The President, Association of Professional Bodies of Nigeria (APBN) Mr. Foluso Fasoto has called on the federal government to improve the housing scheme by providing habitable and affordable housing to Nigerians.

The president who stated this in Abuja yesterday during the Board meeting of the professional bodies comprising presidents of 28 professional bodies and State chapters of Chairmen of APBN debunked claims that the drop in price of oil in the international market would affect housing development.

He maintained that members of APBN in the built sector was collaborating with representatives of the federal government to improve housing delivery in line with global standard adding that the public would soon appreciate their efforts towards sustainable housing delivery.

On Nigeria’s crude oil production, he added, “The output increased by 252,800 barrels per day in January 2016 up from the 1.697 million barrels per day it recorded in December 2015 to 1,949 million barrels per day which has boosted the total production of the Organisation of Petroleum Countries (OPEC) in the month under review.

Fasoto was optimistic that FOREX rate was yielding to the economic theory of demand and supply just as he enjoined Distribution Companies (DISCO’s) to ensure the availability of pre-paid meters before pricing in order to stem fraudulent practices

He said the professional body was willing to partner with the federal government to further expose players in subsidy scam even as he suggested the publishing of actual cost of each barrel of oil sold in Nigeria for transparency.

Source: Leadership Newspaper



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