The Minister of Finance, Zainab Ahmed has explained that the 300,000 low cost housing scheme in the Economic Sustainability Plan (ESP) will be executed by young architects and engineers in small firms.

Speaking on the plan by the Nigerian government on Monday, Ahmed said the 12-month plan will give new homes to 300,000 Nigerians across the country as included in the ESP.

“Economic Sustainability Plan (ESP) is a plan that is for 12 months, designed to help the economy and also help our capacity in reaching the health challenges that we are facing as a result of #COVID-19”

“The target is to create 300,000 houses at low cost, and 80-90% of the material used in their construction will be local. We will be providing the funds through Central Bank of Nigeria to small size developers, young groups of 3-5 architects and engineers.”

She said local contractors and materials will also be deployed in the construction of roads across the country.

“Our commitment is to build a lot of rural roads to link farmers and bring into cultivation between 20,000 to 100,000 hectares of new farmlands.

“Our target is to get more people back to their farmlands as soon as possible,” she said.

The Economic Sustainability Plan (ESP) is chaired by Vice President Yemi Osinbajo who was appointed by President Muhammadu Buhari to develop a plan to cushion the economic effects of COVID-19.


Chronicle.ng
https://www.chronicle.ng/2020/08/architects-nigeria-300000-lowcost-houses/

The architects and engineers in the house. Don't miss this opportunity. Let's grab it with open hands. 300,000 Housing units is not a joke. If one get five houses as contract, it's jack pot. You win big.

Wow! 300,000 low cost housing will go a long way in life of Nigerians who have been willing to build house for long but there is no financial capacity, thank God and the brain behind the plan

This is a very welcome development not just for the provision of housing but the reduction in unemployment.

Wow! This is great opportunity for that your longing dreams of having your own house.

Nigerians have to brace up for these opportunities and stop doubting.

Hope we will see people that will benefit from it, because politicians are also watching.. Especially those in that House that normally shout "Constituency"