The vice president said that 17 States have indicated interest to participate in the Solar Power programme, also an important element of the ongoing implantation of ESP. He said that an agreement has been reached with one major cement manufacturer in the country to sell at significantly discounted prices as low as N2,600 per bag of cement for the social housing projects. The vice president said the agreement is an offshoot of a meeting he held with three major cement manufacturers in the country– Dangote Cement, Bua Cement and Lafarge Cement manufacturers. He said that the focus must be on providing affordable housing for the masses.
Vice-President Yemi Osinbajo has secured the pledge from cement manufacturers in the country to offer discount on the commodity for the Federal Government’s Social Housing Scheme.
Nigeria: Govt Flags Off 300,000 Low-Cost Houses, Targets 90% Local Materials allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
By Emmanuel Addeh
The federal government has flagged off its nationwide low-cost housing scheme in Abuja, announcing that its prices will range between N1.4 million and N1.8 million for a one-bedroom and two-bedroom units respectively, excluding financing and infrastructure costs.
Coming under the National Social Housing Programme (NSP) and executed by the Family Homes Funds Limited (FHFL), the scheme, the government said, would involve the building and acquisition of 300,000 units across the country through a transparent process.
Speaking during the media launch and official unveiling of the registration portal, Managing Director, FHFL, Mr. Femi Adewale, noted that in the course of the project, the plan was to achieve 90 per cent local manufacture of building materials.
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Nigeria requires a minimum of 700,000 to 1million housing units every year for probably a decade to close the about 16 to 22 million housing deficits in the country, Managing Director(MD) Nigeria Police Force Property Development and Construction Company (NPFPDCC), Kemi Olomola Sijuade has said.
She said statistics from the National Bureau of Statistics,(NBS) states that the country presently builds an average of only 100,000 housing units per year and only a few working-class Nigerians can afford to buy one.
The MD made the assertion on Wednesday in Abuja, at the media launch of the National Social Housing Programme (NSHP) Model House and Housing Information Portal being implemented by Family Homes Funds Limited (FHFL).