TheFreeOne:
Some lies are too glaring to be believed.

Maybe he's been quoted out of context cos 30k for a house? even if dangote donates free cement, free roofing sheets from Nigerite and frogeye relinquish some of those fraudulently acquired lands I cant see it happening except the government builds and sell for 30k which is still totally impossible.

Jackossky:
I was surprised when I saw it too

I was baffled on how come houses can be bought with 30k and I haven't buy for three

ayindejimmy:




Please, read carefully,. It's a mortgage scheme

DLuciano:
chei! Osinbajo, remember you a pastor o!

Biadoyo:
why the impatience in trying to understand what prof osinbajo has said? we jump into conclusion without comprehending first the intent of his words.. he said you can own a house if you can afford 30k which I believe could be an accumulated amount over a period of time targeted at an agreed price for such house depending on the size. let us learn to trust our leaders to an extend and not allow our hatred or inability to reason in line affect the way we see our leaders.
just an advice

TheFreeOne:
Some lies are too glaring to be believed.

Maybe he's been quoted out of context cos 30k for a house? even if dangote donates free cement, free roofing sheets from Nigerite and frogeye relinquish some of those fraudulently acquired lands I cant see it happening except the government builds and sell for 30k which is still totally impossible.

Ten06:
He meant 30k on monthly basis installmentally for some years

AnthonioAlsaid:






If you guys don't have information on something keep quiet


In my state the project is going on

About 1000 houses are been built in a certain location


Just that it's for civil servants alone


Get your facts rights before talking nonsense


Most of you here are just plain stupid

The person on ftc says something everybody follows in that thinking

I'd bet if they ask you guys the meaning of mortgage you won't be able to provide an answer


Dullardinhos

EgunMogaji:


He never said that you can buy a house outright for N30k.

This is a cheap mortgage scheme and it can work BUT .....

omooba969:


If you have the required deposit & you are credit worthy, you stand a chance. You must have a steady income as well.

Lastly, your mortgage lender seals the deal.

Now, if you agree with the above - you must be an empty head & a surprising fvcker!

If your position is different or you have anything to add to the above, you are welcome.

By the way, where do you reside? If 9ja, you shouldn't be allowed on this thread cos it's too much of a concept to digest for your likes.

omoluabiguy:
Haaa!!! Osinbajo even you too?? omo No more person for naija! I give up!

IhateAfonjas:


Look at this boy telling me what mortgage is

SMH

We're on Nairaland where everybody claims to be something

jerryunit48:
Believe this at your own peril

omooba969:


Yet No credible ANSWER.

SmartyPants:


Problem is most of you lack basic comprehension really.

"The same fund will enable us to provide inexpensive mortgages for hundreds of thousands across the country who want to own homes."

Or you don't know how mortgages work?

emorse:

You obviously missed this part.

jerryunit48:
Believe this at your own peril

chisco82:

Maybe you analyse that for us to understand, because from i read we have to pay 20% of the total sum while the housing scheme team pays the remaing 80%.
I got confuse there he mention that if you have #30,000 then you can own a house So my question to hou is if 30k is the 20%, then how much is the remaining 80% and Total amount is how much, can that amount build a house?

liricaliblunt:
So many people lack comprehension skill like this. This scheme is basically a mortgage plan, with initial deposit of 30k while the rest payment is spread over a given period of time

IhateAfonjas:


I don't need to give you an answer

The only answer i would give you is

Closing fees, Down payment, HOA, foreclosure

omooba969:


You wanna be wrong & strong, MBA NU - recipe for disaster.

When you & your ilks are caught by the balls, this happens -

Tinolee:
[b]Osibanjo said with 30k u will own a House! What he was saying is that if u can afford to pay 30k monthly for an apartment the federal government will mortgage the house to you until u finish paying the value of the house!
APC is working for the Betterment of this country Nigeria!

IhateAfonjas:


Why not go and buy all the Houses at 30k each and sell it to us at 60 million naira each

360metrosports:


https://www.dailytrust.com.ng/news/general/nigerians-can-now-own-houses-with-n30-000-osinbajo/199711.html

omooba969:


You are still showcasing your folly/mediocrity. SMH