Nigeria deserves better

I doubt if the price of cement will ever go down again. Knowing the fact that when a price of a commodity goes up in Nigeria it doesn’t come down.

The cement price was fixed in 2600 for a long time now it’s 3500 in my area


Which way Nigeria

Government here means confusion, how can you sell off all federal government houses and now be building houses again, what is the fate of individual cement users.?

The artificial high price for cement in Nigeria is to frustrate south from progressing in mansions building.
Let south wait for north - that’s it. The high price started immediately after PMB took office.

It’s another quota system.

It’s now d FG Wil ask 4 discount abi. D poor masses ve been buying dis product very expensive all Dese while Nd noting has been done about it. Mtchwwww. Imagine buying cement 4K+

Zeemam:
STATE HOUSE PRESS RELEASE 

*OFFICE OF THE VICE PRESIDENT*

*FG, CEMENT MANUFACTURERS AGREE ON DISCOUNT CHARGE FOR ESP 300,000 SOCIAL HOUSING UNITS*
 

*Osinbajo commends contribution of major cement producers

*Adds: It is possible to deliver decent, affordable housing for Nigerians
 
As part of its determination to ensure the success of the Social Housing scheme where the Buhari administration will construct 300,000 houses under the Economic Sustainability Plan (ESP), for low income earning Nigerians, cement manufacturers have agreed with the Federal Government to charge discount price.
 
Making the disclosure over the weekend while visiting the completed model houses in Dei Dei at the Federal Capital Territory, Vice President Yemi Osinbajo, SAN, affirmed it is indeed possible to deliver decent and affordable accommodation that will be within the reach of many Nigerians.
 
Answering reporters' questions after the visit to one of the construction sites of the Social Housing scheme, the VP noted the contributions of major cement manufacturers in the country towards the success of the programme.
 
According to him, “they have agreed to give cement for this project at considerable discount which is a very helpful thing to do and we really commend and thank them for the contributions they are making, it is a very patriotic thing on their part. They also see the importance of this Mass Housing Programme.”
 
After seeing the prototypes of the one-bedroom and two-bedroom bungalows, Prof. Osinbajo expressed satisfaction with the quality of the design and the fact that the houses are very affordable.
 
The Vice President noted that, “on the average, anybody who is earning N30,000 a month and is ready to spend a third of that amount, will be able to afford one of these houses, that is the plan. What I have seen so far, there is a one-bedroom unit and there is a two-bedroom unit, both coming under N2 million.
 
“I think that this is a very good thing indeed. And a point has been made that it is possible to build good, decent accommodation that isn’t out of the reach of practically everyone.”
 
Commenting on the implementation of the scheme across the country, the Vice President assured that the Mass Housing Programme will be provided across the country.
 
Prof. Osinbajo said, “we are hoping that we will be able to replicate this not just in Abuja but all over the country. So far, the Family Homes Fund is in 11 States, and they have given up land for the project.
 
“We are hoping that this year, we will be able to very rapidly improve the scale and speed of putting these houses in place.  Once we are able to get moving quickly, we think we can make available several thousands of houses across the country and more people can afford to live in such houses.”
 
The Vice President noted that the job creation component of the Economic Sustainability Plan (ESP) would also be actualized through Social Housing Scheme.
 
His words: “Also important is the job creation aspect of it. You have young men and women who are builders, architects, civil engineers working on this project. We are hoping that a lot of the building materials will be locally fabricated especially the windows, doors and other components of the houses.”
 
The social housing scheme of Buhari administration is an important aspect of the plan by the Federal Government to address the housing needs in the country by building thousands of low-cost houses and in the process create wealth and jobs for youths that will be engaged in the construction of the houses.
 
Under the ESP, the Federal Government has mandated the Central Bank to provide financing for the housing scheme and a N200B facility has been approved as the first tranche already.
 
There would also be Rent to Own option as part of the administration's resolve to impact the common man in this social housing plan expected to generate 1.8m jobs and deliver houses to about 1.5m Nigerian families.
 
The implementing agency, Family Homes Fund (FHF) Ltd, an agency under the Federal Ministry of Finance, has already mobilized thousands of Cooperative groups across the country who will participate in the Social Housing plan as the main warehouse agents and also mobilize the low-income buyers. For instance, FHF has met with 93 Cooperative Leaders from the 6 geographical zones, under the aegis of the Co-Operatives Federation of Nigeria.
 
Individuals who do not belong to cooperatives have not been left out as they can also apply through the portal: www.nshp.gov.ng.
 
*Laolu Akande*
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
3rd January, 2021

No manufacturer can discount selling price of his goods to loss level, else the company closes down.


Price of cement was artificially jacked up immediately after PMB became president.


It was to stop southerners from building rapidly until north is ready.

