X (formerly Twitter) account, Bashir wrote: “Nigeria can become great again. Unfortunately or fortunately (depending on context) a few certain people have to kpai (die) to achieve this dream.”

B ashir El-Rufai, son of former Kaduna State Governor Nasir El-Rufai, has sparked outrage on social media after declaring that certain people must be killed for Nigeria to attain greatness.

In a post shared on Friday via his official X (formerly Twitter) account, Bashir wrote: “Nigeria can become great again. Unfortunately or fortunately (depending on context) a few certain people have to kpai (die) to achieve this dream.”

The comment, which many users described as dangerous and inciteful, quickly drew sharp reactions on the platform, with some users questioning the moral compass of the former governor's son and accusing him of promoting violence as a political ideology.

One user, identified as Shozy, fired back, “Hand over your dear dad, he's part of the system that brought us to this point. But I'm sure you can't because you're already following in his footsteps, you can't acknowledge his flaws.”

In a swift response, Bashir defended himself while indirectly distancing from his father's legacy:

“Anyone that knows me knows I wholeheartedly acknowledge his flaws, furthermore I often disagree with many of his views. That is the sort of family I was raised in.”

Shozy replied, “If you acknowledge his flaws, are you promising to deliver him to be unalived among the people you're proposing that should be killed for the betterment of our country? Do you have the balls to make that tough decision, do you love the country that much to sacrifice him?”

Despite his attempt to clarify his stance, many Nigerians saw Bashir’s original statement as reflective of a growing disdain among political elites for democratic processes and the rule of law.

Some netizens also pointed out the irony of someone from a powerful political dynasty suggesting that “a few certain people” should be eliminated, without explicitly naming who those individuals are.

An X user, Ola said: “Your dad is leading in this one and definitely first that need to make way for the new generation.”

Another user, Tolu wrote: “Son of terrorist, bred by chaos, mentored by bloodshed, now tweeting like a saint.”

Ifedayo (JIMCRUZ) wtote, “So you’re wishing death on your father? I’m shaking right now.”

Oluwasayofunmi wrote, “Yes you are Right …I Nominate 1…@elrufai 2…@elrufai 3..@BashirElRufai
“We all know how he said if any foreigner intervene in Nigeria politics they will return in Body Bags ..
@grok fact check me please.”

Ikwere wrote: “Truth of the matter is, I like you as one of the best legislators we have right now?
“But most times you tweet carelessly. I mean you should have some sense on leadership even when online so most of these tweets don't come back to hunt you.I love the bills you propose though.”

Another user, Armstrong wrote: “This is a reckless statement to say, people will start interpreting their own way very soon. You of all people should know how volatile the nation is when it comes to politics.”

Shunom wrote: “Nig will be good, remind your father that forgiveness is possible if he supports @PeterObi i served ur father as DG in my LG 2015. despite my contributions, I feel that he undermined my career advancement. I'm hoping that supporting aworthy cause can help heal past wounds."

Samfizzy wrote: “Your father first, charity begins at home, kpai your father first and we will handle ours . I heard your father borrowed money sotey Kaduna almost got taken over by China.”


El-Rufai’s Tainted Profile

Bashir’s father, El-Rufai, is accused of misappropriating ₦432 billion during his eight-year tenure between 2015 and 2023, leaving Kaduna State with significant debt liabilities.

In April 2025, the Kaduna State House of Assembly launched a probe via a 13-member ad-hoc committee to investigate alleged corruption, including money laundering and misuse of public funds.

El-Rufai has sued the Assembly, challenging the findings and defending his administration’s financial record.

Ethno-Religious Crisis During El-Rufai’s Tenure

His administration was marked by persistent ethno-religious violence, especially in Southern Kaduna, a region with a history of Christian-majority communities clashing with Fulani herders and other groups.

Temitope Ajayi, a presidential media aide, accused El-Rufai of deepening insecurity and fostering division, stating that his leadership created a “polarised and volatile” environment.

El-Rufai’s tenure is remembered for political divisiveness, fear, and distrust.

El-Rufai’s successor, Uba Sani, has emphasised inclusive governance and claims to have resolved the ethno-religious crisis through justice, equity, and fairness.

According to Sani, no ethnic-religious crisis has occurred in Kaduna since he took office in 2023, attributing this to his efforts to build elite consensus and promote unity.

Raskimonojendor:
Was Jaja wachukwu and the Eastern delegate in the 1950s a joke to you lol.

He said: “You drive from Abuja to Kaduna now because we killed those bastards:

The National Security Adviser, NSA, Nuhu Ribadu, has bragged about taking out notable terrorists in the Northern part of Nigeria.
Ribadu gave their identities as Kachalla Boka, Dogo Isah and Kachalla Shekau.

According to him, the trio were in crontrol of the Abuja-Kaduna expressway, but have now been killed.

The NSA noted that the development has made the country’s highways safer, thereby encouraging ministers to travel by road instead of flying.

Ribadu revealed this at an interactive session organised by the Sir Ahmadu Bello Memorial Foundation in Kaduna State.

He said: “You drive from Abuja to Kaduna now because we killed those bastards: Kachalla Boka, Dogo Isah, and Kachalla Shekau were in control of those areas.

“Even last night, we drove from Abuja; it’s a statement we want to make.

“All the ministers, we stopped everyone from flying.”

ShoeMarket:
As much I hate people saying Lagos is no man's land, we must ask Lere how many of these kings he mentioned are true lagosians?

Islie:
https://dailytrust.com/money-gifted-to-super-falcons-can-pay-16000-doctors-66000-teachers-others/

Nlfpmod

AMINDA:
Are Agbadorians back to putting words into people's mouth? Is this how they plan to win his re-election. No-one has accused Tinubu of not giving appointments to the North or South, they've only accused him of tribalism and it's clear to see. The Northcentral stretches across 6 distinct states with diverse tribes but Tinubu's Northcentral appointments only go to the Yoruba-speaking parts of Kogi and Kwara. That's tribalism.