Page 2 - கூட்டாட்சியின் அடமானம் வங்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Recapitalisation of FMBN will help reduce our housing deficit
dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.
APC National Chairmanship: Considering Yuguda s Factor -By Usman Abdullahi Koli
opinionnigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from opinionnigeria.com Daily Mail and Mail on Sunday newspapers.
Katsina APC Adopts Consensus Option for Congresses
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
Share
PENULTIMATE week, the Senate approved the 2015 report of its committee on Public Accounts which indicted 59 ministries, departments and agencies (MDAs) of the government, asking them to return over N300 billion to the Federation Account. In addition, it faulted the Nigerian National Petroleum Corporation (NNPC) over its non-remittance of N3.8 trillion realised from crude oil sales in 2015 alone while mandating the anti-graft agencies, the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to go after the government officials responsible for diverting funds during the year under review. For over a year, the Senate Committee on Public Accounts had been investigating the expenditures by federal government agencies from 2015 – 2018 based on audit report by the Auditor-General for the Federation.
In his welcome address, the Convener of AIHS, Barr Festus Adebayo, underscored the importance of this year’s theme as the housing sector post-pandemic should be viewed as a necessary and critical social infrastructure for fighting the menace of the pandemic.
Adebayo noted that to prevent the mass fatalities witnessed in some countries due to the COVID-19 infections, it was pertinent to invest in innovations that would enable housing to be a tool in combating the virus.
While commending the CBN, Ministry of Finance and other stakeholders for the establishment of the N200 billion National Social Housing Programme managed by the Family Homes Funds to deliver 300,000 housing units for low-income earners, he stressed on the need to build affordable housing by government and the private sector to effectively tackle the growing house deficit.