The house looks to poor in quality and design.

ladyn4real:
Hope cement will be generally cheap in the Nigeria market not just for FG alone

this is what I think we should be talking about here...the price of cement should be cheaper in the open market as well..the current price in making the naira devalue....if we keep quite I bet you landlords will make this an excuse and increase rents this year, even those with old houses....I thought the main components for cement production are sourced locally. Why then this high cost of purchase?

Zeesugar:

The social housing scheme of Buhari administration is an important aspect of the plan by the Federal Government to address the housing needs in the country by building thousands of low-cost houses and in the process create wealth and jobs for youths that will be engaged in the construction of the houses.

You and the other first four commentators before you are birds of the same feathers - usual paid commentators of Osibanjo.

OgundeleTeju:
A great move if you ask me

This discount is for the housing project alone and doesn't cover private individuals looking to buy same cement. It is a very bad move.

ladyn4real:
Hope cement will be generally cheap in the Nigeria market not just for FG alone

If they make cement cheap, some Nigerian groups in the south shall be building mansions rapidly more than the north.
So they lower the price for only Buhari government to build social houses to spread across the north and south.

cleanbenincars:
this is what I think we should be talking about here...the price of cement should be cheaper in the open market as well..the current price in making the naira devalue....if we keep quite I bet you landlords will make this an excuse and increase rents this year, even those with old houses....I thought the main components for cement production are sourced locally. Why then this high cost of purchase?

Exactly my thoughts!

Nchenches:



If they make cement cheap, some Nigerian groups in the south shall be building mansions rapidly more than the north.
So they lower the price for only Buhari government to build social houses to spread across the north and south.

chaii, this government no balance atall

post=97701810:

Very Good news.

Slow and steady we will get to a better Nigeria.

God bless Nigeria.

they there

I wish these would be high rise buildings instead of bungalows

Like dis wey Dangote nyash don expose, anything he dey sell na for discount at the moment, you fit even buy Cement #1000.
Just walk straight to him workers and say, make Una sell cement for me for 1k otherwise I go use Una oga Nyash do wallpaper.

Thegracefulness:
Nigerians like myself would understand where my skepticism is coming from.

Pardon me if I don’t rush to celebrate any News from this Administration—or the previous ones before them. In Nigeria, the system that sees the light of the day is “knowmenocrazy.”

“If you know me, you no go craze.”

Check around. The rich and comfortable are the ones not bearing the brunt of this administration. Especially the ones that know somebody.

Don’t take it from my mouth, but these so-called housing units, by the time they are done; the director of the scheme would first reserve twenty units that he:she would rent out, the State commisioner for works would distribute two to his side-chicks, before it even goes into the hands of the project distributors who would tell you to find them twenty percent of their salaries before inputing your name on the list for consideration.

I’m no longer excited about the news of any establishment—Rightfully so. As you should too.

This country know where you stand because the person wey dey follow you talk fit don already secure him own pocket, and you’d be thinking he’s a patriotic citizen.

Only in an African country would an anti-capitalist, state empowered oligarch be celebrated as the richest and most succesful man. But let me keep quiet. After all what do I know.

so after everything u be written now,what is Buhari's fault there?or because of these misgivings of URS,u d rather d project be shelved?bros appreciate good thing when u see one.commend d government first,den come with ur misgivings.

egunna:
so after everything u be written now,what is Buhari's fault there?or because of these misgivings of URS,u d rather d project be shelved?bros appreciate good thing when u see one.commend d government first,den come with ur misgivings.

You’re the problem Egunna. Where in the comment did you see me mention Buhari? You’re the person that knows what you’re looking for.

Nchenches:
The artificial high price for cement in Nigeria is to frustrate south from progressing in mansions building.
Let south wait for north - that’s it. The high price started immediately after PMB took office.

It’s another quota system.

well done conspiracy theorist.

Thegracefulness:


You’re the problem Egunna. Where in the comment did you see me mention Buhari? You’re the person that knows what you’re looking for.

"this administration" is Buhari's.so what are u saying?

alingo2013:
See the house like shop

Seriously! Like what is that? These rulers make you feel hopeless abeg.

I saw the link to apply for the scheme in the earlier thread before I read now that it is available for now in only 11 states.

Abeg who knows the 11 states mentioned?

Thank you

gomol:
I wish these would be high rise buildings instead of bungalows

No, bungalows are better. You would have your privacy and space to yourself.

That thing am seeing in that second picture is it generator or water pumping machine.

rubyjan:


No, bungalows are better. You would have your privacy and space to yourself.

that's not true

this houses are a waste of resources...there are other building resources that has not been tapped before for housing construction such as laterite and clay which can be used to make cheaper building materials like bricks where cement will be less used and buildings like six storey building where the skeletal part of the structure will consume the highest cemet percentage and not the block work and the bricks will be used for the block wall.. thats the standard...i dont know why the fed govt dont partner with NSE neither do i understand the use of NSE in nigeria...

Make Una reduce the price of cement across naija nae. Cement too cost abeg