Business
Akwa Ibom Woos Foreign Investors
Foreign investors have been called upon to take advantage of the huge investment opportunities in Akwa Ibom State for mutual economic benefits.
Governor Godswill Akpabio made this call while addressing the Foreign Direct Investment Conferences of the Peoples Democratic Party (PDP), USA Chapter at Phoenix, Arizona, USA at the weekend.
Represented at the event by a former military governor of the state, Air Commodore Idongesit Nkanga (rtd), Akpabio said Akwa Ibom has opened a new vista of opportunities for investors in the aviation, oil and gas as well as tourism and agricultural ventures.
He said Akwa Ibom was at the threshold of history with the development of an airport facility that is coming with a complete maintenance, repairs and overhauls (MRO) facility, the first in the West African region and will be huge foreign exchange earner for the state.
The governor also called on investors to partner with the state on the proposed Akwa Ibom Industrial City development for the building of deep seaport, fertiliser plants, housing schemes and gas projects, stressing that the approval of the state as one of the national gas hub by the Federal Government has thrown open new investment areas for willing partners.
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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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