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FG To Commence Mass Housing Sale From N7.2 Million

Belove Olocha by Belove Olocha
6 months ago
in Business, Economy
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Minister of Works and Housing, Mr Babatunde Fashola, has announced that the Federal Government will commence the sale of houses under the National Mass Housing Programme from N7.2 million.

Fashola revealed this on Friday during the unveiling of an online portal for the housing scheme in Abuja.

The minister, who stated that projects are spread across the states of the federation and the Federal Capital Territory, added that the highest selling price is N16.19 million.

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He also revealed that over 5,000 units of houses are at different stages of completion under the programme.

He said: “This is the first time we have a platform that every Nigerian has access to. This provides an opportunity for all Nigerians to apply and ensure a fair process of allocation.”

Fashola said the portal was introduced to ensure that Nigerians who desire to own homes, irrespective of social stratification, have equal opportunity to apply.

He said the portal will also ensure transparency in the process.

“We urge governments at all levels, as well as Nigerians, to use this opportunity and apply,” he said.

Fashola explained that the houses are in one-bedroom, two-bedroom, three-bedroom and duplex categories.

He added that the programme is not restricted to National Housing Fund (NHF) subscribers alone.

Tags: Federal GovernmentHouse SaleHousing Policy
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