Economy
National housing programme attracts 7, 315 applications within 6 days— Fashola
Minister of Works and Housing, Babatunde Fashola, SAN has informed the Senate that a total of 7, 315 applications from prospective House owners have been received within six days after the launch of the National Housing Programme. According to him, portal for the National Housing Programme comprising of one, two and three bedroom apartments for sale at prices ranging from N7.2 million to N13 million was opened at the Headquarters of the Federal Ministry of Housing in Mabushi. Speaking in Abuja when he appeared before the Senator Sam Egwu, led Senate Committee on Housing during the 2022 budget defence session, Fashola who disclosed that on the available 5,000 Units of Houses for sale in 34 out of the 36 States of the federation, 7,315 applications were received within six days, said that they were Nigerians cutting across 14 or 16 States as no applications have been received from 20 States .

Fashola said, ”The applications received so far from prospective House owners are about 2, 315 higher than the available 5,000 housing units available for now. This is even as applications have not been received from Nigerian workers in about 20 States “ According to him, the current National Housing Programme is a pilot or demonstration scheme meant, among others, to galvanise private sector participation. On Housing Housing deficit, Fashola who told the Committee that solution to it is not just on building of houses but marketing the empty ones, said that the National Housing Programme had not succeeded in the past and some of the houses built then still remain emptyy due to cultural or financial factors.
-
Economy2 days agoNigeria Sovereign Investment Authority announces winners of $275,000 prize for innovation
-
Finance2 days agoAirtel Money reports 25% growth in first-half revenue in maiden results
-
Economy2 days agoFG targets single-digit inflation by end-2027 to unlock cheaper borrowing— Oyedele
-
News2 days agoEFCC arrests 14 Chinese nationals in Nigeria for operating illegal lithium processing plants
-
Maritime2 days agoNIMASA, ITF signs MOU on Seafarer wellbeing, MoU First in Africa—ITF
-
Oil and Gas2 days agoHoneywell Technologies launches new AI platform at Dangote’s Nigeria refinery
-
Finance22 hours agoUBA seeks jail term for WEMPCO directors, intensifies N61bn loan recovery drive
-
Oil and Gas22 hours agoBayelsa suspends oil firm’s land acquisition over fatal community dispute
