Business
Co-Operative Set To Empower 40,000 SMEs In Rivers
 
																								
												
												
											A group known as iEBS-Matrixx Co-operative says it is putting in place modalities to empower over 40,000 Small and Medium Enterprises (SMEs) in Rivers State.
Towards this end, the cooperative has concluded plans to keep members abreast with the level of effort and business loan disbursement arrangements made so far.
Making this known recently to The Tide in Port Harcourt, President of the cooperative, Dr. Larry Goodwill Ajiola, said the group will soon hold a meeting to intimate members with all they need to know about the loan.
While assuring that the cooperative will not relent in pushing for the disbursement, he said the executive would not want to leave anyone in the dark concerning the stage it has reached.
Ajiola noted that the group has been able to overcome the challenges that delayed its original plan.
According to him, the meeting would, among other issues, handle the registration of new members, provide information on grant and loan, and address the attitude of members towards the group.
“The aim of the Co-operative is to empower and better the businesses of members.
“Co-operatives help to build the businesses of members, knowing that expansion of businesses is better achieved with Co-operatives than as individuals”, he said.
By: Lilian Peters
Business
Customs Launches Digital Vehicle Verification System To Tackle Smuggling
 
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NDDC Unveils Naval Facilities To Boost Region’s Security
 
														Business
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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