Pressed to increase the housing stock, the Federal Government has announced that over 1,000 units are at various levels of completion under the second phase of the National Housing Programme. HousingScheme Nigeria
It also stated that about 1,000 units have already been completed across the country through the first phase of the programme. Minister of State, Works and Housing, Abubakar Aliyu made this known at the 14th Abuja international housing show entitled, “Housing Finance and Livable Cities: Innovation for 2020 and Beyond”, held virtually.
According to him, the Ministry has continued to align its affordable housing programmes towards meeting the government’s agenda on housing development. Under the budget, the national and social housing scheme will gulp N17.5 billion and N30 billion respectively. The minister said the government is concerned about the several figures on Nigeria’s housing deficit, ranging from 17 to 22 million and has constituted a special survey committee to verify the actual figures for proper planning. He assured that the government is willing to partner with credible private sector developers towards actualising government’s aspirations on housing development in the country.
Dangiwa said government is introducing new products such as the diaspora mortgage loan, student hostel construction financing and full automation of NHF processes.
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