As presented in the 2020 Budget Proposal for the housing sector, about N60.8 billion has been proposed for capital expenditure in the housing sector of the Ministry appropriation.
Meanwhile, overhead cost was put at N118.9 million and personnel cost at N4.4 billion.
While making an appearance before the Senate committee on housing on Wednesday, the Minister of Works and Housing, Babatude Fashola said the Ministry plans to build 2,383 homes in 2019, a far cry from the expected 700,000 target set by the World Bank if Nigeria must reduce its 17 million housing deficit.
The ministry according to him also plans to prioritise the completion of ongoing constructions at the federal secretariats in Anambra, Bayelsa, Ekiti, Nasarawa, Osun and Zamfara.
Other projects include: Design and installation of Solar power PV Microgrid System and Energy Retrofitting.
