Business A.M
No Result
View All Result
Thursday, February 12, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Frontpage

Nigeria FG has no business with housing, says Femi Okunnu, former minister

by Chris
February 3, 2019
in Frontpage

By Sodiq Ajala

 

Nigeria’s federal government has no business getting entangled in the business of building houses as that responsibility constitutionally belongs to the federating units, the states.

Former federal commissioner (minister) for works during the military government of General Yakubu Gowon, Lateef Femi Okunnu, a senior advocate of Nigeria (SAN), told business a.m. in an exclusive interview to be published on Monday, 4 February, 2019, that the federal government, since the 1979 and 1999 constitutions, have been usurping the functions of states, including housing provision.

In August 2017, the federal government of Nigeria announced it was embarking on a national housing scheme across 33 states of the federation.

The plan, according to the announcement, would involve building 2,736 housing units across the country.

Hakeem Bello, special adviser on media and communications  to the minister of power, works and housing, Babatunde Raji Fashola,  quoted the minister as announcing this in Abuja at the Sixth National Council Meeting on Lands, Housing and Urban Development which focused on the theme: “Building for Inclusion, Growth and Prosperity.”

Before this, there had been several federal housing estates across the states in Nigeria. The Katangora federal housing estate in Alimosho, Lagos, is one of such.

But Okunnu told business a.m. that, “The Federal Government has no business with housing. It has no land to build houses in these states.”

According to him, the Nigerian constitution stated exclusive roles such as banking, currency, external affairs, immigration, citizenship to the federal government but housing is certainly not the federal government role.

“This is not a true concept of federalism,” he said.

Okunnu’s position brings to the fore the debate about how the central authorities have become so powerful that states now have to shuttle to Abuja, the federal capital with begging bowls to queue for their share of revenues.

The federal government has often been accused of forcefully taking over certain roles of states in a federal system, and that the states have tended to appear ignorant while burying such  a weighty matter in politics.

As Femi Okunnu told business a.m. “This is one of the problems limiting Nigeria as a country. Until we fix this, we’re going nowhere as a country.”

Previous Post

Energy, fire, motor top in N4.2bn claims payment by Sovereign Trust in 2018 as firm commits to insured citizens

Next Post

Bank borrowers’ woes to increase as IFRS9 rule may contract lending

Next Post

Bank borrowers’ woes to increase as IFRS9 rule may contract lending

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026
Egbin Power targets youth employability with tech skills initiative

Egbin Power targets youth employability with tech skills initiative

February 10, 2026
inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

February 10, 2026

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

inDrive doubles Nigerian courier workforce as app-based delivery gains traction

inDrive doubles Nigerian courier workforce as app-based delivery gains traction

February 11, 2026
Affordability becomes key economic variable ahead of 2026 FIFA world cup

Affordability becomes key economic variable ahead of 2026 FIFA world cup

February 11, 2026
Access Holdings charts new course for pan-African expansion in value optimisation drive

Access Holdings faces regulatory speed bump in Bidvest acquisition

February 11, 2026
Releaf Earth’s credits put Africa’s carbon finance ambitions in spotlight

Releaf Earth’s credits put Africa’s carbon finance ambitions in spotlight

February 11, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • Egbin Power targets youth employability with tech skills initiative

    0 shares
    Share 0 Tweet 0
  • inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

inDrive doubles Nigerian courier workforce as app-based delivery gains traction

inDrive doubles Nigerian courier workforce as app-based delivery gains traction

February 11, 2026
Affordability becomes key economic variable ahead of 2026 FIFA world cup

Affordability becomes key economic variable ahead of 2026 FIFA world cup

February 11, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M