Business
Welders Laud Govt Over Gas Sector Liberalisation
The Esit Eket branch of the Nigerian Welders Association (NWA) has commended the Akwa Ibom Government for opening the oil and gas sector to private investors.
In an interview with our correspondent in Eket on Monday, the branch Chairman of the association, Mr Robert Okpo, commended the state government for partnering with foreign investors in facilitating the Central Gas Project at the Uquo Marginal Field in Esit Eket.
He said the initiative would ensure that available resources were optimally harnessed for the benefit of the state government and the host communities.
Okpo also commended the state government for involving members of the association in the execution of the project, which, he noted, had provided them with income generating opportunities.
“We appreciate the state government, project contractors and stakeholders for recognising the capabilities of the union members to execute jobs that meet approved specifications obtainable in the industry.”
He said the project had attracted socio-ecenomic development to the area and created job opportunities for the teeming youths and impacted positively on the economy of the state.
Okpo assured the government of smooth execution of the project which would provide enough gas for the generation of uninterrupted power supply.
“Considering the importance of gas to power generation, the association wishes to restate its commitment to partner with contracting companies handling various construction projects.
“We will ensure that available gas within the field is channeled toward the generation and supply of steady electricity as envisaged by the current leadership at both the national and state levels.”
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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).
