The covid-19 has unfolded several socio-economic uncertainties,for the nation and the Nigerian citizenry at large, there is therefore a need to aptly craft a way forward,in the post covid-era.
Amnesty for the trillions of funds looted is proposed, with the finds recovered placed in The Post Pandemic Rehabilitation and Reconstruction bond. It is designed to be a private placement and would only apply to those involved.
The funds recovered from those who choose to accept this amnesty, will go to this bond, as it is expected to bring home the bulk of funds,which may exist in multi-currencies. The bond will be irredeemable and carry a zero coupon. These funds will be used to build social housing in a new order, with a view to service mobility, new market structure for housing, amongst others.
Professor Charles Inyangete , the Pioneer Managing Director, Nigeria Mortgage Refinance Commission, posited this, in the just concluded Housing And Development Advocacy Webinar, tagged Affordable Houses:Post Covid-19 in perspective.
In addition, he reiterated the need for establishing a national housing commission, a neutral and coordinating body that will engage in developing a robust housing economic model and create a national housing policy amongst others.
