| Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by TheRareGem1(f): 5:33pm On Dec 13, 2020 |
Nigerians will acquire houses built by the Nigerian government for as low as N2 million, as the housing scheme of the Economic Sustainability Plan (ESP) kicks off.
The social housing scheme is expected to create 1.8m jobs as the Central Bank of Nigeria (CBN) commits initial N200 billion facility to the project which kicks off this week.
The Social Housing scheme of the ESP will build about 300,000 very affordable houses for Nigerians.
This week the portal to invite Nigerians interested either as beneficiaries of the Social Housing or as delivery partners would be launched by the Family Homes Fund, the Federal Government agency designated to implement the scheme. The portal is nshp.gov.ng.
In an update on the Social Housing plan of the ESP shared with the media by Mr. Laolu Akande, the Senior Special Assistant on Media and Publicity to the President in the Office of the Vice President, it was disclosed that more than 20 States including the FCT have already expressed interest and support in the programme including many who have offered free land for the constructions of the houses.
The ESP Update shared with the press over the weekend showed that some of the States that have already expressed interest and supported the implementation of the Social Housing scheme which will offer houses at low prices such as between N1.8m to N2m include the States of Osun, Ogun, Enugu, Delta, Bauchi, Kebbi, Nasarawa, Plateau, and the Federal Capital Territory where the first set of construction sites have been indicated.
There are also others like Abia, Anambra, Ebonyi, Imo, Cross River, Sokoto, Kaduna, Zamfara, Katsina, Borno and Yobe States that are now working towards joining in a similar vein.
The four room (three bedroom house) by NSHP
The four room (three bedroom house) by NSHP
Everything on JUMIA
Nigerians will acquire houses built by the Nigerian government for as low as N2 million, as the housing scheme of the Economic Sustainability Plan (ESP) kicks off.
The social housing scheme is expected to create 1.8m jobs as the Central Bank of Nigeria (CBN) commits initial N200 billion facility to the project which kicks off this week.
The Social Housing scheme of the ESP will build about 300,000 very affordable houses for Nigerians.
This week the portal to invite Nigerians interested either as beneficiaries of the Social Housing or as delivery partners would be launched by the Family Homes Fund, the Federal Government agency designated to implement the scheme. The portal is nshp.gov.ng.
Mobile Category
In an update on the Social Housing plan of the ESP shared with the media by Mr. Laolu Akande, the Senior Special Assistant on Media and Publicity to the President in the Office of the Vice President, it was disclosed that more than 20 States including the FCT have already expressed interest and support in the programme including many who have offered free land for the constructions of the houses.
The ESP Update shared with the press over the weekend showed that some of the States that have already expressed interest and supported the implementation of the Social Housing scheme which will offer houses at low prices such as between N1.8m to N2m include the States of Osun, Ogun, Enugu, Delta, Bauchi, Kebbi, Nasarawa, Plateau, and the Federal Capital Territory where the first set of construction sites have been indicated.
There are also others like Abia, Anambra, Ebonyi, Imo, Cross River, Sokoto, Kaduna, Zamfara, Katsina, Borno and Yobe States that are now working towards joining in a similar vein.
MSME Survival Fund: Nigerians are thanking Buhari govt for Payroll Support
ESP: FG commences payment of Payroll Support to beneficiaries
Under the ESP Social Housing Plan, 300,000 low cost houses would by itself create 1.8 million jobs in the housing sector and beyond, while as indicated under the ESP approved by the President and the Federal Executive Council the Central Bank of Nigeria has now committed N200B facility for the Social Housing
UPDATE ON THE SOCIAL HOUSING SCHEME OF THE ESP AS BEING IMPLEMENTED BY THE FAMILY HOMES FUND
• In June 2020, President Muhammadu Buhari approved the 2.3 Trillion Naira Economic Sustainability Plan (ESP) prepared by the Osinbajo-led Economic Sustainability Committee.
• The Federal Government social housing scheme is one of the planned schemes under the ESP targeted at providing 300,000 low-income houses and creating 1.8 million jobs in the process.
To achieve these goals, the Family Homes Funds has been appointed as the implementing agency for this initiative and it will construct 300,000 housing units across the country.
• To kickstart the social housing projects, the CBN has already committed to a N200 billion facility and most of the sites where the housing project will commence have already been identified across various geo-political zones by the Federal Government.
• The early start sites include those in Osun and Ogun in the Southwest; Enugu in the Southeast; Delta, in the South-south; Bauchi in the Northeast; Kebbi in the Northwest; Nasarawa and Plateau in the North-central; and a number of sites in Abuja.
