Business
$1bn Looted Funds Recovered Since 2015 – Malami
 
																								
												
												
											Nigeria’s Attorney-General and Minister of Justice, Abubakar Malami, has revealed that the current administration has so far recovered about $1 billion looted funds till date.
Malami disclosed this while briefing State House Correspondents after the week’s Federal Executive Council (FEC) meeting presided over by President Buhari at the Presidential Villa, Abuja.
He also disclosed that Council has approved a new Anti-corruption Strategy Document to strengthen anti-graft campaigns in the country.
He said the recovered assets had been deployed to various sectors of the economy, including poverty alleviation.
Malami also expressed government’s concern over cases of budget padding, which he described as worrisome, noting that every necessary measure would be explored to address it.
Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq, had blamed the Minister of Finance, Budget and National Planning, Zainab Ahmed, for adding N206bn to the Humanitarian Affairs Ministry’s budget.
Business
Customs Launches Digital Vehicle Verification System To Tackle Smuggling
 
														Business
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).
- 
																	   Sports4 days ago Sports4 days agoFBN, C’River gov partner to boost tourism 
- 
																	   Oil & Energy4 days ago Oil & Energy4 days agoFG Pledges Solar Power Hospitals, Varsities 
- 
																	   News4 days ago News4 days agoNigeria Records $50bn Cryptocurrency Transactions In One Year 
- 
																	   Business4 days ago Business4 days agoNCAA To Enforce Zero-debt Rule By 2026 ……….As Airlines Face Compliance Sanctions 
- 
																	   Rivers4 days ago Rivers4 days agoRivers Community Absolves Kingsman of Land Grabbing Allegations, Gives Seven-Day Ultimatum 
- 
																Rivers4 days agoShippers Council moves To Enhance Service Delivery At Nigerian Ports 
- 
																	   Oil & Energy4 days ago Oil & Energy4 days agoEkpo, , Mshelbila Elected Gas Exporting Countries Forum Chiefs 
- 
																	   News4 days ago News4 days agoTinubu commissions seven new projects at Unilorin 

