Business
New MAN President Pledges Collaboration With FG
The new President, Manufacturers Association of Nigeria (MAN), Mr Ahmed Mansur, has pledged to improve the association’s collaboration with the Federal Government toward boosting the competitiveness of the nation’s manufacturing sector.
Mansur, who is also an Executive Director, Dangote Industries Ltd., made the pledge last Monday in Lagos.
He said that the association would strengthen its level of collaboration and interaction with government to ensure that the Executive Order 003 was fully implemented to boost local patronage of made-in-Nigeria products.
According to him, Order 003 shows that the incumbent administration is serious in building local productive capacity.
He added: “we will work with the Federal Government to ensure that the Nigerian manufacturing sector is competitive”.
He said MAN would continue to engage all the Ministries, Departments and Agencies (MDAs) to showcase made-in-Nigeria goods.
“When this contact is made, it will encourage our members to compete both in terms of price and quality.
“I believe that if we continue to work with the government in this manner, we will bridge the gap between us and the public sector requirements,” he said in a statement.
Mansur said the association had kick-started the partnership by presenting a compendium of all its members to the government toward showcasing all the locally produced goods.
“They have to know who and where to contact to get quality made-in-Nigeria goods, so this is the first step we have carried out.
“Our interactions with the Bureau of Public Procurement (BPP) are also steps in the right direction, so that we understand the requirements and their expectations,” he said.
The MAN boss urged the government to provide the necessary basic infrastructure toward reducing the cost of production for manufacturers, adding that the impact would boost development of the real sector of the economy.
Commending his predecessor, Mansur said: “Let us thank the outgoing council under the able leadership of Dr Frank Jacobs for the meritorious service they offered during the past four years.”
“In spite of the many challenges in both the economic and socio-political spheres confronting our country, Dr Jacobs and his team have steered the ship of MAN most creditably,” he said.
Mansur pledged to build on the success recorded by the retiring council, especially in collaborating with government to improve the operating environment and the strategic linkages between Small and Medium Industries (SMI) and the largemanufacturers.
He said his administration would also enhance the capacity of the SMI sector, employment generation and wealth creation capacity of the industry.
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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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