Business
UN Applauds Africa’s Economic Growth
The UN Secretary-General, Ban Ki-moon says that Africa’s economic growth is the fastest
in the world.
Delivering his
opening address at the 67th General Assembly Debate at the UN Headquarters in
New York, Ban noted that Asia and Latin America were making important advances.
He welcomed the important progress on some fronts, saying
that extreme poverty had been cut in half since the year 2000.
According to him, democratic transitions are under way in
the Arab world, Myanmar and many other countries.
“Still, we must raise our levels of ambition. We need more
from each and every one of you. And the world needs more from UN.
“Your people want to see results in real time, now, not the
distant future. The severe and growing impacts of climate change”are there
before our eyes – yet too many people in power seem willfully blind to the
threat,’’ the UN Secretary-General said.
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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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