• Several other states including Abia, Anambra, Ebonyi, Imo, Cross River, Sokoto, Kaduna, Zamfara, Katsina, Borno, and Yobe, are also working towards kick-starting the project in their states in the next phase.
• The programme has one, two, and three-bedroom units that will be sold at low prices. The 1-bedroom unit will cost as little as between N1.8miliion to N2million, while financial assistance would be available for Nigerians to pay the mortgage.
Vice President Yemi Osinbajo submits the Sustainability Plan to President Muhammadu Buhari Agriculture for Food and Job Plan
Vice President Yemi Osinbajo submits the National Economic Sustainability Plan to President Muhammadu Buhari
• To achieve these goals, the Family Homes Funds has been appointed as the implementing agency for this initiative and it will construct 300,000 housing units across the country.
• To kickstart the social housing projects, the CBN has already committed to a N200 billion facility and most of the sites where the housing project will commence have already been identified across various geo-political zones by the Federal Government.
• The early start sites include those in Osun and Ogun in the Southwest; Enugu in the Southeast; Delta, in the South-south; Bauchi in the Northeast; Kebbi in the Northwest; Nasarawa and Plateau in the North-central; and a number of sites in Abuja.
• Several other states including Abia, Anambra, Ebonyi, Imo, Cross River, Sokoto, Kaduna, Zamfara, Katsina, Borno, and Yobe, are also working towards kick-starting the project in their states in the next phase.
• The programme has one, two, and three-bedroom units that will be sold at low prices. The 1-bedroom unit will cost as little as between N1.8miliion to N2million, while financial assistance would be available for Nigerians to pay the mortgage.
• To achieve the low-price points being targeted, a model design has been produced for the 1- and 2-bedroom houses against which a sample house has been built to demonstrate the costings.
• The form of financial assistance that will be made available to Nigerians include mortgage loans at low interest rates.
• Financing will be arranged through the designation of a Homes Warehousing Agent that will purchase the completed homes from the developers. Individual buyers will then purchase homes from these Home’ Warehousing Agents.
• Family Homes Fund Limited (FHFL) has mobilized cooperatives and other such organised groups across the country as the main offtakers for the homes.
• For instance, FHFL recently met with 93 Cooperative Leaders from the 6 geographical zones, under the aegis of the Co-Operatives Federation of Nigeria.
• A Housing Portal that allows all interested parties in the scheme to get more information on the programme and express their interest in it will be launched on the 16th of December. Possible interested parties include individuals and organized groups interested in home ownership under the scheme, as well as delivery partners including developers, young professionals in the building industry, suppliers, and manufacturers.
• Focusing on job creation under the social housing project, jobs will be created from the need for the local production of building materials and housing inputs such as doors, windows, hinges, frames, cement, paints, etc. For instance, about 1.5m doors would be needed, 1.8m windows, 7.8m hinges amongst other input needs.
• Building sites will also function like factories for the manufacturing of these house inputs to increase local production of building materials and save costs on the importation of building products.
• The social housing project will also employ both the services of established developers and young small-medium scale professional contractors (architects, engineers, quantity surveyors, accountants, etc). These groups will in turn employ the needed artisans.
https://businessday.ng/news/article/fg-set-to-roll-out-cheap-houses-build-300000-houses-at-n2m-each/amp/ 20 Likes 3 Shares 
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| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by WorriorPlus: 5:35pm On Dec 13, 2020 |
Hope politicians would not hijack the scheme to favor their cronies. 86 Likes 4 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Nobody: 5:36pm On Dec 13, 2020 |
... 2 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Nobody: 5:36pm On Dec 13, 2020 |
WorriorPlus:
Hope politicians would not hijack the scheme to favor their cronies. How many Nigerians have such disposal cash carelessly at hand? 41 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Sammy07: 5:38pm On Dec 13, 2020 |
Wow!
It's cheap but depends on location
If it's in Lagos, Abuja, ph, Anambra.
I'll say it's very very cheap. 34 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by okefranci: 5:38pm On Dec 13, 2020 |
Wow! I'm so happy with this news as many tenants will soon become a lordlord ,I really appreciate the effort of buhari/osinbajo on this laudable achievement 28 Likes 2 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by LawLab247: 5:40pm On Dec 13, 2020 |
Ok 1 Like |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Naturopathic: 5:40pm On Dec 13, 2020 |
wow!
