Business
Consultant Tasks FG On Micro-Businesses
The Managing Partner, Baileycole Consulting, has urged the
Federal Government to be proactive in implementing policies on micro businesses
for rapid economic transformation.
Tubi said in an interview with the newsmen recently that
since small-scale businesses had the capacity to grow the economy, the
government should channel resources to the micro-business sector to reduce
poverty.
The consultant described cottage industries as the catalyst
of economic growth, saying: “Every economically viable nation in the world has
good programmes for small and medium scale businesses.’’
Tubi said the business climate in Nigeria was not so
favourable because of inconsistent economic policies.
“When you want your economy to grow, you have to stimulate
it with various economic policies,’’ he said.
Tubi urged government to assist potential small scale
investors with funds and also create an enabling environment that would allow
such businesses to thrive.
He said “it doesn’t have to be huge organisations, a person
by the roadside doing little thing that brings income is also contributing to the
economy stressing that “the big companies cannot employ everybody and
government cannot also employ everybody.”
Tubi urged the government to assist people, especially young
graduates with the energy, drive and ideas to engage in private business activities
that would improve the economy.
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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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