The United Nations Office for Project Services (UNOPS)

NIGERIA’S EKITI STATE PARTNERS WITH UNOPS AND SHS HOLDINGS TO BUILD 50,000 AFFORDABLE HOMES

Part of UNOPS Sustainable Infrastructure Impact Investments (S3I) initiative, the agreement will help address housing shortages in Ekiti State, with a focus on sustainability and local economic development.

Nigeria’s Ekiti State will join one of the largest affordable housing initiatives in the world, following a new agreement that will see at least 50,000 affordable homes built over the next decade.

“We are very excited to partner with UNOPS and SHS to deliver affordable housing to the people of Ekiti State,” said Ekiti State Governor, Dr. Kayode Fayemi.

“This is how our promise of developing Ekiti and improving the lives of the people can be achieved. This partnership has come at an important time, during the COVID-19 pandemic, which has reminded us of the need to deliver quality social infrastructure to the people,” added Dr. Fayemi.

The affordable homes will feature renewable energy and disease preventative technology – including solar panel roofs, waste-to-energy technology and mosquito-repelling coatings. The initiative is expected to create thousands of local jobs and spur economic growth among a host of local industries.

UNOPS SUSTAINABLE INFRASTRUCTURE IMPACT INVESTMENTS (S3I)

We are very pleased to support this contribution to Nigeria’s national development priorities and in particular, to help meet the critical need for affordable housing, through innovative approaches to construction and mortgage financing.”

Vitaly Vanshelboim - Assistant Secretary-General and Chief Executive of UNOPS Sustainable Infrastructure Impact Investments (S3I) initiative
“UNOPS is strongly committed to helping find new ways to finance inclusive, resilient and sustainable development activities that generate positive social, economic and environmental impacts,” added Mr. Vanshelboim.

UNOPS and SHS will seek to mobilize resources from third-party investors to fund the initiative – which has an estimated gross development value (based on the sales value of completed homes) of up to $2 billion.

To date, UNOPS S3I initiative has committed to delivering at least a million homes in multiple countries spanning three continents, to be built over the next decade.
Further details:

* UNOPS and SHS will seek to mobilize resources from funding partners to support this initiative, which may eventually be worth up to $2 billion.

* SHS will supply proprietary state-of-the art technology to the project, as well as oversee the development of housing by qualified contractors.
* UNOPS will provide its comparative advantages in its mandated areas, such as: infrastructure, procurement and project management.
* The government of Ekiti State will identify and allocate suitable land for potential developments, and help to create an enabling environment for foreign direct investment and mortgage finance.

https://twitter.com/ekitistategov/status/1278301169094443010?s=19

now that they have gotten rid of that corn eating, pomo chomping, buka eating, cantankeroous mad man in ekiti, ekiti is now moving. i forget the mad mans name now. oh yes ayo fayose

Good development

50,000 Homes? quite much, are they going to build them on rocks?

If affordable. It's commendable.

Ok

Follow the topic

Nice venture if politicians will not zone it to themselves

Sammy07:
50,000 Homes? quite much, are they going to build them on rocks?

sammy okposo i see you

nice one sw

Not bad

Hope it won't end up in the pocket of their polithiefians.

Can someone explain 'Nigeria's Ekiti State'.

This is not a development...See Govt. that wants to build homes that will be rented to her citizens at an unfriendly price. This is a business, not development to the state. Abeg what next!


Check my signature for your website development

I see 50,000 homes in headlines, I see 1.3 million homes in details...

Which one now?

lekki1444:
now that they have gotten rid of that corn eating, pomo chomping, buka eating, cantankeroous mad man in ekiti, ekiti is now moving. i forget the mad mans name now. oh yes ayo fayose

Homes that will still be covered with BROWN ROOFS

Shioor..........Afonja.

lekki1444:
sammy okposo i see you

Okposo? It's not a Yoruba name, so you guess wrong.

Inn kare ooo Ekiti kete

amalab30:
If affordable. It's commendable.

Read before commenting.




We are very pleased to support this contribution to Nigeria’s national development priorities and in particular, to help meet the critical need for affordable housing, through innovative approaches to construction and mortgage financing.”

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lekki1444:
now that they have gotten rid of that corn eating, pomo chomping, buka eating, cantankeroous mad man in ekiti, ekiti is now moving. i forget the mad mans name now. oh yes ayo fayose

[/s]

i hope it is not 50,000 homes with no toilet.

i don't know why those people have problems with having a toilet in the house.

I hope they have changed sha.

fantastic, this is really good.