The federal government make it achievable to all and sundry , can you imagin 2 million pere, so cheap and avoidable 14 Likes 1 Share |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by TheRareGem1(f): 5:41pm On Dec 13, 2020 |
Sammy07:
Wow!
It's cheap but depends on location
If it's in Lagos, Abuja, ph, Anambra.
I'll say it's very very cheap. Well it is the same price tag in every state. The beauty of it 18 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by WorriorPlus: 5:41pm On Dec 13, 2020 |
CamusMidas:
How many Nigerians have such disposal cash carelessly at hand? In a sane country, it's called mortgage, where even low income earners can own houses built by government, and pay through 30 to 40 years 37 Likes 3 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by TheRareGem1(f): 5:41pm On Dec 13, 2020 |
CamusMidas:
How many Nigerians have such disposal cash carelessly at hand? You ain't paying the money at a time. You should read more about how it goes. 42 Likes 2 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by OgundeleTeju: 5:42pm On Dec 13, 2020 |
This is awesome 4 Likes 2 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by TheRareGem1(f): 5:42pm On Dec 13, 2020 |
This is a smart one by Buahri osinbajo government, it will bridge gap of the short fall in the housing scheme in the country. 16 Likes 2 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Temstee: 5:42pm On Dec 13, 2020 |
This scheme is a very laudable one, I must not miss this. Please be kind to update us when it starts, God bless you 18 Likes 2 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Kinematics: 5:42pm On Dec 13, 2020 |
Naturopathic:
wow!
The federal government make it achievable to all and sundry , can you imagin 2 million pere, so cheap and avoidable That politicians will share amongst themselves? 6 Likes 
|
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by tracychelsea13: 5:43pm On Dec 13, 2020 |
This is what we are talking about. We need to embrace mortgage in this country. I have visited the website, applications will begin from tomorrow I believe. This Osinbajo man get sense, we need more housing schemes initiated by government but controlled by the private sector. 34 Likes 2 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by IKUBABAYEYE001: 5:43pm On Dec 13, 2020 |
CamusMidas:
How many Nigerians have such disposal cash carelessly at hand? This is a mortgage system where you pay over a period of years. And as for me, the cost is cheap compared to what's obtainable out there 30 Likes 3 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by okefranci: 5:44pm On Dec 13, 2020 |
WorriorPlus:
Hope politicians would not hijack the scheme to favor their cronies. It won't happen 6 Likes 1 Share |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Temmy1997(f): 5:44pm On Dec 13, 2020 |
This is a very nice one from the federal government at least people will now get to own a house by paying back installmentally, I really appreciate this opportunity given to ordinary Nigerians by the federal government.
All thanks to Osinbajo for his great Economic Sustainability Plan which is now leading us to very important thing. 26 Likes 4 Shares |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by pastie(m): 5:45pm On Dec 13, 2020 |
Someone is about to cash out 5 Likes 1 Share |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by okefranci: 5:46pm On Dec 13, 2020 |
CamusMidas:
How many Nigerians have such disposal cash carelessly at hand? You are not to pay it once nah but installmental 3 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Eriokanmi: 5:46pm On Dec 13, 2020 |
Naturopathic:
wow!
The federal government make it achievable to all and sundry , can you imagin 2 million pere, so cheap and avoidable So you believe these people  12 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Joyce95: 5:46pm On Dec 13, 2020 |
Wow! I'm glad with this news Buhari and Osinbajo administration is doing so great, it's an awesome achievement 9 Likes 1 Share |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by OC831: 5:46pm On Dec 13, 2020 |
Aha what’s happening? Who spoke to our government o?! Where are all these brilliant schemes coming from? I noticed a change of heart. This is the cheapest anyone can own a house, government or not. I hope we all get and slots not already given out. TheRareGem1:
Nigerians will acquire houses built by the Nigerian government for as low as N2 million, as the housing scheme of the Economic Sustainability Plan (ESP) kicks off.
The social housing scheme is expected to create 1.8m jobs as the Central Bank of Nigeria (CBN) commits initial N200 billion facility to the project which kicks off this week.
The Social Housing scheme of the ESP will build about 300,000 very affordable houses for Nigerians.
This week the portal to invite Nigerians interested either as beneficiaries of the Social Housing or as delivery partners would be launched by the Family Homes Fund, the Federal Government agency designated to implement the scheme. The portal is nshp.gov.ng.
In an update on the Social Housing plan of the ESP shared with the media by Mr. Laolu Akande, the Senior Special Assistant on Media and Publicity to the President in the Office of the Vice President, it was disclosed that more than 20 States including the FCT have already expressed interest and support in the programme including many who have offered free land for the constructions of the houses.
