Minister of Works and Housing, Babatunde Fashola, has disclosed that the Federal Government of Nigeria has completed a total number of 11,000 housing units across the country.
Gatekeepers News reports that Fashola disclosed this during an interview with Arise TV.
He said, “We have pilot housing projects in 34 states. We are now in some phases. Phases two and three have a total of over 5,000 housing units.
“There is an inherited pilot programme of about 6,000 units and in fact we’ve finished that as well, to give you about 11,000 units.”
The minister further stated that there had been other interventions that had led to the construction of thousands of mass housing projects across the country.
Fashola said, “There are interventions from mortgage and real estate developers by the Federal Mortgage Bank of Nigeria of about 25,000 units across the country.
“And the Federal Housing Authority is also building and developing on its own and in partnership in many parts of the country.”
The minister said the interest of private investors in the project, regarding their level of investment as “massive”.
He expressed hopes that the country’s housing deficit would be adequately reduced.
