• As Fashola commissions 154 unit housing estate
The Minister of Works and Housing, Babatunde Fashola, has flagged-off the National Cooperative Housing Development Scheme (NCHDS).
This is even as he commissioned a Federal Mortgage Bank of Nigeria (FMBN) funded 154-housing unit Cooperative Woodhill estate located in the Federal Capital Territory (FCT), Kuje, Abuja.
Speaking at the commissioning of the project’s first phase yesterday, the Minister expressed the commitment of the current administration to providing affordable housing for Nigerians.
He said: “FMBN as an agent of the Buhari administration is addressing the problem of housing affordability frontally. I commend the Board and Management of FMBN for this first in a series of many events that define our new partnership with Cooperative Societies.
“Yes, we have come to commission a housing estate and I commend the architect, the property development company, the cooperative members and the subscribers. This string of partnerships, including subscribers who want a house, who are ready to pay for it, who can afford it; the developer who is committed to delivering it, an architect who can meet the needs of the subscribers and most importantly a bank that can translate their dreams and vision into an actual homestead, where people can say I have shelter, is important and we want to do more of it.”
Source: Tribuneng
