Business
Stockbrokers Support Dangote’s 5-Point Agenda
The Association of Stock broking Houses of Nigeria (ASHON) has assured the newly elected president of the Nigerian Stock Exchange (NSE), Aliko Dangote, of its support to move the Exchange to the next level.
Chairman of the Association, Rasheed Yusuf who led a nine-man delegation to the office of Dangote, said they fully support the five point agenda of the NSE council’s president which he made in his acceptance speech when he won the election.
He said “we cannot but pledge our support at all times to your leadership of the Exchange, and declare our readiness to collaborate with you to ensure your success in this all important task of moving the Exchange forward.”
Some of the key request of the Association include more representation on the council Exchange from the current seven to nine dealing members, and the involvement of the Association in the transformation of the Exchange in selecting their representatives.Dangote informed the visiting stock brokers that the issue of more representation on the council would be looked into particularly against the fact that they are the major players in the stock market.
Dangote also promised to focus on increasing the liquidity of the market by ensuring that NSE and stock brokers will engage all other important stakeholders in the Nigerian economy to investor confidence and increase market liquidity.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
 
														“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
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