The ESP Update shared with the press over the weekend showed that some of the States that have already expressed interest and supported the implementation of the Social Housing scheme which will offer houses at low prices such as between N1.8m to N2m include the States of Osun, Ogun, Enugu, Delta, Bauchi, Kebbi, Nasarawa, Plateau, and the Federal Capital Territory where the first set of construction sites have been indicated.
There are also others like Abia, Anambra, Ebonyi, Imo, Cross River, Sokoto, Kaduna, Zamfara, Katsina, Borno and Yobe States that are now working towards joining in a similar vein.
The four room (three bedroom house) by NSHP
The four room (three bedroom house) by NSHP
Everything on JUMIA
Nigerians will acquire houses built by the Nigerian government for as low as N2 million, as the housing scheme of the Economic Sustainability Plan (ESP) kicks off.
The social housing scheme is expected to create 1.8m jobs as the Central Bank of Nigeria (CBN) commits initial N200 billion facility to the project which kicks off this week.
The Social Housing scheme of the ESP will build about 300,000 very affordable houses for Nigerians.
This week the portal to invite Nigerians interested either as beneficiaries of the Social Housing or as delivery partners would be launched by the Family Homes Fund, the Federal Government agency designated to implement the scheme. The portal is nshp.gov.ng.
Mobile Category
In an update on the Social Housing plan of the ESP shared with the media by Mr. Laolu Akande, the Senior Special Assistant on Media and Publicity to the President in the Office of the Vice President, it was disclosed that more than 20 States including the FCT have already expressed interest and support in the programme including many who have offered free land for the constructions of the houses.
The ESP Update shared with the press over the weekend showed that some of the States that have already expressed interest and supported the implementation of the Social Housing scheme which will offer houses at low prices such as between N1.8m to N2m include the States of Osun, Ogun, Enugu, Delta, Bauchi, Kebbi, Nasarawa, Plateau, and the Federal Capital Territory where the first set of construction sites have been indicated.
There are also others like Abia, Anambra, Ebonyi, Imo, Cross River, Sokoto, Kaduna, Zamfara, Katsina, Borno and Yobe States that are now working towards joining in a similar vein.
MSME Survival Fund: Nigerians are thanking Buhari govt for Payroll Support
ESP: FG commences payment of Payroll Support to beneficiaries
Under the ESP Social Housing Plan, 300,000 low cost houses would by itself create 1.8 million jobs in the housing sector and beyond, while as indicated under the ESP approved by the President and the Federal Executive Council the Central Bank of Nigeria has now committed N200B facility for the Social Housing
UPDATE ON THE SOCIAL HOUSING SCHEME OF THE ESP AS BEING IMPLEMENTED BY THE FAMILY HOMES FUND
• In June 2020, President Muhammadu Buhari approved the 2.3 Trillion Naira Economic Sustainability Plan (ESP) prepared by the Osinbajo-led Economic Sustainability Committee.
• The Federal Government social housing scheme is one of the planned schemes under the ESP targeted at providing 300,000 low-income houses and creating 1.8 million jobs in the process.
To achieve these goals, the Family Homes Funds has been appointed as the implementing agency for this initiative and it will construct 300,000 housing units across the country.
• To kickstart the social housing projects, the CBN has already committed to a N200 billion facility and most of the sites where the housing project will commence have already been identified across various geo-political zones by the Federal Government.
• The early start sites include those in Osun and Ogun in the Southwest; Enugu in the Southeast; Delta, in the South-south; Bauchi in the Northeast; Kebbi in the Northwest; Nasarawa and Plateau in the North-central; and a number of sites in Abuja.
• Several other states including Abia, Anambra, Ebonyi, Imo, Cross River, Sokoto, Kaduna, Zamfara, Katsina, Borno, and Yobe, are also working towards kick-starting the project in their states in the next phase.
• The programme has one, two, and three-bedroom units that will be sold at low prices. The 1-bedroom unit will cost as little as between N1.8miliion to N2million, while financial assistance would be available for Nigerians to pay the mortgage.
Vice President Yemi Osinbajo submits the Sustainability Plan to President Muhammadu Buhari Agriculture for Food and Job Plan
Vice President Yemi Osinbajo submits the National Economic Sustainability Plan to President Muhammadu Buhari
• To achieve these goals, the Family Homes Funds has been appointed as the implementing agency for this initiative and it will construct 300,000 housing units across the country.
