AGP Executive Report
Last update: 11 hours agoNigeria Housing Finance: The federal government wants to raise the maximum mortgage to ₦85 million, target 5,000 loans by 2028 and reserve 30–40% of bookings for informal-sector workers. It also plans to channel at least 70% of the previous year’s National Housing Fund contributions into mortgages. Land Rights: A Kenyan court convicted former Nairobi official Davis Chelogoi of fraudulently acquiring a Sh1.35 billion parcel, finding key title documents forged and ordering duplicate registrations cancelled. Coastal Highway Dispute: A developer whose estate was cut through by Nigeria’s Lagos–Calabar highway is challenging the government’s explanation for rerouting the project and seeking compensation, warning the dispute could deter investors. Urban Growth: Jigjiga’s expanding roads, malls, hotels and commercial buildings reflect rising investment in Ethiopia’s Somali regional capital, alongside a public-backed urban corridor project. Transport Links: Nigeria reopened the First Niger Bridge after 38 days of repairs, restoring a key connection between Asaba and Onitsha.
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