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FHA To Launch 764 Housing Units For Low Income Earners

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The Federal Housing Authority (FHA) has promised to ensure that common Nigerians yearning for housing allocations in the country benefited from its nearly completed housing scheme in Zuba, FCT and nationwide.
FHA’s Managing Director, Prof. Mohammed Al-Amin, made the promise on Monday during an inspection of its Zuba housing project site by the Minister of Power, Works and Housing, Babatunde Fashola.
Al-Amin said that the 764 housing units project which has gulped N3.7 billion would be inaugurated in August.
Fashola had earlier given directive to the authority during the inspection to ensure that young and common Nigerians yearning for accommodation benefited from the project.
The FHA boss assured that the authority would put arrangements in place to ensure that Nigerians that the houses were designed for actually get them.
“We have taken several measures to ensure that the end users are actually the common Nigerians. For instance, we are encouraging all sorts of groups to form housing cooperatives.
“Forming cooperatives does not only mean getting land and building the houses but there is consideration during the housing allocations.
“We are poised to do better in the finishing touches, especially in the toilet and rooms; these will be taken into considerations to come out with lesser cost for the housing,” he said.
The housing project, which is almost completed, with the houses roofed is located within its target beneficiaries at Zuba Model Market, FCT College of Education and Zuba Spare Parts Market.
Al-Amin said that another mass housing work is ongoing in Kwali and Bwari with labourers on ground so that those who could not afford to stay in the central business district or hinterland can get houses at the periphery.
“We have another type of housing called Affordable Nationwide Housing Project just like we have started this one as pilot in FCT we are piloting Kastina and Ibadan once they are completed we will replicate it all over the country.
“For the nationwide affordable housing, it is going to be across the local government in state capitals. Presently, we have profiled 46 sites which after the pilot scheme in Ibadan and Kastina we will now deploy resources to all those places,” he said.
Earlier, Fashola had commended FHA for not compromising on the quality of the building materials used for the housing estate, adding that when completed it would be of globally competitive standard.
“We are trying to get what fits the pocket of ordinary Nigerians and the Federal Government is very determined on the housing projects; it will be efficient but not luxury.
“It will meet the global minimum competitive standard of public housing in terms of its fittings and finishing
“Affordability has to do with how much you can pay and how you pay there. There is a mortgage system in place and we have reduced the equity contribution of the mortgage system to boost affordability,” he said.
Fashola said that people, who would take up the houses, were expected to equally have Mortgage finance from the Federal Mortgage Bank of Nigeria (FMBN).
According to him, if you are working for the next 20 years, if the house is N10 million, it should be affordable for you if the payment method of monthly deduction is placed over your working career,” he said.
He further said that the ministry was also looking at “Rent to Own’’ scheme so that if one could not buy and could not get mortgage, one could rent and start contributing through house rent to become the owner later.
He was overwhelmed that the project has employed about 10,000 persons including suppliers, workmen, builders and artisans, saying  that more would be employed at the fitting stage. (NAN)

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Housing/Property

Expert Wants State Of Emergency In Housing Sector

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The Chief Executive of Fesadeb Communications Limited, Mr Festis Adebayo, has called on the Federal Government to declare a state of emergency in the housing sector to address effects of  population growth.
Adebayo, who was the convener of the just-concluded 13th Abuja International Housing Show, made the call in Abuja.
According to him,  the population of the country is growing at a geometric rate, while the government is working at arithmetic progression.
He said the Federal Government’s efforts could not match  the country’s population growth rate.
“The 18 million deficit cannot still be same,  everyday we are increasing in number  without increasing in ideas, policies and political will.
“The government should declare state of emergency in the area of housing; you cannot be selling cement for N2,500  and  then ask one to deliver a house for two million naira.
“The cost of building is very high, so government should act now before it will be late, “ said.
Adebayo said that government should not be involved in building houses, but it should come up with policies that would encourage people to invest in the sector.
He advised relevant authorities to focus more on what is called “Rental Housing Scheme’’ which he defined as “own and pay accordingly” .
Adebayo also called on the government to ban importation of building materials to encourage the use of local materials.
The Tide that the United Nations  Special Rapporteur on adequate housing, Leilani Farha, had  advised Nigeria to address its housing problem during her visit to the country. According to her,  the United Nations estimates that Nigeria’s population will double by 2050 to around 400 million people to make it the world’s third-largest nation after India and China.
She said that there was  lack of adequate housing in a country where most inhabitants lived on less than two dollars a day in spite of being Africa’s largest economy.

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Housing/Property

S’Africa APC Moves To Tackle Nigeria’s Housing Challenges

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The South African Chapter of the All Progressives Congress (APC) has promised to work with President Muhammadu Buhari to solve problems of housing, healthcare and energy in the country.
The group, in a letter addressed to the President and jointly signed by Mr Bola Babarinde and Prof. Folorunso Fasina, respectively, said these were critical issues demanding urgent attention of the President.
A copy of the letter, titled “On the National Question: Critical Issues Demanding Urgent Attention of Mr President,” was made available to The Tide last Monday.
The group, which expressed pleasure in meeting with the President during his visit to South Africa, said that the low income earners and civil servants were hardly remembered by developers of mass housing schemes in the country.
“The issues of affordability hampers ordinary citizens from access to good housing and a recent research done for Niger State shows that most civil servants die a few years after retirement from active service.
“Life after service is hard because things change sharply post-retirement, including housing. The Diaspora can assist in the provision of quality and affordable housing for the low to middle income earners, particularly civil servants.
“Using modern technologies, we can provide housing solution through mortgage financing supported by single digit interest rates. Workers will have between 15 and 25 years to repay, depending on the years of service left.
“It will be credit to this government to provide housing solution and reduce the suffering of the people,” the group said.
On the health sector, the group said that the country was not doing well taking into consideration the flight of medical personnel and the amount spent on medical tourism to countries like India, South Africa, Egypt and UK.
The group said that Nigerians in Diaspora, especially professionals in South Africa, were ready to partner the government at various levels on healthcare (primary, secondary and tertiary) to confront the health issues.
They said that this would also include mentorship of young medical personnel, exposure to the state- of-art-equipment, information exchange and sustainable, but affordable medical missions and training.
The group added that infrastructure including roads, water, school buildings, hostels accommodation and other facilities also needed attention of the government.

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Housing/Property

Niger Earmarks Land For 200 Housing Units

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The Niger State Government has provided land for the construction of 200 housing units to reduce the burden of accommodation among residents.
Managing Director, Happy Home Builders Nigeria Ltd, Mr Lukman Komolafe, disclosed this last Sunday in Abuja.
He said that the project was part of efforts by the state government to address the housing needs of residents of the state.
Komolafe said that the project, which started early in the year, would range from two bedroom bungalows to two bedroom compacts.
He said that the houses located along Madalla-Abuja road in Suleja would be completed by the end of the year.
According to him, the company was involved in building some housing units for cooperatives and groups in the state as part of effort towards addressing housing deficit.
Komolafe said that the company was known for its adequate and timely delivery of service.
“We are known for our excellence and professionlism with lot of commitment,” he said.
Komolafe said that housing was a crucial basic needs of every human being and so needed to be addressed urgently.
The housing estate which is an initiative of the Suleja Local Government Council and fully supported by the Niger State Government sits on 33.4 hectares of land with 371 number of plots with an average size of 450 square meters.

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