Business
Power Outage Hits PH As TCN Repairs Transformers
The Port Harcourt Electricity Distribution Company (PHED) has announced planned outage to enable the company to improve its network in the state.
A statement signed by the PHED Manager, Corporate Communications, Mr Jonah Iboma, on Wednesday and made available to The Tide, said the Transmission Company of Nigeria (TCN) will be rehabilitating its 45MVA Power Transformer located at Nzimiro by Ogbunabali Junction, Port Harcourt from February 14th to March 2nd 2015.
Iboma said the rehabilitation work by TCN will affect customers at Government House, Forces Avenue, William Jombo, Marine Base, Bundu Waterside, Nigeria Ports Authority, Aggrey Road, Sand Filled, Captain Amangala, UBE, and the entire Borokiri area.
According to him, other areas include Diobu, Mile 1, Mile 3, UST, some parts of Rumuolumeni and Ada George.
He also said there will be load shedding arising from the maintenance work.
“The Port Harcourt Electricity Distribution Company therefore appeals to the affected customers within the areas mentioned to exercise patience and understanding while the rehabilitation work lasts as it is aimed at improving service delivery to the people.”
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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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