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private investors in housing sector RIVERS
Governor Nyesom Wike of Rivers State

Rivers opens arm to private investors in the housing sector

The Rivers State Commissioner of Housing, Barr. Emma Okah, has emphasised the need for private investors in the housing sector to take full advantage of the government’s liberal housing policy of the Governor Nyesom Ezebunwo Wikes’ administration.

The Housing Commissioner stated this in a press release recently, noting that the state has huge deficit in housing that needs drastic intervention.

“Rivers State Government plans to undertake massive housing development for the different economic levels of residents. As a caring Government, we will create opportunities for private investors to take advantage of this prospect,” he said.

Okah said the government has a good housing policy within the framework of the National Housing Policy and UN-Habitat to enable easy access to lands for viable real estate investors who in turn would establish new and well-planed mega cities that are affordable with ample parks, schools, sports clubs, places of worship and commerce.

“Such towns would also have modern facilities like water, electricity, internet facilities etc.

“Indeed speed and quality is needed to meet the ever increasing demand for houses across the state and government cannot achieve the need to transfer more houses to the public alone,” Okah stressed.

READ ALSO – RIVERS: N853m property destroyed, 94 killed in political violence

This is because the growth in the number of middle and upper-middle class families with the associated need to have a home of their own have necessitated the need for combined effort as government at both the state and federal levels in the country cannot meet the housing needs of the people.

The Commissioner stated that partnership with willing and interested investors in the housing sector was imperative as such constructions would further provide employment and a secure society as thousands of residents would be employed directly and indirectly.

 

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