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Tag Archives: Housing projects

Idi-Ogba community gets N10m for housing

Idi-Ogba community

Determined to showcase the Arakunrin Oluwarotimi Akeredolu-led administration’s passion for socio-economic and infrastructural development of the people at the grassroots, the Ondo State Community and Social Development Agency (ODCSDA), has presented a cheque of 10 million naira to Alubarika Group, Idi-Ogba community to build housing units. A community leader, Chief Olubukola Ebietomiye said the housing units project was the first ...

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FG advocates alternative funding for housing projects, roads

Housing projects

The Federal Government has advocated need to fund the various road and housing projects in the South-South region outside annual budgetary provisions. Minister of State for Power, Works, and the Housing, Mr. Mustapha Shehuri, who said this during a three-day inspection tour of projects in the South-South region, yesterday, said there was a need for other sources of funding besides the ...

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FG plans to raise N800m for mass housing projects

housing units

The Federal Government announced yesterday that it was planning to raise over N800 million from the African Development Bank, the World Bank and other institutions to provide affordable mass housing accommodation for Nigerians. The Chief Executive Officer of Family Homes Funds, FHF, Femi Adewole who announced this in Abuja during the fund-raising/launching of Real Estate Developers Association of Nigeria, REDAN, ...

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FG pledgess to complete ongoing housing projects

Housing projects

The minister of Power, Works and Housing, Babatunde Raji Fashola, has reiterated the commitment of the federal government to complete ongoing housing projects across the country under the ministerial pilot housing scheme. He stated this in Kano on Tuesday while declaring open a four-day annual management retreat of the Federal Mortgage Bank of Nigeria. Mr. Fashola who was represented by ...

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Fayemi urges FG’s support on infrastructure

Fayemi

Ekiti State Governor-elect, Dr. Kayode Fayemi, has called for the Federal Government’s support in the area of infrastructure development for the state. Fayemi made the call on Tuesday in Abuja during a courtesy visit to the Minister of Power, Works and Housing, Mr. Babatunde Fashola. He said the visit was to identify areas his administration, when inaugurated, would partner with ...

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Obaseki launches Edo-BEST, housing estate, others in canada

Obaseki

In a concerted effort to get the buy-in of the state’s Diaspora community, Edo State Governor, Mr. Godwin Obaseki, will be showcasing the revolutionary Edo Basic Education Transformation (Edo-BEST) programme and the 1800-unit Emotan Gardens project, among other growth and development enablers at the Edo National Association Worldwide (ENAW) Convention in Canada. The four-day Toronto convention, the 27th in the ...

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Insurance brokers seek FG’s support on housing projects

Housing projects

The Nigerian Council of Registered Insurance Brokers has urged the Federal Government to incorporate appropriate insurance policies into its housing projects. The President of the council, Mr. Shola Tinubu, who recalled that the Federal Government recently announced that N197bn was spent on the construction of 26,002 houses and the renovation of 13,953 homes across the country, stressed the need to ...

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AfDB uses sustainable housing developments to create jobs

AfDB

Through increased investment and sustainable housing development, African Development Bank (AfDB) has helped in alleviating poverty in its regional member countries (RMCs) which includes Nigeria. Besides providing one of the major needs of man which is shelter, housing development, more than any other economic activity, creates jobs, mostly for the poor who are engaged in various stages of construction as ...

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FG partners NSIA, others to provide 500,000 homes

NSIA

The Federal Government, through its Ministry of Finance is partnering with the Nigerian Sovereign Investment Authority (NSIA) and other players in the housing sector to provide 500,000 houses to prospective homeowners by 2023. The proposed homes, which is said to be the largest affordable housing focused fund in sub-Saharan Africa is set to provide 1.5million jobs that will positively impact ...

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Governor Dickson pledges to build more housing units to decongest Yenagoa

housing units

Bayelsa State Governor, Honourable Henry Seriake Dickson has assured workers on the timely completion of the ongoing low-cost housing units in Ayama and Agbura in Southern Ijaw Local Government and Yenagoa Local Government Areas of the state. He said on completion, the projects will decongest Yenagoa, the state capital and as well afford low-income earners the opportunity to own affordable ...

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