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FHA To Provide 106,000 Housing Units In 4 Years – Gemade
The Federal Housing Authority (FHA) is working hard to provide Nigerians with 106,000 housing units in the next four years, its Managing Director, Mr Terver Gemade, has said.
Gemade told the News Agency of Nigeria (NAN) Forum on Sunday in Abuja that that was the target which the current management of the organisation had set for itself.
He said the FHA planned to execute the project with internally generated revenue, adding, however, that with government sponsorship the figure could climb to as high as 240,000 units.
The managing director said: “For the past eight years, we have not been funded by government; we source for finance from the open market.
“We do our capital projects with this, pay back the loans with interest and plough back the profit into building more houses. So, this is how we have been surviving for the past eight years.”
He said the FHA had been able to provide 37,000 housing units in its 36 years of its existence, stressing that it had not done too badly considering the limited resources at its disposal.
Gemade added: “When you now look at the quantum of production vis-à-vis the population of the nation that is yearning for housing, then you may say that we have not fared very well.
“But I can assure you that if all hands are on deck, I tell you that deficit can be bridged very, very fast; within a short period of time.’’
According to him, the FHA is not solely responsible for the country’s housing deficit as it was just one agency of government saddled with the provision of housing.
He noted that there were many other agencies that were into housing, including private companies and developers.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
