Business
MAN Urges Promotion Of Made-In-Nigeira Good
Manufacturers Association of Nigeria (MAN) has urged Nigerians, including governments at all levels to develop confidence and love for locally manufactured products in the country.
The Chairperson, of the Rivers/Bayelsa States Chapter of MAN, Mrs Emilia Ekama Akpan, made the appeal yesterday at the Annual General Meeting (AGM) press briefing of the association held in Port Harcourt.
Akpan who cited an instance of Nigerian Cable being the best in the world regretted that while Nigerian products are being admired outside the country, patronage of such products remains very low in the country.
The MAN boss who maintained that it was out of wrong and unfair perception that Nigerian products were being adjudged as substandard said, “our government should be the number one to buy and patronize our products”.
She equally challenged Nigerian media to be in the forefront of the campaign for promotion of the nation’s local products by emphasising on the attractive potentials that abound in Nigeria, especially in Rivers and Bayelsa States.
“Tell the world that about 70 per cent of the land in Rivers and Bayelsa has not been touched”, she remarked and stressed that by emphasizing on these untapped resources, investors would be attracted to come into the states to invest.
Akpan decried the poor state of power supply in the country saying manufacturers spend a large chunk of their fund in providing alternative supply to enable them produce.
According to her, because of the high cost of providing alternative power supply, the prices of the final products also increase to enable members remain in business.
She however rated Governor Rotimi Amaechi high on logistics especially on road construction stressing that the roads constructed by the Rivers State government have opened ways for producers.
At the Federal level, the MAN Chairperson said the transformation agenda of Dr. Goodluck Jonathan was promoting local production and that the commitment on railway revitalisation would ease movement of goods and reduce total cost of transportation.
She stated that the theme of the AGM scheduled to hold on Thursday October 23, 2014, “Developing SME’s in Rivers/Bayelsa States for Sustainable Development”, is most appropriate at this time in the life of the two states as it would promote local production, employment opportunities, more fund for government through taxation, and wealth creation amongst other numerous advantages.
The AGM would attract personalities in the business sector and the governors of Bayelsa and Rivers States are expected to honour the event while the President of MAN, Dr. Frank Jacobs, would be the guest of honour.
Chris Oluoh
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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).


