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Real Estate firm offers 70 % mortgage funding for home ownership, Residency in Abu Dahbi

An Abuja-based Real Estate firm, WEPHCO Technologies has entered into a partnership with the government of Abu Dhabi to provide investment opportunities for interested Nigerians in the public and private sectors to invest in the gulf state’s rising real estate sector.
The mouth watering deal offers Nigerians up to 70 % mortgage financing to enable them own homes in Abu Dhabi which comes with an offer of residency.
The firm enjoins civil servants to take advantage of the offer to prepare for life after retirement with an investment that guarantees an appreciable returns.
Founder/ CEO of WEPHCO Technologies, Harvey Wisdom Nwachukwu said this while speaking with journalists at the sidelines of the Abu Dhabi House Extravaganza, NetZero Investment event held in Abuja, on Saturday.
According to him, what the partnership is introducing to Nigeria and Nigerians is a pre and post-retirement investment opportunity for investment in real estate.
He said, “What we are introducing into Nigeria is post and pre-retirement investment funding and this post and pre-retirement investment opportunity. It is an avenue where by Nigerians who are in the public and private sector including civil servants can invest their funds while they are still working and after retirement then they can have something to fall back on. The Post and pre-retirement investment funding opportunity.
“Wepco is here to help Nigerians to invest in real estate and other beneficial areas that can enhance their success and as a result of that we are partnering with Abu Dhabi government to bring about this NetZero investment projects which is the Wepco Abu Dhabi House Extravaganza programme which we did today.
“With this Abu Dhabi Extravaganza Housing projects, every civil servant in our communities both post and retired civil servants can find a way of investing their money and get high level of return which we call the ROI which come from less than 10-30% return investment.
“As we all know, the Abu Dhabi is a tourist location with 80% tourism and some of the benefits which you will enjoy over there is the stability of the economy, zero percent taxation and other benefits which go with having even residence those areas,” Nwachukwu said.
He explained that with UAE residency, you can travel upto 198 countries in the world either visa free or with visa on arrival.
This, he said, confers on Nigerians who enjoy traveling across the globe an added advantage because our laws recognize dual citizenship.
According to him, other people can have their money kept in the banks over time without investing it, such funds he noted could lose about 13 percent of their value but when it is invested in real estate for example, it not only improves in value with time, it also serves as a legitimate investment with high returns.
He further said, “With the contract which we have signed with the UAE government beneficiaries can have more return in investment which can serve them while they are sleeping at home. We have bring this to serve Nigerian communities and the entire West Africa.
“With the NetZero investment if you are a civil servant you can pay 30% of the project and be able to get mortgage of up to 70% of the project which it more affordable for everybody.
“So, those civil servants who are in cooperative societies can afford to buy this property because when you are in cooperative society you can have access to gather money and with this you can have the ability to buy a home in some of these estates. It is affordable and our partners are not individual partners and that is why we signed it with the UAE government.”
Abu Dhabi is a city, known for its ultra-modern architecture, luxury shopping and lively nightlife scene. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area. The city of Abu Dhabi is located on an island in the Persian Gulf, off the Central West Coast. End
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Not Joke, I Will Seek For 3rd Term – Trump

US President Donald Trump has asserted that he is not jesting about his ambitions for a third presidential term, despite the constitutional restrictions in place.
While the U.S. Constitution prohibits any individual from serving more than two four-year terms, Trump indicated that it is premature to delve into such considerations.
Having assumed office for his second, non-consecutive term on January 20, Trump has hinted at his desire for a third term, addressing the matter more directly in a telephone conversation with NBC News.
“No, I’m not joking. I’m not joking,” Trump reiterated, though he acknowledged, “it is far too early to think about it.”
He hinted at potential avenues to pursue this goal without providing specific details.
According to the 22nd Amendment of the U.S. Constitution, U.S. presidents are limited to two terms, whether consecutive or not. To amend this constitutional provision would require a two-thirds majority in both houses of Congress, followed by ratification from three-fourths of the 50 state legislatures.
Some of Trump’s allies have suggested the feasibility of extending his stay in the White House beyond 2028. Trump himself has alluded to this notion on multiple occasions, often in a manner that challenges his political adversaries. Should he pursue another term after the November 2028 election, he would be 82 years old, having previously made history as the oldest president at the time of his inauguration.
The tradition of limiting presidential terms was established by George Washington in 1796. This practice was largely followed for over 140 years until Franklin D. Roosevelt broke the norm by winning a third term in 1940. Roosevelt, who led the nation through the Great Depression and World War II, sadly passed away during his fourth term in 1945, leading to the enactment of the term limits amendment in 1951.
Steve Bannon, a long-time adviser to Trump, expressed in a March 19 interview with NewsNation his belief that Trump will indeed run again in 2028. Bannon noted that he and others are exploring ways to facilitate this ambition, including reviewing the definition of term limits. “We’re working on it,” he stated, underscoring the ongoing discussions surrounding Trump’s political future.
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Sallah: Nigerian Traders Express Concerns Over Declining Sales

