Business
Centre Wants FG To Tackle Multiple Taxation
The Centre for International Private Enterprise (CIPE), has urged the government to look into the multiple taxation, power and insecurity that had hindered business development in the country.
The Country Director of the U.S.-based non-governmental organisation in Nigeria, Mrs Olawunmi Gbadamosi, made the call in an interview with newsmen in Enugu.
Gbadamosi said the business sector would not grow if the issues were not effectively tackled by the various tiers of government in the country.
He said “for democracy to be sustainable, the government must be pro-business. The government should involve the private sector in its activities as well as provide the enabling environment for them to thrive’’.
The country director expressed satisfaction with the level of partnership between the government and the private sector in the country.
She called on business associations to embark on advocacies to further strengthen their relationships with the executive, legislature and the judiciary arms of the government as well as the media.
Gadamosi, however, appealed to the media to partner with the business associations to promote their activities in the country.
She explained that the centre was working in eight states to encourage and promote business membership organisations through capacity building.
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Business
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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