Business
Transporters Increase Fare; As Queue Reappears in Petrol Stations
Ransport fare in same parts of Port Harcourt and its environs, especially on Obio/Akpor area of Rivers State went up last week as another turn of fuel queue re-surfaced in filling stations in Rivers State.
The Tide has observed that drivers increased fare prices by 40 per cent in some areas, while some other routes increased fare by 25 per cent.
Journey from Rumuokoro to Rumuosi that used to be N50, went up to N70, while the same route to Choba that used to be N70, is now between N100 and N120 .
Also the Mile Three to Rumuokoro, which is a very popular route has remained very unstable in terms of the fare charges, as drivers demand between N100 and N150 or even as much as N200 in some cases, as against the old charges of between N80 and N100.
Such increase, however, have not been noticed with operators within the Lagos to Mile Three axis, as the same old fare of N40 per drop is still being charged.
One of the popular drivers that ply the Rumuosi axis who gave his name as Chukwunda Moses, told commuters, “do you know what we pass through at petrol stations to buy fuel this time and why won’t we increase fare”.
Meanwhile, the queue at petrol stations for some days now have not abated, while some stations do not have the products for sale even as black marketers have taken advantage of the situation to sell at exorbitant prices.
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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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