Business
Pension: PTAD Hits 80% Coverage
Member, House of Representative Committee on Pension, Alhaji Lawan Abubakar, says the Pension Transitional Arrangement Directorate (PTAD) has recorded over 80 per cent success in its ongoing verification.
He said this while addressing newsmen at the PTAD Verification Centre in Gombe State.
Abubakar said the way things were moving was a great achievement to the pension scheme.
“Unlike what we have been seeing before, both pensioners and the stakeholders were happy for the exercise.
“We are happy because all the union leaders were at the centres we visited. “ Some of the pensioners we interacted with told us that this was a sign of seriousness exhibited by the Federal Government.
This was a sign of seriousness; people were coming from Borno and Yobe to Yola to the verification centre,’’ he said.
According to him, those that have problems with their banks have been taken there for verification.
He assured them that PTAD would do everything humanly possible to ensure that their entitlements were paid when due.
“We in the House Committee on Pension will not relent in addressing the plight of pensioners.’’
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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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