Business
Maritime Varsity Bill Passes Second Reading
A Bill for an Act to elevate the Maritime Institute in Oron, Akwa Ibom, to the status of a university, has passed second reading at the House of Representatives.
The bill, sponsored by Rep. Henry Archibong, also seeks to make comprehensive provisions for its management and administration.
While leading the debate, Archibong said the bill had been passed by the House of Representatives of the 7th Assembly.
He said that the bill had also passed second reading in the present Senate and urged members to support it.
Archibong said the establishment of the university would save foreign exchange for Nigeria as experts in oceanography, maritime and other related fields would no long have to go to Ghana and other countries for further studies.
Rep. Dennis Nnamdi (PDP-Enugu), said the institute had the required facilities needed for a university.
According to Nnamdi, there is no better place to site the university than in Oron as a lot of maritime activities take place in the area.
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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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