Business
Finance Minister Meets Foreign Donors, Soon
The new Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says she will soon convene a meeting with all the foreign donors in Nigeria to alert them on what the country actually needs.
Ahmed said this during a maiden meeting with directors and heads of units of the ministry in Abuja on Monday.
According to the minister, the ministry will give direction to international donors on what the needs of the country are.
The minister added henceforth, no foreign donor should design a programme in the name of assisting the country.
Ahmed also directed her team at Budget and National Planning to initiate another planning programme for the country as vision 2020 programme would soon elapse.
She urged the relevant stakeholders to consult widely and come up with a national planning programme that could be run between 10 and 15 years.
She said a lot of tasks had been given to the ministry by the president, adding that the ministry has a short time to delivery in all the mandates.
The minister said that 2020 budget must be ready in September according to the directive of the president.
She also charged the management staff and other personnel in the ministry to work for increase in revenue of the country.
She said that there was need to increase revenue performance from 55 per cent in 2018 to 85 per cent.
Ahmed charged the directors and unit heads to ensure that workers under them perform their duties diligently.
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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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