Business
UNIDO, AFD Tackle Poverty In Developing Nations
Developing countries and economies in transition have been assured of assistance by the United Nations Industrial Development Organisation (UNIDO) and the French Development Agency, Agence Fran caise de Development (AFD), to reduce poverty through productive activities.
They are also to develop trade capacity of business and focus on energy and environmental development, the organisation has said.
An agreement was signed on this in Vienna by UNIDO Director-General, Kandeh K. Yumkella, and AFD Director-General, Jean-Michel Serverino.
The two organisations will continue existing joint programmes and develop new ones to strengthen the capacities of small and medium size business through development, and particularly in relation to credit, focus on industrial modernisation and high quality infrastructure energy in Africa, in co-ordination with other European initiatives.
They will also elaborate common technical publications in the field of energy and climate change, and development activities in support of the Mediterranean exchange initiative.
In 2008, the AFD has committed close to 45 billion Euro to finance initiatives in Southern countries and overseas. The funds are primarily targeted to educate 7 million children, supplying drinkable water to 44 million people and 370,000 jobs in the productive sector. Projects on energy efficiency, help save some 33 million tones of CO2 per year.
AFD is a bi-lateral development finance institution and has worked for over sixty years to alleviate poverty and foster sustainable economic growth in the South and overseas.
The agency implements development policy, defined by the French Government. Present in more than 50 countries, the AFD finances projects, which aim to improve the living conditions of people, sustain economic growth and protect the planet.
UNIDO is a specialised agency of the United Nations, mandated to promote industrial development in developing countries and economies in transition. The organisation works in close partnership with about 173 countries.
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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).
