Business
Business Woman Docked For Alleged N4.7m Fraud
The police last Thursday
arraigned a businesswoman, Maria Okonkwo, 42, of Pyakasa, Airport Road, Abuja, at Wuse Zone II, Magistrates’ Court for criminal breach of trust and cheating involving N4.7 million.
The police prosecutor, Sgt. Monday Akoi, told the court that one Reuben Urufe of Marins Poli Estate, Gwarinpa, Abuja, reported the case at Maitama Police Station sometime in July, 2013.
Akoi alleged that sometime in October 2011, the complainant entrusted the amount to the accused for the purchase of a park and garden situated at Mabushi, Abuja from him.
He further alleged that the accused dishonestly converted the money to her personal use and allocated the property to another person without refunding the plaintiff’s money.
The prosecutor said the offence contravened the Penal Code.
After the charges were read to the accused, she denied the allegations.
The Magistrate, Mr Anthony Ogboi, granted the accused bail for N200,000 with surety in like sum.
Ogboi ordered that the surety must have a fixed address and reside within the court’s jurisdiction.
He adjourned the case to March 3 for further hearing.
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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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