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Africa Housing News > Blog > Nigeria Housing News > FCT To Partner Competent Developers In Housing Scheme
Nigeria Housing News

FCT To Partner Competent Developers In Housing Scheme

Fesadeb
Last updated: 2020/09/28 at 10:15 AM
Fesadeb Published September 28, 2020
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The Federal Capital Territory (FCT) has expressed willingness to partner with developers who have capacity and competence to deliver affordable housing.
Minister of State, Dr. Ramatu Tijjani Aliyu, who stated this during a meeting with the management of Tayan Group in Abuja, said that such partnership would fast-track the execution of the presidential mandate to deliver 5,000 affordable housing units to residents.
She, however, warned that development in the nation’s capital must comply with all engineering rules and regulations in line with the FCT master plan.
While reiterating the commitment to complete all abandoned and ongoing projects, the Minister said, the administration would only partner with companies with financial capacity to execute projects within 18 month- period.
READ ALSO: ‘Kaduna Mortgage Authority ‘Ll Make Houses Affordable’
She said: “The new projects we can execute now are those that will impact on the citizenry, mainly road construction, housing, water, healthcare and transportation.”
The minister also noted that one of the challenges of people who work in the FCT is accommodation and to ease that burden, the president has ordered the provision of affordable housing.
Earlier in his presentation, the Managing Director of Tayan Group, Mr. Tola Ayanlola, unveiled the company’s ‘Project 10,000 Smiles Home for All’ to be located in Kuje, which will accommodate all classes of people.
Ayanlola revealed that the shortage within the housing industry has prompted the involvement of the company to bridge the gap by delivering affordable homes.
Source: (The Guardian)

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Fesadeb September 28, 2020 September 28, 2020
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