• To kickstart the social housing projects, the CBN has already committed to a N200 billion facility and most of the sites where the housing project will commence have already been identified across various geo-political zones by the Federal Government.
• The early start sites include those in Osun and Ogun in the Southwest; Enugu in the Southeast; Delta, in the South-south; Bauchi in the Northeast; Kebbi in the Northwest; Nasarawa and Plateau in the North-central; and a number of sites in Abuja.
• Several other states including Abia, Anambra, Ebonyi, Imo, Cross River, Sokoto, Kaduna, Zamfara, Katsina, Borno, and Yobe, are also working towards kick-starting the project in their states in the next phase.
• The programme has one, two, and three-bedroom units that will be sold at low prices. The 1-bedroom unit will cost as little as between N1.8miliion to N2million, while financial assistance would be available for Nigerians to pay the mortgage.
• To achieve the low-price points being targeted, a model design has been produced for the 1- and 2-bedroom houses against which a sample house has been built to demonstrate the costings.
• The form of financial assistance that will be made available to Nigerians include mortgage loans at low interest rates.
• Financing will be arranged through the designation of a Homes Warehousing Agent that will purchase the completed homes from the developers. Individual buyers will then purchase homes from these Home’ Warehousing Agents.
• Family Homes Fund Limited (FHFL) has mobilized cooperatives and other such organised groups across the country as the main offtakers for the homes.
• For instance, FHFL recently met with 93 Cooperative Leaders from the 6 geographical zones, under the aegis of the Co-Operatives Federation of Nigeria.
• A Housing Portal that allows all interested parties in the scheme to get more information on the programme and express their interest in it will be launched on the 16th of December. Possible interested parties include individuals and organized groups interested in home ownership under the scheme, as well as delivery partners including developers, young professionals in the building industry, suppliers, and manufacturers.
• Focusing on job creation under the social housing project, jobs will be created from the need for the local production of building materials and housing inputs such as doors, windows, hinges, frames, cement, paints, etc. For instance, about 1.5m doors would be needed, 1.8m windows, 7.8m hinges amongst other input needs.
• Building sites will also function like factories for the manufacturing of these house inputs to increase local production of building materials and save costs on the importation of building products.
• The social housing project will also employ both the services of established developers and young small-medium scale professional contractors (architects, engineers, quantity surveyors, accountants, etc). These groups will in turn employ the needed artisans.
https://www.chronicle.ng/2020/12/nigerians-to-buy-fg-built-houses-at-n2m/ 3 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by okefranci: 5:48pm On Dec 13, 2020 |
tracychelsea13:
This is what we are talking about. We need to embrace mortgage in this country. I have visited the website, applications will begin from tomorrow I believe. This Osinbajo man get sense, we need more housing schemes initiated by government but controlled by the private sector. In fact ,osinbajo is a man with bundles of knowledge 14 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Thormiwah(m): 5:50pm On Dec 13, 2020 |
Wow this is truly laudable, I will preach it to many people 3 Likes 1 Share |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by donbachi(m): 5:51pm On Dec 13, 2020 |
Palmwine tapper say make dem no praise until him come down and dem taste him palmwine. 8 Likes 1 Share |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Dejyom(m): 5:51pm On Dec 13, 2020 |
This housing scheme is really good news for Nigerians considering the present situation of a skyrocketing prices of building materials. Acquiring a house for as low as 2m with an easy payment option provision, is indeed a laudable initiative by the government. This shows we have a Government that's committed to supporting in providing for the physiological needs of the people.
The Economic Sustainability Plan put together by VP Yemi Osinbajo is truly a comprehensive one, the housing scheme being a component of it. 7 Likes |
|
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Lifted2000: 5:51pm On Dec 13, 2020 |
I got my eyes on this Blessings. It can only be Osinbajo good policies for Nigerians and humanity. The VP has done is part. Now it is over to the management of the projects. 11 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by inioluwa03: 5:54pm On Dec 13, 2020 |
The housing component of the Economic Sustainability Plan is multi faceted component which provides accommodation for Nigerians at the same time providing jobs.
Kudos to Osinbajo led committee for bringing this up 7 Likes |
| Re: Nigerians To Buy FG Built Houses At ₦2 Million In ESP Scheme by Wilson2013(m): 5:54pm On Dec 13, 2020 |
300,000 mass housing across the nation is a big deal. This is a commendable project that must be taken as a major landmark of this administration.
Kudos to the VP prof Osinbajo who is at the fore front of this great project. 14 Likes |
