Business
Institute Tasks Food Scientists On Raw Produce
The Nigerian Institute of
Food Science and Technology (NIFST) has urged food scientists to create wealth through conversion of raw produce into value added products.
The appeal is contained in a statement by NIFST’s President, Dr Chijioke Osuji, and made available to newsmen in Lagos.
According to the statement, in creating wealth through the conversion of raw produce into value added products, certain measures need to be in place to prevent post-harvest losses.
“Attaining high volumes of production of various commodities could easily be counter-productive if measures are not in place to prevent post-harvest losses.
“And this can be done by creating wealth through conversion of raw produce into value added products,” it said.
The statement said that there was need for measures to be taken as the issues of food and agriculture were the topic of discussion in this year’s political campaign.
It said that the trend would likely continue in the coming years as the revenue from petroleum continues to fall below the budget estimates.
It urged food scientists and technologists to appreciate that the increasing economic relevance of agribusiness demonstrated a huge widening of opportunities throughout our food commodity value chains.
The statement also urged food technologists and partners to move fast to ensure utilisation of the food produce and take advantage of the developing trend.
“The dwindling cost of petroleum products implies reduced cost of operation for food companies and improved profits.
“So, food business now has a good chance for growth as well as innovative and knowledge-driven development if well planned,” it said.
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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).
