Vice President, Yemi Osinbajo, on Sunday, disclosed that the Federal Government and cement manufacturers have agreed on a discount for the government’s Social Housing Scheme currently being implemented under the Economic Sustainability Plan (ESP).
Laolu Akande, the VP’s spokesman in a statement on Sunday, in Abuja, quoted the vice president as saying that the discount formed part of Federal Government’s determination to ensure the success of the scheme meant for low-income earners.
“They have agreed to give cement for this project at a considerable discount, which is a very helpful thing to do, and we really commend and thank them for the contributions they are making. It is a very patriotic thing on their part. They also see the importance of this Mass Housing Programme,” he said.
Osinbajo, who was visiting completed units of the model houses at Dei Dei, a Federal Capital Territory suburb, observed that it was possible to deliver decent and affordable accommodation that would be within the reach of many Nigerians.
At the end of his inspection of the prototypes of the one-bedroom and two-bedroom bungalows, Osinbajo expressed satisfaction with the quality of the design and the fact that the houses were very affordable.
According to him, on the average, anyone earning N30,000 a month and was ready to spend a third of that amount would be able to afford one of these houses, that is the plan.
“From what I have seen so far, there is a one-bedroom unit and there is a two-bedroom unit, both coming under N2 million. I think that this is a very good thing indeed. And a point has been made that it is possible to build good, decent accommodation that isn’t out of the reach of practically everyone.
“We are hoping that we will be able to replicate this not just in Abuja but all over the country.
So far, the Family Homes Fund is in 11 States, and they have given up land for the project.
“We are hoping that this year, we will be able to very rapidly improve the scale and speed of putting these houses in place.
“Once we are able to get moving quickly, we think we can make available several thousands of houses across the country and more people can afford to live in such houses”, the vice president said.