According to the agency, interested Nigerians can have homes delivered to them based on their financial capabilities.
The Managing Director/Chief Executive
Officer, FHA, Mr. Terver Gemade, explained that the development was
aimed at bridging the 17 million housing units’ gap in Nigeria.
He spoke on the sidelines of the handing
over of the affairs of the Ministry of Lands, Housing and Urban
Development to Mrs. Akon Eyakenyi in Abuja on Monday.
Gemade said, “We are targeting the middle
income earners this time around and we want to ensure that even low
income earners can own their homes. We are going to be specific in our
target to ensure that the homes are affordable, decent, durable and
sustainable.
“Of course, home ownership will be
assured by biometrics. We will ensure that we get your biodata and it
will be one thumb-print to one house. Since we are encouraging home
ownership, it does not matter whether a big man brings his villagers to
come and thumb print because at the end, the villagers will own homes.
“We will make the houses as low as N1.5m,
N2m, N3m, N4m and upwards. The N1.5m is for the studio house; what you
call the self-contained; and I can assure you that I can give you that
for N1.5m.”
Gemade said the FHA was looking forward
to developing large expanses of land in towns across the country, adding
that the pilot scheme had commenced in Abuja.
He said, “This is to ensure home
ownership to Nigerians and this will be replicated in major cities
across the country. There has been so much pressure on infrastructure in
most places in the country.
“Therefore, you need to develop new towns
where you can relieve the older towns the pressure on their
infrastructure. And the new towns will be sensible, more decent,
accommodating and peaceful for the existence of mankind.”
On the payment plan, the FHA boss said the Federal Mortgage Bank of Nigeria was set to give out mortgages to interested persons
He added, “You will recall that the
primary mortgage banks recapitalised last December and we have many of
such banks now that have enough liquidity to give as mortgage. Also,
remember that the Nigeria Mortgage Refinancing Company has been
inaugurated and the FMBN is also doing its own by providing an e-card.
“The e-card helps you to know how much you have contributed over the years so as to take advantage of the development.”
Earlier in her address, Eyakenyi stated that she would ensure that the housing deficit in the country was tackled headlong.
“We will deploy all government resources that we have to bridge the housing gap,” she said.
PUNCHNG
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