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LequteMan
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The Federal Government of Nigeria has inaugurated a 12-man ministerial committee to develop a blueprint for affordable housing in the country, ThisDay reports.
In a statement signed by the Director, Public Affairs, Mr. Adedeji Ajibade, Mr. George Ossi, the Permanent Secretary, Federal Ministry of Lands, Housing and Urban Development, said government was concerned about the wide gap in the affordability of houses in the country.
Ossi said about 600,000 housing units are currently being developed annually through the Public Private Partnership (PPP) arrangement, and another 240,000 affordable housing units by the Federal Housing Authority, 240,000 low cost housing units under the prototype housing scheme as well as the development of new towns and cities in the states of the federation.
He noted that home ownership will truly give Nigerians a stake in their communities and constitute the first major capital investment and life ambition of individuals. He said a strong housing and construction sector can help to generate employment opportunities and social benefits to the citizens. The Committee, the statement added, has four weeks to conclude its assignment.
In a statement signed by the Director, Public Affairs, Mr. Adedeji Ajibade, Mr. George Ossi, the Permanent Secretary, Federal Ministry of Lands, Housing and Urban Development, said government was concerned about the wide gap in the affordability of houses in the country.
Ossi said about 600,000 housing units are currently being developed annually through the Public Private Partnership (PPP) arrangement, and another 240,000 affordable housing units by the Federal Housing Authority, 240,000 low cost housing units under the prototype housing scheme as well as the development of new towns and cities in the states of the federation.
He noted that home ownership will truly give Nigerians a stake in their communities and constitute the first major capital investment and life ambition of individuals. He said a strong housing and construction sector can help to generate employment opportunities and social benefits to the citizens. The Committee, the statement added, has four weeks to conclude its assignment.