​The federal government of Nigerian has pledged to provide affordable houses by mortgage that people can pay for throughout their working life.

The Minister of Works, Power and Housing, Babatunde Fashola, who stated this on Wednesday, said part of the change agenda of the ruling All Progressive Congress is that, “Nigerians would no longer have to buy a house like fish in the market. That is not how it works in other societies.

“The payment period will be spread over a period of time, usually your working life. That is really affordability. Housing is not just about building; it is also providing access to funding through the Federal Mortgage Bank.”

Fashola stated this in Jigawa State where he is on a supervision tour of federal road and housing projects.

According to the minister, “Workers who are contributing to the National Housing Fund have something now to look forward to. We are going to create a line of supply houses and access to credit and allow you to choose what your income can afford.”

“That is the journey of change President Buhari has been talking about. We will experience something new. The change will not be only on the new houses but also how to pay for the houses in a manner that makes it convenient for you,” he stated.

On electricity, the minister said people were now free to set up independent power generation companies “without necessarily requesting for license.”

He said the federal government is encouraging the private sector to invest in generation and selling of power to the public.

“Any interested individual or company can set up power generation from two megawatts downwards and sell it to public without requesting for any licence.

“We are encouraging people to set up small power generation and sell it according to their capacity, not necessarily going for big projects that require huge amount of money and expertise”, he said.

http://kikiotolu.com/nigerians-will-no-longer-buy-houses-like-fish-in-market-fashola/

Tho

That's my able super minister... Similar housing project in kano and moving in the speed of light

I remember, when I tried accessing mortgage, a decade ago
The runaround I was given, reset my brain

We hope so

How long does it take to construct one unit of low cost house?

3yrs after, how many has Fashola constructed across the country?

When he talks about "Nigerians", is he referring to 180m of us, or just a few elites?

If he is referring to 180m of us, and he is yet to account for 1,000 units in 3yrs, does he realise that it will take him at least 60,000yrs to provide houses for 120m Nigerians at this his level of performance (assuming the average size of each household is six).


All I see here Is nothing but the same political talks that Fashola is known for, just like his "any serious government can fix power in 6 months"

Omeokachie:
How long does it take to construct one unit of low cost house?

3yrs after, how many has Fashola constructed across the country?

When he talks about "Nigerians", is he referring to 180m of us, or just a few elites?

If he is referring to 180m of us, and he is yet to account for 1,000 units in 3yrs, does he realise that it will take him at least 60,000yrs to provide houses for 120m Nigerians at this his level of performance (assuming the average size of each household is six).


All I see here Is nothing but the same political talks that Fashola is known for, just like his "any serious government can fix power in 6 months"

My brother this project is commendable. When you see good work appreciate it. Nigeria population is high, it will still get to your turn but exercise patience. Or what exactly are we to pride about in the last administration?

Bodexman:


My brother this project is commendable. When you see good work appreciate it. Nigeria population is high, it will still get to your turn but exercise patience. Or what exactly are we to pride about in the last administration?

"Last administration"?

You really can't make your point without political undertone, or can you?

Tell me, how many units of these houses have been completed and commissioned in last 3yrs for which we want me to "wait for my turn"?

Hoping you've got an answer to that.

Maybe it will get to "my turn" on the 60,000th year! SMH

Woow woww woow wow ... What a good news,


But when i saw ...WILL...


I say thunder fire una

Omeokachie:




"Last administration"?

You really can't make your point without political undertone, or can you?

Tell me, how many units of these houses have been completed and commissioned in last 3yrs for which we want me to "wait for my turn"?

Hoping you've got an answer to that.

Maybe it will get to "my turn" on the 60,000th year! SMH

If you cant wait for your turn, just go and build yourself a choice house.

anibirelawal:



If you cant wait for your turn, just go and build yourself a choice house.

Already did mate.

Just worried more that politicians are deceiving your likes with false hope.

Omeokachie:


Already did mate.
Just worried more that politicians are deceiving your likes with false hope.

Congrats then!


Note, I dont give a fork about any polithiefcian with false hopes.

anibirelawal:



Congrats then!



Note, I dont give a fork about any polithiefcian with false hopes.

Really?! Haha haha...

Congratulations! That's a new you then.

APC is full of scammers

Omeokachie:


Really?! Haha haha...
Congratulations! That's a new you then.

Lol, but i always try as much as possible to be patroitic.

Apparently, there is no economically viable place that would have been more appropriate for Federal low cost housing projects. It's the backwaters of Jigawa that was most appropriate.

anibirelawal:



Lol, but i always try as much as possible to be patroitic.

Patriotism sure have a new meaning mate.

Omeokachie:


Patriotism sure have a new meaning mate.

Thare are two sides of a coin, lol.

Omeokachie:
How long does it take to construct one unit of low cost house?

3yrs after, how many has Fashola constructed across the country?

When he talks about "Nigerians", is he referring to 180m of us, or just a few elites?

If he is referring to 180m of us, and he is yet to account for 1,000 units in 3yrs, does he realise that it will take him at least 60,000yrs to provide houses for 120m Nigerians at this his level of performance (assuming the average size of each household is six).


All I see here Is nothing but the same political talks that Fashola is known for, just like his "any serious government can fix power in 6 months"

I posted links to the promises and all and it got taken down!

[modified]
The post preceding this one (screenshot below) taken down as well!
Is there a new rule I am unaware of?

crazy mad entities.

Lol

Another lie from APE piece (APC)

These guys are bent on making this country uncomfortable for her citizens ...

They keep lying with all they have just to pls the hear of those who really wanna hear what they want to hear,... They have nothing to offer

Obi1kenobi:
Apparently, there is no economically viable place that would have been more appropriate for Federal low cost housing projects. It's the backwaters of Jigawa that was most appropriate.

This particular project is situated in one of the frontwaters of Jigawa state

I see.....

Meanwhile this was Fashola years ago with his 'there is no low cost cement or iron rod' line.

https://www.vanguardngr.com/2014/05/building-low-cost-houses-fashola/

I'm glad he seems to have moved on from that 'the people who elected me are not low cost' stance...


However, Minister Fashola has been faffing around for the last three years...

trapQ:
Lol

Why lol??

Are you alright?

How did we end up like this. How can a rogue be a minister? Minister that lack ideas. Mr Fashola allow your work to do the talking.. Don't you allow you mouth to do the work for you.#criminals in powers