Business
Ex-ANAN Boss Seeks Removal Of Barriers On FTZs
Former President, Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, has advised the Federal Government to remove barriers hindering development of Free Trade Zones (FTZ) in the country.
Nzekwe gave the advice in an interview with newsmen in Lagos recently.
He urged the Federal Government to solve the challenges in the areas of infrastructure, slow response to changes in global trend and high cost of borrowing.
Nzekwe added that inconsistency in policies were also key factors that negated development of FTZ.
He called on the Federal Government to work with other relevant government agencies such as the Nigerian Customs Service and the Nigerian Immigration Service to make the zones attractive.
According to him, the removal of trade barriers will generate employment, boost export of local products and increase foreign exchange earnings for the country.
He said, in addition, it would encourage foreign investments in the country.
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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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