Business
ICAN Urges IFCN To Uphold Transparency
Prof. Francis Ojaide, President of the Institute of Chartered Accountants of Nigeria (ICAN), on Saturday advised members of the Institute of Finance and Control of Nigeria (IFCN) to uphold transparency.
Ojaide made the call while addressing newsmen after a condolence visit to IFCN Headquarters on the death of the
IFCN President, Dr Egai Nimiye, in Lagos.
Ojaide described the death of Nimiye as a great loss to Nigeria.
He described Nimiye as an amicable Nigerians who fought for the control of Federal Government expenditure and limitation to external borrowing.
“I recalled that Nimiye while addressing participants at the Chartered Institute of Taxation (CITN) Conference held in April, 2011 in Abuja, urged the government in partnership with the Federal Inland Revenue Service (FIRS) to ensure that taxes generated were efficiently utilised.
“Our taxes if properly structured and administered, would create a situation where there would be no need for external borrowing,” he said.
Nimiye died on Aug. 12, during a brief illness at the Braithewaite Memorial Hospital (BMH) in 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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