The Minister of Power, Works and Housing, Mr. Babatunde Fashola, Tuesday, revealed that there would be change in the policy direction of the Buhari’s administration in the settlement sector.

This, he said, would commence in the 2016 budget implementation, as the Federal Government would spend N10b to build low income housing estate in each of the state of the federation and the Federal Capital Territory (FCT).

It will be recalled that the Obasanjo’s administration upturned the policy of Shagari’s administration by declaring that government would no longer build houses for people to occupy, subsequently, he sold off all government houses built during Shagari era.

During Obasanjo government, the government through the Ministry of Land, Housing and Urban Development was collaborating with the developers by providing lands for them to build ‘affordable’ housing estates. The policy direction that was replicated by both Ya’Adua and Jonathan governments.

However, Fashola unveiling Buhari’s administration agenda in the housing sector in Abuja, said there is need for the government to review the existing policy in the housing sector to address housing deficit in the country.

He said; “The Housing sector presents an enormous opportunity for positively impacting the economy to promote not only growth but inclusion.
“There have been a couple of National Housing policies and we intend to appraise the most current one to make changes only if necessary.
“Government will lead the aggressive intervention to increase supply, by undertaking construction of public housing and formulate policies that will invariably lead to private sector participation and ownership to reduce our housing deficit.”

Fashola maintained that the government would understudy ‘Jakande and Shagari’s housing estates model to develop an affordable housing unit for the masses, by building 40 blocks in each state.

He noted that the immediate past administration budgeted less in housing sector of the economy, the trends that would be reversed.
“So for us, consistency is key, annual spending is an imperative. We must change the budget for national housing from N1.8 Billion in 2015 to something in the hundreds of billions of Naira that matches our ambition.

“If we can spend N10 billion in each state and the FCT on housing alone every year subject to (a) the capacity to raise the money and (b) the capacity to utilize the funds having regards to our current construction methods and the time it takes to complete construction, which our ministry intends to change by research and industrialization of housing,” he said.

The minister explained that the government would embark on seminars and conferences to ensure proper capacity building for stakeholders in the sector to drive the new agenda.

According to him, “If we achieve this, we will move from where we are now, start construction in all 36 States and the FCT and sustain this as we go along.

“In the housing sector, if we complete our on-going projects, and we get land from the Governors in all states and the FCT to start what we know, using the Lagos Home model, we should start 40 Blocks of Housing in each state and FCT.



http://www.vanguardngr.com/2015/12/buhari-to-build-40-blocks-of-housing-estate-in-each-statefct-fashola/

wailers food is ready.....

Thanks jare I no waste my vote

So the 10 billion jonathan asked Dasuki to convert and share to pdp delgates can actually build one block of housing units in each states of the federation

It is well!

Commendable one!! But sir please make it 100 each.

Sai Baba.

all APC did was to allow the PDP budget to wind off with better planning... fashola to lead all other ministries from 2016.. our infatigable, hardworking prime minister of federal republic of Nigeria

fix all federal highway in the east or hand them over for us to build, we dont need these welfarist govt we have surplus houses in the east, we have enof money to build

This people are ridiculously stup1d. They seem to believe that their lies can last 6 months.

basilo101:
fix all federal highway in the east or hand them over for us to build, we dont need these welfarist govt we have surplus houses in the east, we have enof money to build

see dis ofulefu talking .. have you people find solution to various colapse road in your region all erosion that ve taking over your land . ofulefu republicans

The only good news From apc thus far

So buhari is building it. So what's your job.

Good one.the existing policy of giving land to the private sector to build low income homes is a farce. In Abuja. There is nothing like low income homes. Even after securing lands from govt, these niggers be building houses beyond the reach of an average income earner. That policy needs to be abolished or the gaps in housing will remain. May God give you the strength and ideas to change things.

hinwazaka:
This people are ridiculously stup1d. They seem to believe that their lies can last 6 months.

This people indeed....am sure your father is also stupid...likewise your mother

super cool. with time, everything will fall into place.

basilo101:
fix all federal highway in the east or hand them over for us to build, we dont need these welfarist govt we have surplus houses in the east, we have enof money to build

Ipob fool, why don't fix the road yourself. Did ohakim also spent the money on another house in lagos

"Will...will...will...then some pictures of him in office....will....will....will....willl...more pictures of him in office.....will...willl...will...pictures p him in a meeting...."- that's how this government goes

Fashola baba.

You must become Nigerian President one day to show that there is fairness in this world.

Your leadership acumen is never in doubt.

OrlandoOwoh:
Sai Baba.

say polilitical story 4 the gods

what abt the 5k? hor..
Apc one chance abeg clear road...In case u dnt knw this a political abrakatabra....Shine ur eyes....

Sai Buhari

2016 will be the beginning of inclusive development in Nigeria.

GudluckIBB:
So the 10 billion jonathan asked Dasuki to convert and share to pdp delgates can actually build one block of housing units in each states of the federation

It is well!

Jonathan is a big disgrace...

Bros na u we know. ..the work u did in my area...is there for all to see..


Just carry on

patrickmuf:
Jonathan is a big disgrace...

and Buhari is what dude?

suxkill:



and Buhari is what dude?

The President of the Federal Republic of Nigeria...Any more questions?

patrickmuf:
The President of the Federal Republic of Nigeria...Any more questions?

clap for your self!!!

I believe you know that Buhari is an illiterate.

hinwazaka:
This people are ridiculously stup1d. They seem to believe that their lies can last 6 months.

Shut your useless mouth up

suxkill:



clap for your self!!!

I believe you know that Buhari is an illiterate.

Yeah, but you're under his leadership...

good, i guess there are 6 units in each block of houses.