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Africa Housing News > Blog > Latest Affordable Housing > FG Completes 6,000 Housing Units, Reels Out Application Procedures
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Latest Affordable Housing

FG Completes 6,000 Housing Units, Reels Out Application Procedures

Fesadeb
Last updated: 2022/05/05 at 9:02 AM
Fesadeb Published May 5, 2022
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FG Completes 6,000 Housing Units, Reels Out Application Procedures
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Approximately 6,000 housing units have been completed by the Nigerian government across the country.

Malam Mu’azu Sambo, Minister of State for Works and Housing, confirmed the development.

According to him, the houses are financed by the Federal Housing Authority (FHA) and the Federal Mortgage Bank of Nigeria (FMBN).

Sambo told the News Agency of Nigeria (NAN) in New York that Nigerians both at home and abroad should purchase the houses listed on the Federal Ministry of Works and Housing website.

“These residences are competitively priced for most Nigerians, and if they are unable to pay right away, we encourage them to approach FMBN and open an account with the bank.”

“Interested Nigerians may register an account with FMBN or any of the key mortgage institutions, particularly if they contribute to the National Housing Fund.

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“The houses are sold on the portal because we want to be transparent. Nigerians are advised to go online, look at the houses they like, and in any state and apply.’’

Sambo told NAN that 700 of the 6,000 units would be launched in Zuba in May, and that providing social housing is one of President Muhammadu Buhari’s administration’s goals.

“The government priority is social inclusion, which targets the reduction of poverty and enhancing the livelihood of poor people by building houses that will give them comfort, shelter, and sustainability.

“For instance, we don’t want to build a house that is expensive and difficult to maintain. Our intention is to meet the requirement of the Constitution, which is the right to shelter for every Nigerian,’’ he said.

Furthermore, the minister stated that the government was aiming to deliver 900 housing units in 35 states under its National Housing Programme (NHP).

“We have completed phase one of NHP and in some states, phase two has been completed and in some states, we are in phase three.

“Almost all the states are in phase three. In each state, they are not less than 100 houses, and we are looking at 300 houses in three phases.

“Some of them are being commissioned but we are going to commission that of Taraba this month,’’ he said.

PM News

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TAGGED: Africa housing news, FHA, Housing, Latest Housing News & Updates - Africa Housing News
Fesadeb May 5, 2022 May 5, 2022
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