Business
Return Of Business In PH Excites Amaechi
Rivers State Governor, Rt. Hon. Chibuike Rotimi Amaechi has expressed happiness and satisfactions that business activities are gradually returning to the state following the improved security and the amnesty granted to militants by the Federal Government. Amaechi who stated this at the Port Harcourt International Airport, Omagwa during a cocktail party organised by Lufthansa Airlines, a German international carrier which returns her flight operations back to Port Harcourt after nearly three years, said investors who left the Garden City at the wake of violence and arm struggle by militants in the state are gradually returning. The governor who was represented at the occasion by Commissioner for Transport, Mr George Tolofari said Lufthansa’s return operations to Port Harcourt is one of the success stories of the amnesty by the Federal Government. He reiterated the government’s commitment in its determinations to promote and encourage investors as well as ensure maximum internal security to protect investors. According to him, since October 4, 2009, that the amnesty offer ended, majority of investors are showing interest to return to the state. “Air France have resumed flight operations long ago, and today, we are celebrating with Lufthansa, not also long another international airlines will join these two.” The governor however commended the German airline for their courage and interest to return back operations to Port Harcourt.
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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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