The Federal Government of Nigeria, through the Minister of Works and Housing, Babatunde Fashola, has announced the sales of it housing units, that are ready in some parts of the country.
Minister Fashola who made the announcement during the unveiling of the online housing portal in Abuja, encouraged Nigerians to embrace the opportunity by applying via the website for the housing scheme.
Fashola stressed that, because the FG is aware of the challenges of owning a house, the President Buhari led administration in December 2020, “moved to construct 300,000 housing units for low-income earners under its National Social Housing Programme, (NSHP)”
The Minister therefore, urged Nigerians to seize the opportunity, open to members of the public, to own one of the affordable housing units; adding that, applying online allows for openness, limited human interventions, and more accountability on the part of the government.
Fashola said Lagos State had yet to provide the Federal Government with land, while Rivers State would join in the third phase of the project.
The Minister of Works and Housing, Fashola, is quoted by Nairametrics to have said, “houses under this programme would be sold from N7 million to N16.19 million, with the payments either through mortgage or any financial system of preference.”
Minister Babatunde Fashola, is again quoted by Nairametrics to have stated that,
“We currently have over 5,000 units at different stages of completion. The houses range from one, two and three semi-detached bungalows and one to three-bedroom flats.
“The least selling price for each of these houses will be N7.2m and the highest will be N16.19m.
“The highest is a three-bedroom bungalow, it is not just the house but it also has land along with it.
“The bungalows are a little more expensive than the blocks of flats which do not have additional land.
The Minister continued ,
“This is the first time we have a platform that every Nigerian has access to. This provides an opportunity for all Nigerians to apply and ensure a fair process of allocation. We will soon start the official handover and tape cutting as the subscribers come in. We have maintenance and facilities managers in all the estates.”
He however affirmed that,
“There are some slight price differences in the blocks of flats built in the riverine, and swampy areas, for example, houses in Edo, Bayelsa.”
The Minister reiterated that, over 5,000 housing units are being completed in 34 states of the federation, including the Federal Capital Territory, Abuja in the first and second phase of the project.
He emphasized that, Lagos and Rivers States respectively, would be inculcated in the third phase of the project if the two states provide land for the construction.
Fashola submitted that, with this laudable FG initiative, the Buhari’s government Economic Sustainability Plan, meant to deliver affordable housing units, as well as create jobs for millions of Nigerians, is being achieved.