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Tag Archives: Housing projects

FMBN refunds N9bn housing fund to retirees

retirees

The Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Mr. Ahmed Dangiwa says more than N9 billion National Housing Fund (NHF), has so far been refunded to over 200, 000 retirees nationwide. The managing director said that every NHF contributed by civil servants was refundable with interest once they attained 60 years. Dangiwa made this known at the Affordable Housing ...

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Edo creates 3,000 jobs with National housing programme

jobs

The ongoing National Housing Programme by the Federal Government in Benin, Edo, has generated over 3,000 jobs and empowerment to Nigerians within the locality. Ebemeata Ani-Otoibhi, the Team Leader, NHP, Edo, made this known on Tuesday in Benin while briefing newsmen after the inspection of the project. Ani-Otoibhi said that the ongoing project with about 12 different contractors has attained ...

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FG focuses on critical infrastructure to boost socio-economic development

critical infrastructure

The Federal Government says it is focusing on critical infrastructure and housing mandate that will enhance the socio-economic development of the country. The Minister of Power Works and Housing, Mr Babatunde Fashola, said this during the inspection of phase one project of National Housing Programme (NHP) of 72 flats in Gwagwalada Area Council on Thursday Fashola noted that the Federal ...

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Plans to deliver 5,000 housing units in Osun state concluded

5,000 housing units in Osun state

All arrangements towards delivering 5,000 housing units in Osun state have been concluded between the Osun State Government and the African Nations Development Programme (ANDP), Independent reports. The project, designed to be two-bedroom bungalows would be built in five major towns in the state. In a statement by Mr. Olusola Adepoju, media officer, Osun State Ministry of Lands and Physical ...

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Federal Government begins construction of 2, 736 affordable housing units

2, 736 affordable housing units

“The Minister of Power, Works and Housing, Babatunde Fashola, yesterday said that the construction of mass housing projects in 33 states, 2, 736 affordable housing units, across the country has commenced.”-Daily Post The Minister, who disclosed this at the sixth meeting of the National Council on Lands, Housing and Urban Development, told delegates at the event that with ongoing housing ...

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Stakeholders advocate value-chain funding for affordable housing

funding for affordable housing

“To bridge the demand-supply gap in affordable housing in the country, stakeholders in the construction and financing sectors have advocated value-chain funding for affordable housing projects as an innovative means of tackling the challenge.”- The GuardianAccording to the operators, there are many houses unoccupied in many areas in the country but affordability remains a concern to people in need of ...

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Made-in-Nigeria policy cannot work in housing sector – FCTA

low cost housing

“The Federal Capital Territory Administration (FCTA) has said the Made-in-Nigeria policy of the federal government cannot work in the housing sector, because of the unrefined state of locally-sourced building materials in the country.”- Daily Post The District Officer, Department of Development Control in the FCTA, Dr. Sherif Razak, stated this on Wednesday during an exclusive chat with DAILY POST on ...

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NASS secures $300M loan for staff housing

Mortgage Credit Rating

“The National Assembly has secured a loan of $300 million for staff housing . It is to build about 10,000 housing units on various locations in the Federal Capital Territory for its core staffers, legislative aides and interested general public to own. The project which is spearheaded by the Parliamentary Staff Association of Nigeria (PASAN) but being coordinated by Clerk ...

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Fashola inaugurates 100 housing units in Ogbomosho

Federal Housing: Allottees protest alleged resell of plots

“Mr Babatunde Fashola, the Minister of Power, Works and Housing, has inaugurated 100 housing units in Ogbomosho, Oyo state, a project funded by the Federal Mortgage Bank of Nigeria (FMBN). Inaugurating the housing units on Friday, Fashola said meeting the housing needs of Nigerians was a major priority of the Federal Government. He commended the bank, the developer and other ...

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FG inaugurates 91 housing units in Enugu state

Housing loan for 60 Immigration officers

Vanguard reports that the Federal Government on Tuesday inaugurated 91 units of three bedroom bungalow in Vyvian Estate, Ibagwa Nike, in Enugu East Local Government Area of the state. The Minister of State for Works, Power and Housing, Alhaji Mustapha Shehuri, said that the feat was part of efforts to reduce housing deficit in the country. Shehuri said that plans ...

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