Business
Privatised Abandoned Tourism Sites – Expert
A tourism expert, Mr Shedrach Golen, has advised the Federal Government to privatise the neglected tourism sites in parts of the country to revive their activities.
Golen, who works at the Centre for Black and African Arts and Civilisation (CBAAC), told newsmen in Lagos that the neglected tourism sites were economic wastes.
He said that such sites could be developed to international standards to bring the country’s tourism to limelight.
He said that the role of government should be limited to providing infrastructures such as good roads, constant power, portable water, communication system and security.
“Well articulated policies on privatisation will help to effectively revive activities in the neglected tourism sites. Serious minded investors will transform such sites to international standards.
“Such policies will make government to focus on the provision of infrastructures to complement the works of the investors.
“This will not only promote tourism but provide foreign exchange for the economic wellbeing of the country,’’ Golen said.
Golen advised government to ensure effective monitoring and implementation of the outlined programmes and projects by the investors.
He also suggested that government should ensure the availability of low interest funds to investors by financial institutions.
“Government should make effort to assist the would-be investors by making available low interest funds as well as to ensure quality implementation of the projects.’’
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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).
