By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Housing Delivery- Senate Mulls Financial Autonomy for Federal Housing Authority (FHA)
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > Nigeria Housing News > Housing Delivery- Senate Mulls Financial Autonomy for Federal Housing Authority (FHA)
Nigeria Housing News

Housing Delivery- Senate Mulls Financial Autonomy for Federal Housing Authority (FHA)

Fesadeb
Last updated: 2020/03/12 at 7:07 PM
Fesadeb Published March 12, 2020
Share
SHARE

The Senate Committee on Housing, on Thursday, accused the Federal Housing Authority (FHA) of not doing enough to address the housing deficit, which was put at 18 million units.

Chairman of the Committee and former Ebonyi state governor, Senator Sam Egwu, said the pace of delivery at the FHA does not reflect any urgency or commitment to bridge the widening housing deficit.

According to the Senator who led other members of the Committee on oversight visit to the Federal Ministry of Works and Housing, the findings of the Committee showed that the parastatal is in a “terrible financial situation”.

He said, “the Federal Housing Authority is in a terrible financial situation, we are interested to find out what they are doing with the money they are realizing, we want to do everything to make the FHA work. If there is any way through legislative interventions and bills to support this Ministry to make sure that the parastatals actualize their mandates.”

The Committee also suggested that the funds provided for the Federal Government’s Mass Housing Project should be placed under the supervision of the FHA, adding that the parastatal will do better if it has financial autonomy.

The Committee faulted the allocation of funds for the Nnamdi Azikiwe Mausoleum and Library in the 2019 budget, when the project was completed and commissioned in 2018.

A member of the Committee and Senator representing Sokoto South, Senator Ibrahim Danbaba, who made the observation, said, “the Nnamdi Azikiwe Mausoleum and Library was completed in 2018, provision was made for 2017, 2018 and 2019, if the project was completed in 2018,
why make another provision for 2019?”.

In his response, the Works Minister, Babatunde Fashola, said that 1094 units of houses have been completed, while about 3000 units are ongoing at different levels of completion across the country, except in Lagos and Rivers states where they have land issues.

He also disclosed that the Ministry has also embarked on the remodeling of Federal Secretariats across the country and built new ones in some states where they were no Federal Secretariats.

Source: thenationonlineng

You Might Also Like

Nigeria Partners Kuwait Fund to Boost Affordable Housing and Sustainable Urban Development

LASRERA, Others Targets Real Estate Fee Reform with Grassroots Partnership

Sokoto Breaks Ground on ₦22 Billion Housing Estate for 500 Families

Ondo State Removes Owo Church Attack Memorial Park Over Cultural Clash

Lagos Empowers Estate Residents to Help Build Sustainable, Inclusive Communities

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

Fesadeb March 12, 2020 March 12, 2020
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?