Business
RSG, UNEP Launch Ogoni EIA
A major assessment of the impacts of oil production in Ogoni land of the Niger Delta region was jointly launched last week by the Governor of Rivers State and the United Nations Environment Programme (UNEP) in Bori, Rivers State and will last approximately for one year.
The total budget is provided by the Shell Petroleum Development Company (SPDC). The SPDC is in a Joint venture operated by the Nigerian National Petroleum Corporation (NNPC), Shell, ELF/Total and Agrip, in which Nigeria has a stake of 55 percent.
A project office has been opened by UNEP in Port Harcourt to support the operation. UNEP’s final assessment report is expected to be published by the end of 2010.
Oil exploration and production in the oil-rich Niger Delta region started during the 1950s, but operation were suspended in the early 1990s due to local public unrest. The oil fields and installations in Ogoniland have since remained dormant.
Environmental contamination from these operations has not been remediated to date. In addition, further spills have resulted from lack of maintenance, oil tapping and damage to oil infrastructure and facilities over the last 15 years.
The findings of the environmental assessment will be used to make recommendations on the appropriate levels of remediation needed to rehabilitate the land to a conditions that is environmentally acceptable, on the basis of international standard.
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Business
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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