The Senior Special Assistant to the Vice President on Media and Publicity, Mr. Laolu Akande says the Federal Government will provide housing accommodation across the country especially for the low income earners.

He explained that the Buhari administration will be building 300,000 new houses across the country in the Economic Sustainability Plan (ESP).

Speaking on Radio Nigeria’s weekly programme "Have Your Say", he said Nigerians will pay N9,000 monthly on their mortgage.

“We have started to make advances on the construction of 300,000 houses across the country via a social housing scheme where the target is to have people pay as little as 9,000 Naira monthly as mortgage fees, while the scheme would lead to direct and indirect employment of about 5 million Nigerians”. He stated

He also added that “the Federal Government has enumerated 4 million farmers out of the total expected figure of 5 million that are to benefit from the agricultural arm of the ESP. In the coming weeks the CBN would be making lending possible especially to the bigger farmers like OLAM, and these would lend products and equipment to the small holder farmers. The target of 20k – 100k new hectares per state is achievable.”

The SSA commented that the Survival fund is another arm of the ESP that is designed to cater to MSMEs which has kicked off as at Monday 26th of October. “I’m proud to say that Artisans in 13 states have begun to get the one off payments promised to 330,000 individuals, some of the pilot states include Lagos, Ondo, Kaduna, Bauchi, Abia, Anambra and Delta. Etc. There is going to be a second batch as well as a third.”

“A lot of Nigerians are not on the National Grid and they are the ones we are targeting with the installation of Solar Panels in 5million homes in our rural areas, a figure that is expected to impact 25 million individuals, and this does not include the 250,000 persons that would be involved in the installation as well as maintenance of the solar panels.” He concluded.

As regards comments from individuals commending the different programmes, Mr. Laolu Akande stated that just as with the SIPs, the people need not be worried about using connections to access these various schemes as the Vice President, Prof. Yemi Osinbajo is determined to continue with the process of equal opportunities to all qualified citizens.

https://www.chronicle.ng/2020/10/nigerians-pay-n9000-mortgage-presidency/

This is SuperStory....A Story That Will Never Come to Life

This is one of their normal super story..
Talk and forget government

We hear u sir

Keep deceiving the gullible ones.

Wow this is a great opportunity for low income earners to have home of their own, God bless Buhari/Osinbajo

gambia:
Keep deceiving the gullible ones.

Guy this is a reality

southniyikaye:
This is one of their normal super story..
Talk and forget government

Let us all pray to have one out of the houses

Acekidc4:
This is SuperStory....A Story That Will Never Come to Life

This will come true by God grace

okefrancis:
This will come true by God grace

So that You won't think I am a bitter person, I say a big AMEN to that

If a program as this can be institutionalized I can bet it will solve to a greater extent the problem of Housing deficit in Nigeria

This is one of the dividends of democracy i'm talking about. I pray it comes to pass

This is one of their normal super story..Talk and forget government