• About Us
  • Contact Us
  • Privacy Policy
  • Submit an Article
  • Advertise With Us
Friday, May 27, 2022
  • Home
  • Industry News
    • Video
  • Property
    • Real Estate Investment
    • Research
  • Special Focus
  • Home Tips
    • Outdoor
    • Lifestyle
    • Interior
    • Health Guide (DIY)
  • Market Guide
    • Average Property Prices
    • Average Mortgage Rates in Nigeria
    • List of Primary Mortgage Institutions in Nigeria
No Result
View All Result
Homes & Property Guide
Advertisement
  • Home
  • Industry News
    • Video
  • Property
    • Real Estate Investment
    • Research
  • Special Focus
  • Home Tips
    • Outdoor
    • Lifestyle
    • Interior
    • Health Guide (DIY)
  • Market Guide
    • Average Property Prices
    • Average Mortgage Rates in Nigeria
    • List of Primary Mortgage Institutions in Nigeria
No Result
View All Result
Homes & Property Guide
No Result
View All Result

24 states contribute 2000 hectares towards FG social housing scheme

Zion Rufus by Zion Rufus
1 year ago
in Research
1 0
0
Senate calls for policy changes, price reduction for cement industry
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

About 24 states have contributed over two thousand hectares of land with titled documents to the Federal Government’s Social Housing programme, while 17 have indicated interest to participate in the Solar Power programme in the ongoing Economic Sustainability Plan.

ADVERTISEMENT

Mr. Femi Adewole, Managing Director/CEO, Family Homes Fund Limited (FHFL) – the implementing agency for the Social Housing scheme, disclosed that 17,584 units across 16 locations are now on the pipeline.

He said: “We are having a successful push in assembling land to feed the housing construction. So far about 2156.4ha have been assembled ready for development. This has the capacity to accommodate about 65,000 homes.”

According to the presentation made by the Managing Director of the Rural Electrification Agency (REA), Alhaji Ahmad Salihijo, the Solar Power Naija team has had engagements with the six states who have identified private sector developers.

The team has also selected Akwa Ibom, Ekiti and Kano as pilot states for the state-guaranteed transaction model for the solar power programme.

He explained that REA is currently tracking transactions worth N55 billion potentially contributing the first two million connections in Nigeria and providing thousands of jobs.

For instance, the programme is currently tracking four transactions in the commercial bank upstream channel contributing 3,500 jobs and 100,000 connections.

Adewole explained that under the ESP Social Housing programme, Nigerians would be given at least a 15-year period with a monthly payment at six percent interest rate to pay for each housing unit.

“This will help to improve access to housing for low-income people in the informal sector who-(otherwise) will not have an opportunity to access a mortgage,” he stated.

Zion Rufus

See author's posts

Tags: federal governmenthousing schemeNigeriaSolar Power

Related Posts

Death toll reaches 10 in building collapse in southwest Iran
Research

Death toll reaches 10 in building collapse in southwest Iran

2 days ago
Severe wind destroys 463 houses, renders 1,326 households homeless
Research

Severe wind destroys 463 houses, renders 1,326 households homeless

1 month ago
Countries whose tourism sector would be most affected by the Russian conflict
Research

Countries whose tourism sector would be most affected by the Russian conflict

3 months ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Lagos State Safety Commission

Lagos State Safety Commission conducts safety audit on LASU senate building

May 26, 2022
Death toll reaches 10 in building collapse in southwest Iran

Death toll reaches 10 in building collapse in southwest Iran

May 24, 2022
U.S. home sales slide to pre-pandemic levels in April

U.S. home sales slide to pre-pandemic levels in April

May 23, 2022

Recommended

Africa joins market dominance for global green housing

Africa joins market dominance for global green housing

5 months ago
FCT Minister of State, Dr. Ramatu Tijjani Aliyu

FCTA woos private sector entities to address housing deficit

1 week ago

Most Popular

American star closes deal on $21 Million coastal California mansion
Industry News

American star closes deal on $21 Million coastal California mansion

3 months ago
When your cars and gold chains can’t save you, Real Estate will
Real Estate Investment

When your cars and gold chains can’t save you, Real Estate will

1 year ago
Lagos State Safety Commission
Industry News

Lagos State Safety Commission conducts safety audit on LASU senate building

10 hours ago
  • Trending
  • Comments
  • Latest
When your cars and gold chains can’t save you, Real Estate will

When your cars and gold chains can’t save you, Real Estate will

February 2, 2021
4 things you shouldn’t do to that lovely bedroom you have

4 things you shouldn’t do to that lovely bedroom you have

May 18, 2021
Edile Construction Limited: Taking building technology to enviable pedestal

Edile Construction Limited: Taking building technology to enviable pedestal

December 31, 2020
How to deal with really noisy neighbors

How to deal with really noisy neighbors

January 28, 2021
NIOB seeks passage of Building Code Bill, independent inspectors

NIOB seeks passage of Building Code Bill, independent inspectors

Opinion: Turning 360 degrees anticlockwise

Opinion: Turning 360 degrees anticlockwise 2

Top ways real estate investors are pushing for sustainable housing

Top ways real estate investors are pushing for sustainable housing

Opinion: Collapsed buildings in Lagos: Who are the losers?

Opinion: Collapsed buildings in Lagos: Who are the losers?

Lagos State Safety Commission

Lagos State Safety Commission conducts safety audit on LASU senate building

May 26, 2022
Death toll reaches 10 in building collapse in southwest Iran

Death toll reaches 10 in building collapse in southwest Iran

May 24, 2022
U.S. home sales slide to pre-pandemic levels in April

U.S. home sales slide to pre-pandemic levels in April

May 23, 2022
Two killed, three injured, many trapped in fresh building collapse in Lagos

Two killed, three injured, many trapped in fresh building collapse in Lagos

May 21, 2022
Homes & Property Guide

Homes & Property Guide online is an innovative and informative web-based medium that plays a key role in the development of the built environment.

Follow Us

Browse by Category

  • Architecture
  • Health Guide (DIY)
  • Home Tips
  • Industry News
  • Interior
  • International
  • Interviews
  • Lifestyle
  • Outdoor
  • Property
  • Real Estate Investment
  • Research
  • Special Focus
  • Video
  • Viewpoints

Recent News

Lagos State Safety Commission

Lagos State Safety Commission conducts safety audit on LASU senate building

May 26, 2022
Death toll reaches 10 in building collapse in southwest Iran

Death toll reaches 10 in building collapse in southwest Iran

May 24, 2022
  • About Us
  • Contact Us
  • Privacy Policy
  • Submit an Article
  • Advertise With Us

© 2021 homes and property guide

No Result
View All Result
  • Home
  • Industry News
  • Property
  • Special Focus
  • Real Estate Investment
  • Research
  • Home Tips
    • Interior
    • Outdoor
    • Lifestyle
    • Architecture
    • Health Guide (DIY)
  • Video
  • Submit an Article
  • Contact Us
  • About Us

© 2021 homes and property guide

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version