Business
Expert Wants Women To Float Cooperative Societies
An expert in cooperative development, Mr Charles Nwabuike, says engagement in cooperative societies is a panacea for women empowerment.
Nwabuike disclosed this while delivering a lecture on cooperative development at the conference hall of the ministry of justice in Port Harcourt recently, during the inauguration of the Rivers State Chapter of the Nigeria Chambers of Commerce, Industries, Mines and Agriculture, NACCIMA women in Business.
Nwabuike, who is the senior registrar in charge of cooperative at the Rivers State Ministry of Commerce and Industry, said cooperative was a platform for women to pool resources together for profitable business purposes.
He said it was easier for women that are involved in cooperative movement to access fund for business as interest rates are relatively low.
The expert also urged the women to explore the numerous benefits in cooperatives by forming more cooperatives and abiding by the stipulated rules of cooperative development.
According to the expert, some of the benefits of cooperatives movements include, easy access to fund, mutual business concern, equality and fairness in the distribution of available resources, country development and economic growth.
He added that consideration should be given to women engaged in business activities such as agriculture in the rural areas in terms of provision of credit facilities.
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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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