Business
CBN Earmarks N420bn For SMEs In Kebbi
The Central Bank of Ni
geria (CBN) has earmarked N420 billion as Credit Guarantee Scheme for Small and Medium Scale Enterprises in Kebbi state.
The Secretary of the Nigerian Association of Small Scale Industries (NASSI) Kebbi state, Alhaji Sama’ila Kangiwa, disclosed this in a statement in Birnin Kebbi on Monday.
Kangiwa said that the bank would collaborate with the state government to disburse the fund.
He said that the bank would put in place a programme to promote agriculture and other agro-allied ventures to meet the needs of small and medium enterprises in the country.
“The CBN will collaborate with the Kebbi Government to explore its economic potentials to the fullest for the overall development of the state and Nigeria,’’ he said.
Kangiwa urged members of the association and entrepreneurs to ensure they benefited from the scheme, especially in the utilisation of funds to develop their commercial and micro-finance projects.
The CBN representative, Alhaji Ahmad Waziri, told newsmen that an entrepreneurial development centre would be established in the state to strengthen and develop entrepreneurship ventures.
Alhaji Umaru Dikko, Kebbi state Chairman of NASSI, also told newsmen that the association would ensure members benefited from the newly introduced credit guarantee scheme of the bank.
He said that the association would partner with the bank in an enlightenment drive and other economic development ventures.
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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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