Business
Fish Farmer Wants Easy Access To Loans
As one of the catalysts
that will cause increase in fish production, a fish farmer in Port Harcourt, Mr. Desmond Ikeka, has appealed to both the Federal and State governments to improve access to credit facilities for farmers.
Ikeka who is the director of Divine fish farm, made the appeal, last Friday while speaking with The Tide in Port Harcourt and stated that easing access to loan for fish farmers would boost production.
He recounted the difficulties farmers often experienced in accessing bank loans, saying that most farmers could not meet up with the demands of the financial institutions.
According to him, the protocol involved is enormous, and if this is not checked, many farmers will be frustrated out of business.
“The fish farmers are making efforts to boost production but finance is our major problem and the banks are not helping us at all,” he stated.
Ikeka maintained that for fish farmers to produce at full capacity, and meet consumption level, they must have access to credit facilities at the appropriate time.
The farmer expressed optimism that with assistance from the government, fish production would increase significantly.
He said “Fishing equipment are not too expensive. If only government can help us with soft loans, it will go a long way to boost our production”.
The fish farm director therefore pleaded with the government to give the needed attention to farmers to enhance their productivity.
Corlins Walter
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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).
