News
Senate Moves To Provide Economic Diversification Framework
By Lateef Taiwo
The Senate is set to provide the much needed legislative framework to enable the federal government pursue its diversification policies to improve on the Nigerian economy.
The upper chamber, accordingly, seeks to achieve same with the passage of the Nigerian Economic Diversification Bill 2022 presently before the National Assembly.
A public hearing on the bill sponsored by the Deputy Whip, Senator Aliyu Sabi Abdullahi (APC, Niger North) is slated for Monday, December 19th, 2022.
The hearing is organised by the Senator Olubunmi Adetunmbi-led Committee on National Planning.
The bill, which was read for the first time on December 8, 2021, seeks to establish the Nigerian Economic Diversification Council, as well as provide for the Nigerian Resource Development Plan.
It also provides for the transfer of technology for Nigerian capacity development and succession plan, establishment and management of startup development programme, issuance of work permits and expatriate quotas, and formalization and development of artisanal and small scale miners of solid minerals.
The bill in its provisions, specifically focuses on the promotion of Nigerian Content Development in automobile manufacturing, maritime industry and credit guarantee scheme.
The piece of legislation makes it mandatory for Ministries, Departments and Agencies of government to submit Annual Nigerian Content and Economic Diversification Development Report and Annual Budget.
Other sectors of the economy duly covered in the bill are Information and Communications Technology, Health, Agriculture and Agro Allied, Power etc.
Speaking on the bill, its sponsor, Senator Sabi Abdullahi, said same provides for the “establishment and maintenance of programmes for the overall development of the Nigerian economy, more especially, to encourage the growth of Nigerian industries, services, technologies in order to diversify the Nigerian economy and raise the standard of living of persons living in Nigeria to a reasonable level.”
He added that the scope of the Bill “are to be applicable to all ministries, arms and agencies of the Federal Government of Nigeria and private businesses.”
“However, local content development in the oil and gas sector is excluded from the application of this Bill”, he noted.
News
Rebecca Omokamo Godwin-Isaac Wins The Sun Real Estate Icon Award 2026
The Homadil Realty Limited chief executive is recognised for her contribution to Nigerian real estate, business leadership and community development.
Ambassador Dr. Rebecca Omokamo Godwin-Isaac, Chief Executive Officer of Homadil Realty Limited, has been named a winner of The Sun Real Estate Icon Award 2026. The honour recognises her entrepreneurial journey and contributions to Nigeria’s property industry, placing her among personalities selected for distinction at the newspaper’s annual awards.
The recognition was formally communicated in Abuja when a delegation from The Sun Publishing Limited, led by its Managing Director and Editor in Chief, Mr. Onuoha Ukeh, presented her award letter. The development featured prominently in the Daily Sun of 2 November 2026. The presentation ceremony is scheduled for Friday, 13 November, at 7 pm, at the Expo Convention Centre, Eko Hotels and Suites, Victoria Island, Lagos.
The Sun Awards celebrate achievements across business, public service, entertainment, sport and other fields. In selecting Godwin-Isaac, the newspaper’s Board of Editors highlighted her entrepreneurial experience, strategic leadership and work in property development. Ukeh noted her involvement in business development, market research, contract negotiation and the management of real estate ventures.
Building Value Through Real Estate
At Homadil Realty Limited, Godwin-Isaac leads a business involved in property development, brokerage, construction coordination and project management. These activities connect investment planning with the practical requirements of residential development, including professional collaboration and responsiveness to prospective homeowners.
The sector also supports employment beyond property companies themselves. Architects, engineers, artisans, contractors, sales professionals and service providers participate in the work of planning, building and managing developments. Through its activities, Homadil operates within this wider economic network, where enterprise can generate opportunities and support livelihoods.
Godwin-Isaac has also contributed to public discussions about property investment. In February 2025, the News Agency of Nigeria reported her views on land banking and emerging investment locations, reflecting her interest in the relationship between urban expansion, property ownership and wealth creation.
Her leadership extends to Summit Estate Global Limited, whose residential project in Apo-Dutse, Abuja, held its groundbreaking ceremony on 14 February 2026. The development is planned to accommodate approximately 180 homes alongside supporting facilities, illustrating the company’s ambitions within the Federal Capital Territory.
At the ceremony, Vice President Kashim Shettima was represented by his Senior Special Assistant on Legal and Compliance, Bashir Maidugu, who emphasised proper documentation, construction quality and professional standards. Such considerations remain central to transforming a planned development into a residential community.
Education and Wider Impact
According to The Sun’s published profile, Godwin-Isaac holds a bachelor’s degree from the University of Maiduguri, a master’s degree from the National Open University of Nigeria and an MBA from the University of South Wales. The newspaper also reports her completion of Harvard Business School’s General Management Programme and a doctorate in Real Estate Economics and Finance from American Management University.
Beyond her commercial responsibilities, she has been associated with philanthropic and educational initiatives supporting women, girls and underserved communities. Her interests include mentoring, access to learning and economic empowerment, reflecting a belief that opportunities for personal advancement should extend beyond the boardroom.
Her engagement with initiatives aimed at younger women is particularly relevant in an economy where access to education, mentorship and financial independence can influence the course of a person’s life. The Sun’s editorial account identifies this social commitment as part of the wider contributions behind her recognition.
Her career illustrates the persistence and adaptability involved in developing a business over time. The award offers recognition of that journey while placing renewed attention on the responsibilities that accompany enterprise and leadership.
Reacting to her selection, Godwin-Isaac expressed gratitude to The Sun Publishing Limited and its Board of Editors. She described the recognition as heartwarming and indicated that it would encourage further effort.
For the Homadil Realty chief executive, the 2026 honour is both a milestone and a call to continued accomplishment. Its lasting significance will lie in the quality of the work that follows, the developments brought to fruition and the opportunities created for people and communities.
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