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Africa Housing News > Blog > Nigeria Housing News > Fashola Lists Funding, Delay of Projects Completion as Challenges to Housing Development in Nigeria
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Nigeria Housing News

Fashola Lists Funding, Delay of Projects Completion as Challenges to Housing Development in Nigeria

Fesadeb
Last updated: 2019/10/25 at 9:55 AM
Fesadeb Published October 25, 2019
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The Minister of Works and Housing, Babatude Fashola has stated that the ministry is faced with paucity of budgetary provisions to complete its projects.

The Minister who made this known during his appearance before the Senate committee on housing Wednesday said, “the major factor affecting this sector of the ministry (on the) overall issue of timely completion of projects on schedule or ahead of schedule is insufficient budgetary provision to sustain annual cash flow requirements to meet desired targets as stipulated in the planning stages of all projects,” he said.

Mr Fashola also said the ministry 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 of the Federal Ministry of Works and Housing Headquarters Mabushi Abuja.

He also said “there is need to meet up with outstanding international Organisations commitment to Shelter Afrique Programme of which Nigeria is a major player.”

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Fesadeb October 25, 2019 October 25, 2019
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