President Muhammadu Buhari `Bricks’, affordable 550 units of houses located in Zuba, Abuja currently under construction at a cost N9 billion are 50 per cent completed.
The pilot project essentially entailed houses for all categories of Nigerians, Prof. Mohammed Al-Amin, the Managing Director of Federal Housing Authority (FHA) has said.

Al-Amin, who inspected the Zuba pilot scheme construction site, said the the project was 50 per cent completed.

He explained that none of the houses would be sold above N5 million and those interested should go through government mortgaging system, especially the FHA mortgaging.

“Initially, if you are paying for a house through mortgage system in the country, you will pay 30 per cent equity but government has wiped away the equity to zero equity for houses below N5 million.

“The project started three and half months ago, it is a mixture of one, two and three bedroom flats and a total of 550 units are to be produced and every side is at different stage of construction.

“We have the money in our account, government has approved and given out the money and we are releasing it according to the details of public procurement act.

“This is not the only place in Abuja that we are doing this, we have opened Kwali, in the next two weeks, and we are opening phase two of Lugbe housing estate for low income earners in Abuja.

He said that another aspect of the project was that the FHA had to know the level of income of off-takers, with a view to ascertain the kind of flat their income could enable them to obtain.

He further said that the authority decided to use affordable building materials to give the houses value and utility deserved.

According to him, locally produced materials are also being used in the housing construction.

Al-Amin noted that the sustainability of the mass housing scheme was very important, adding that in order for off-takers to access the houses, the authority had gone far to mobilise the off-takers.

“For Zuba social housing scheme, we are targeting communities around that area and spare parts dealers and other Nigerians who cannot stay in the heart of Abuja but stay in Zuba.

“Those are the people we have profiled.

“We have FHA mortgage bank which is willing to create mortgages for them, the demand for that estate is high.

Speaking on the poor state of the access road, he said that the estate had a direct road from Lokoja express way.

He added that FHA had awarded the contract for road infrastructure but asked the contractor to stop because of the raining season.

Al-Amin further explained that the Zuba project was meant to be a pilot project of “President Muhammadu Buhari Bricks“ which essentially entailed having houses for all categories of Nigerians.

NAN reports that the board members also inspected the FHA first phase of commercial housing estate which include luxury houses and duplexes in Apo, Guzape District, and Abuja.

According to him, the commercial housing estate which is 90 per cent completed is meant for higher income earners in Abuja.

Al-Amin noted that the authority had two types of housing productions: commercial and social housing in Abuja while in the remaining parts of the country it had commercial houses in each state capital.

He added that in other locations in states, the authority had social housing which could be let out as site and services.

“We want to ensure that every sector of the country is covered and every Nigerian, irrespective of status, has option to take.

This is based on the United Nations New Urban Agenda which emphasises housing inclusiveness. (NAN)


https://www.vanguardngr.com/2018/09/buhari-bricks-50-complete/amp/

Good development!

More false ,empty lies and propaganda

Fulfil.the promises you made in 2015 before starting making new promises

1. Where is the naira vs dollar valuation reduction?

2. 24 hour poerr supply

3. You took away over 6 million Jon's okay please just return 1 million not trader Moni

4. Ogoni oamd clean up which year e go start? it's been 2 years since you took the press there

5. Corruption fight - all the members of your government have bee .found.culpable.in one.form or the other of corruption why na? Who owns the billions abandoned at the airport ,? 3ho ordered the reinstatement of the famed maritime dlsacked GM for.corruption? Who owns the $45 nlbillion found in Ikoyi Lagos ? Who will be held accountable for the AlphabetaLLP scandal of over N150 billion laundered since 2003? Why is the minister of finance still in office despite being found.guilty of forgery ? Why is obaseki not allowing efcc investigate Oshiomole government books? Why did you increase fuel pump.price to N145 telling us that it will stop subsidy payment only for us to find out 3 years later you have been saying 8nfact more than the last 4 governments before you, so where is the excess money on fuel going ? And why are you saying.kore? Infact.nigerias population has reduced drastically due to.killings , suicides and hunger, less people drive cars due to economic crunch so what is going on?

6. Why did you float the naira against the dollar? When it's clear that it only.benefits northern engaged in forex trading on the streets ?

7. Why did you grant amnesty worth $1 billion to bokoharam ? Who does that ? You str the first president to grant a terrorist organization amnesty in the world . Did it stop them? No you just funded them.

8. You said Abacha was not a criminal ? Hmmmm but you have actually shown us that compared to you yes he wasn't .

I can't.remember more of his.primises please anyone who can should add more.

We are tired of his.empty failed promises

ongoing pictures would have been fairer than just description... and beside politicians would still buy them to rent out to the public at exorbitant prices.....the most useless human on earth is a Nigerian youth who go about supporting and defending Nigeria politicians ...

#9B for 550 houses thats about #16.8m per unit of the house, and they call it low cost housing?
Hmmm, please builders in the house how much does it cost to build high cost 2 bedroom and 3 bedroom flats that the government is building each for #16.5m and term it low cost?
There is Godooo.

if you sell 550 units of houses at a price of no more than 5 million naira each, the total revenue would be far less than 3billion but the project cost is 9billion. so
the government would lose over 6billion? secondly, why should a sitting president name a government project after himself? is that not an impeachable offense? the level of corruption, wastefulness and propaganda in this government is beyond imagination which is why our national debt keeps increasing without anything to show for it. I support Biafra because all hope have been lost for Nigeria. Nigeria would never get better regardless of which Fulani herdsman wins the presidential election next year, be it Saraki,Buhari or Atiku, they're all the same corrupt power drunk fellows without anything to offer.