Vice-President Yemi Osinbajo has said that the Federal Government is working with stakeholders to raise one trillion naira to provide affordable housing for Nigerians.

The vice-president spoke at the 22nd Nigerian Economic Summit in Abuja on Tuesday where he chaired a Roundtable on Job Creation, Skills and Employment at the summit.

He said that the proposed project would also help to create jobs.

Osinbajo said that the job creation unit in his office had worked out a framework with the Nigerian Economic Summit Group to focus on three sectors to create employment.
He listed the three sectors as construction, agriculture and information communication technology.

Under construction, the vice-president said the Federal Government was trying to work on a social housing programme, called the Family Home Fund.

He said, “The Family Home Fund is a financial intervention into social housing in the country.

“We are trying to raise a fund which will come to about one trillion naira; we have aggregated fund from the private sector, local and international funds already.

“The whole idea is to be able to intervene in mortgage financing so that developers can build special houses to the specification of the Federal Government.

“Already eight or nine states are giving land and certificate of occupancy for social housing scheme.

“The idea is that any Nigerian who can afford N30,000 should be able to own a house.”

Osinbajo said that there would emerge job creation opportunities as technicians, engineers and skill workers would benefit from the scheme.

He said there would also be training opportunity from the scheme.

The theme of the summit is “Made-in-Nigeria’’.

The problem of housing in Nigeria has been of interest to every administration and official estimates suggest that more than 17 million houses are needed to cover the country’s 180 million citizens.

Each administration has introduced a different scheme but the impact is not felt by the people.

SOURCE http://www.9jawaka.com/2016/10/fg-to-raise-n1trn-for-housing-scheme.html

ok.we r watching

wen?

Forget we know you ve no stand in aso rock.

Interviewer you forgot to ask for the commencement date as in the date we'll start benefiting!

You mean Aso rock housing ba?

We understand the lies, expecting lie Mohammed to come claim the houses have been built.

alegbeleye:
Interviewer you forgot to ask for the commencement date as in the date we'll start benefiting!

Why are you worried about the date when you know they don't intend to do this. This is the same attempt to keep zo.mbies happy and make them forget their sorrows

We don tire to dey hear promises about housing scheme

Do something already

DaudaAbu:
We don tire to dey hear promises about housing scheme

Do something already

They have already started building the houses, go and see the building in Sambisa forest

That's a welcome developments, but sometinz came to my mind, hope the houses will not be spreads around lagos, bcoz Sen Remi Tinubu just sponsored a bill in the national assembly of recently concerning the Federal government housing shemes in lagos.... I dey see monkey hands inside the soup.
God bless my country....

Source that amount from the economy that is already in recess?

raising funds injecting funds pumping funds

FG and funds ehn.. the kind of statements you rarely here in the GEJ era

“The idea is that any Nigerian who can afford N30,000 should be able to own a house.”

Empty promise.... Govt of deceit. N30000 can only buy 15 bags of cement. Is the developers NGO

Start Building

There we go again.since my 37yrs i av only heard of milions go for low cost housng scheme.but yet to see a family or a friend leaving in a low cost gvt building.all of us nig ar stil ever slave to landlord.Same old story.of trilions and billion going for white elephant project.WHICH WAY NIGERIA?WHICH WAY TO GO? [RIP Sonny okosun my broda

To to to to to to to to to to...

This government too like that word

We're tired of all these announcements, give us a results already

As minister for English kemi adeosun will say , FG planning to inject $6trillion , FG about to INJECT $2b. , FG set to INJECT $10trillion into the lake Chad. FG about to INJECT more lies in side zombies Brain to keep them hoping the illiterate President can do something.

fake promises alerted again

Seun my brother.help me ask them.this guys ar trying our patience.if i mention zoo naw.una go term me IPOB.Ok.make we de watch

empty and bogus promises... this OSIBANDE has a special place in hell fire... Buhari does not have a
monopoly of recall of history and
the factors which were
responsible for the situation in
which we find ourselves today. Buhari is finding it difficult, if not
impossible, to fulfill all his promise, Are we to assume that the person
who went about promising free
money, food and training did not
have the foggiest idea how he
would deliver on those promises
and was instead waiting for
Jonathan to leave him with
savings to redeem his promises? Promises upon promises yet non is about to be fulfill.. Buhari and his cronies has scammed Nigerians with empty promises.. Nigerians should
brace up for more hard times
under
President Buhari. since the APC took office, the
nation’s
financial system in the absence of
statutory functionaries has been
enmeshed in confusion,
controversy and fertile atmosphere
for financial
sleazes. “Indeed, Nigerians are no longer
in doubt that they have been
scammed with
long list of empty promises.

ok

D houses wll nt reach less privileged or d masses. Only within dem self

The Nigerian government is confused without any direct plan
for this economic recession. when they removed fuel
subsidy, they promised it wouldnt be long before we wuld
start feeling the change(good governance) we voted for..
But it is otherwise. People arise, Nigeria is a name used
by few thieves to deceive the masses of good will, but
when they are wicked hearted,God's punishment would be
on their generations and they shall be fogotten and be
blown away as waste products. God arise with your
punishment and inflict sorrow on the wicked once in this
country(Nigeria).

Government should always put the Private Sector as the driver of every of their programmes and projects.
But so doing, there will be continuity and completion even when their tenure elapses.
Do you know that Daystar Shelter Ltd made frantic efforts to drive the so much talked about Aerotropolis project of Stella Oduah? But the Aviation ministry on their wisdom felt it was better they drive it. It was immediately the minister stepped down that the laudable project was stopped.

Look at Ilubirin housing project by Fashola. Till now, the roofing woods that were installed by Fash when he left are already decaying as we speak. Such a wonderful project. I plead that Ambode the action Gov will complete it 100%.

Government at all levels should engage private Corporations like Daystar Shelter to drive their projects. www.daystarshelter.com

They will soon tell us it's for the extremely poor people. Who are the extremely poor people in Nigeria? Northerners.... lol

Still promises again

Osinbajo is turning to refurbish Lai Mohammed.