Business
DG Wants New Approach To Transport Administration
Alhaji Aminu Yusuf, Director-General, Nigerian Institute of Transport Technology (NITT), Zaria, has called for a change of approach in the administration of the transportation system.
He made the call in Zaria on Friday, at the closing ceremony of a training programme, “Transport Journalism and Information Management” for journalists in the country.
Yusuf said that unless the transport system in Nigeria changed for the better, there would never be any meaningful development in the sector.
According to him, transportation system in Nigeria is being operated in the opposite direction. “Nigerians maintain highest speed instead of the other way round as against minimum cost at maximum speed as the case in the developed world.
“Experts say the speed and the cost of a country’s transport system determines its speed of development.
The NITT Director-General recalled that in 1969, the U.S. Congressional Committee described transportation as the most important industry in the world.
Yusuf explained that the essence of the course was to provide basic knowledge, operations and management and new developments in transport technology for reporters.
These developments, according to him, include inter-modals and public-private partnership in transport infrastructure development.
Mr Uzoma Oguike, the Training Coordinator, urged the participants to make good use of the knowledge acquired and advised them to be good ambassadors of the institute.
Responding on behalf of the participants, Mr Utulu Valentine of the News Agency of Nigeria (NAN) described the week-long course as vital to journalists and development of transport in Nigeria.
NAN reports that journalists from different media outfits and Public Relations Officers from parastatal agencies attended the training.
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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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