<< Back             Poser >> National Tenants Union is highly disappointed in SONA 2026 Mr Reindolph Afrifa-Oware, Director of Communications and Corporate Affairs of the National Tenants Union of Ghana, said the union is highly disappointed that State of the Nation Address (SONA) 2026 failed to address the nation’s growing housing deficit.   President John Dramani Mahama delivered SONA 2026 in Parliament on Friday, February 27, 2026, highlighting key interventions and strategies to address national development challenges.   Reacting to the provisions in the 2026 SONA in an interview with the Ghana News Agency (GNA) at Dormaa-Ahenkro, Mr Afrifa-Oware said: “We are highly disappointed at the refusal and failure of the President to highlight interventions to address the deficit in the housing sector as he promised.”   “In the 2025 SONA, the President acknowledged the nation’s housing deficit, estimated at over 1.8 million units,” he stated, adding that “The President even spoke about doing something about the abandoned Saglemi housing project in the last SONA.”   Mr Afrifa-Oware said the union anticipated SONA 2026 to outline strategies for the 50,000-unit housing initiative for teachers, also called the “Teacher Dabre,” emphasising that teachers, especially those serving in deprived communities and rural areas, deserve dignified accommodation.   “It’s unfortunate that President Mahama didn’t fulfil the old promises he made on housing and yet would muster the courage to make new promises,” he stated, expressing concern that the nation still had no structural reforms in the housing sector.   He highlighted the housing challenges faced by tenants, particularly exploitative rent charges, and called on the government to prioritise and address these growing issues.   “Housing is too important for political symbolism because it demands timelines, financing transparency, delivery milestones, and institutional reform,” he advised, advocating comprehensive reforms in the sector.   Source: GNA Ghana Business News	Decline in textile sector persists as GDP contribution falls 3.6% in 2yrs By Yinka Kolawole Activities in Nigeria’s cotton, textile and garment industry continued to trend downward in 2025, with the industry’s contribution to the nation’s Gross Domestic Product, GDP, declining to N4.384 trillion, reflecting persistent structural challenges confronting the sector. Data from the National Bureau of Statistics (NBS) shows that the sector’s output has recorded a steady […] 30 banks meet CBN recapitalisation requirements The Central Bank of Nigeria (CBN) has disclosed that 30 banks have met the revised minimum capital requirements under its ongoing recapitalisation programme. Manufacturing VAT surges 54.7% to N875bn in 9 months …Surpasses 2023 full-year figure By Yinka Kolawole The contribution of Nigeria’s manufacturing sector to Value Added Tax (VAT) in 2025 significantly increased with payments rising to N875.420 billion in the first nine months of the year (9M’25), surpassing both the N566.011 billion recorded in the corresponding period of 2024 (9M’24) and the N578.394 billion generated in […] Nigeria’s non-oil exports to EU lag at 10% despite $21.87bn trade— NEPC By Progress Godfrey  The Nigerian Export promotion Council (NEPC) has urged agro-exporters to tap the European Union’s over 400 million-strong consumer market, warning that non-oil exports account for only 10 percent of total trade with the bloc despite a $21.87 billion trade volume in 2024.   Executive Director and CEO of NEPC, Mrs Nonye Ayeni, made the […] Vitafoam shareholders endorse N3.75 bn dividend, bonus shares Shareholders of Vitafoam Nigeria Plc , have approved a N125 million capital injection through a bonus share issue and endorsed a N3.75 billion dividend payout, signalling strong investor confidence in the company’s improving financial performance. Dangote Refinery commits to energy stability amid global refineries shutdown By Udeme Akpan Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply to Nigeria amid recent shocks in the international oil market.  The ongoing conflict in the Middle East has led to the shutdown of some refineries and cuts in refinery production across the world, resulting in a global scarcity of petroleum […]