Saturday, 25 February 2017

Every Nigerian Adult to own a house in the next three years - FG

The Federal government has said it has concluded arrangements to ensure that every Nigerian owns house within the next three years.

It said plans were in top gear to ensure that it built 16-17 million units of houses every year across the states of the federation for public and private workers.


Minister of State, Power, Hon. Mustapha Baba Shehuri made this ‎disclosure in Ilorin, Kwara state capital on Thursday.

According to him, the project which would be achieved under a Public-Private Partnership arrangement was already in sight.

Hon Sheuri said this at the official commissioning of 250 housing estate units financed by the Federal Mortgage Bank of Nigeria (FMBN).

Speaking at the event, the minister said, “The Federal Ministry of Power, Works and Housing will continue to strive at meeting the challenges of housing deficit in Nigeria, which has been put at 16-17million units.

“Indeed, the Ministry’s plan to build several housing units in every state of the federation for public and private workers every year, over the next three years, under a Public-Private Partnership arrangement has reached an advanced stage in terms of implementation.”

He said this became imperative because, “Every government has the responsibility of addressing the welfare of its citizens in all possible ways.

“It is in this context that it has been a matter of priority for the President Muhamamdu Buhari led administration to provide affordable housing for the teeming Nigeria’s populace.

“National Housing models have been designed and approved for each of the geo political zones"

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