Traders in Lagos have voiced their concerns regarding the significant decline in food sales, particularly for pepper, attributing the downturn to rising prices and the diminished purchasing power of local residents.
In interviews conducted by the News Agency of Nigeria (NAN), both traders and consumers shared their experiences regarding patronage as the Sallah celebration approaches.
Mr. Rabiu Zuntu, Chairman of the Tomato Growers and Processors Association of Nigeria (Kaduna chapter), linked the situation to the heightened prices of produce and the weakened purchasing capacity of consumers. He stated, “Pepper prices in the north are also steep, with a jumbo 50kg bag reaching as high as N150,000, compared to N60,000 to N70,000 just months ago. This price surge may adversely affect the Sallah festivities, as only a few consumers may afford these products.”
Zuntu further explained, “Currently, we are outside the pepper farming season. Insufficient rainfall has led to a scarcity of this commodity, with only a handful of farmers involved in irrigation. Many will resort to using dried pepper, which is more affordable during this time, although demand remains low. We anticipate an increase in demand as the celebration nears.”
Mrs. Mistura Balogun, a pepper vendor at Lawanson Market in Surulere, echoed these sentiments, noting the unusually low customer turnout. “It’s not just pepper that has become expensive; many other goods have seen price increases as well. Typically, this time of year should see a bustling market, but today is quite different. I have been at my stall since morning, and the number of customers is minimal,” she lamented.
Similarly, Mrs. Mojisola Gbadegesin, another pepper seller at Idi-Araba market, reported a stark decrease in patronage. “Despite the high prices, we usually see customers buying pepper, but this year is different. The market feels deserted, and business is sluggish,” she remarked.
Mrs. Judith Amen, also a foodstuff vendor, highlighted that the rising prices of pepper and other food items are likely to escalate further as the celebrations peak. “At the start of the week, a small bag of scotch bonnet pepper was priced at N70,000, and I expect prices to soar over the weekend due to Sallah. A good quality bag of rice is selling for N85,000, while lower-quality options range from N60,000 to N75,000. Although patronage is currently low, we anticipate an uptick a day before Sallah, but consumers will only purchase what they can afford,” she explained.
Mr. John Nwabueze, a trader in the Agege area, expressed frustration over the lack of customers as Eid celebrations begin. “Sales have been notably low, with people buying only what their budgets allow. The market has been unusually quiet, affecting all commodities, including rice. A 50kg bag of rice is priced between N76,000 and N78,000, yet sales remain sluggish this Sallah,” he noted.
Mrs. Amina Fakunle, a resident of the Alimosho area, remarked that the high cost of pepper would lead consumers to celebrate in a more subdued manner. “Just six pieces of pepper cost about N500, which is the lowest price available. With these prices, people will likely opt for a low-key celebration,” she stated.
Mr. David Oriafo, a resident of the Dopemu area, also commented on the lack of festive activity in the market. “I managed to purchase a few items for my family to save costs, but it’s evident that the usual festive buzz is missing. People are only buying what they can afford, much like myself,” he shared. (NAN)
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Nigerian Boxer ‘Success’ Olanrewaju Dies After Ring Collapse

A Nigerian boxer, Segun “Success” Olanrewaju, has died after slumping during a boxing match in Ghana.
The Secretary-General of the Nigerian Boxing Board of Control (NBB of C), Remi Aboderin confirmed the death of the boxer on Sunday.
The 40-year-old boxer, nicknamed “Success”, stumbled to the canvas while fighting Jon Mbanugu, a Ghanian, at Fight Night 15 of the Ghana Professional Boxing League at Bukom Boxing Arena, Accra, on Saturday.
Olanrewaju was not punched or near his opponent when he collapsed violently in round three of the light-heavyweight bout.
The referee called the match immediately, and medical aid was ushered into the ring.
Olarenwaju died after he was rushed to Korle Bu Teaching Hospital.
Ther boxer was a former West African and national light-heavyweight champion.
He competed in 24 bouts with 13 wins, eight losses, and three draws.
In 2022, Chukwuemeka Igboanugo, another boxer, also died after suffering a technical knockout (TKO) in a bout at the National Sports Festival (NSF) in Delta.
Igboanugo died after he took a fatal blow to the nose and did not survive the hit.