Nigerian govt inaugurates task force to facilitate family home fund

The Economic Management Team of the Federal Government has set up a Family Homes Fund’s Task Force to facilitate the implementation and delivery of the Family Homes Housing Project nationwide.

The Chairman and Minister of State II for Power, Works and Housing, Suleiman Hassan made this known on Wednesday in Abuja, at the inaugural meeting of the Land and Infrastructure and Off-take Sub – Committees for the project.
A statement signed by Olatunji John, Principal Information Officer, Ministry of Power, Works and Housing, noted that the Task Force was inaugurated to find lasting solutions to the huge housing deficit in the country.

The minister was quoted in the statement as saying that the project was a new widow intended to deliver more affordable houses to Nigerians.

He explained that the essence was to consistently deliver about 100 housing units annually and create more jobs to the teaming unemployed Nigerians.

The minister added that the Land and Infrastructure sub-committee would engage with relevant state governments and stakeholders on prime locations of land in the various states of the federation.

“The Off-take Sub – Committee is to determine a model for the participation of staff housing cooperatives, adding that this will be able to take care of retired civil servants, officers and personnel of the security forces”.
The minister enjoined members of the sub-committees to bring their wealth of experience to bear in order to actualise this laudable initiative of the Federal Government geared towards the delivery of affordable mass housing.

The statement also noted that the Head of the Civil Service of the Federation, Winifred Oyo-Ita had stated that affordable and quality houses were key issues being pursued by the Federal Government.

Represented by the Permanent Secretary, Service Welfare Office, Didi Walson-Jack, Oyo-Ita added that members of the Off-take sub-committee would do the needful in meeting up with the task ahead.

READ: ABUJA INTERNATIONAL HOUSING SHOW – THE LARGEST HOUSING AND CONSTRUCTION EXPO IN WEST AFRICA

Also speaking, the Special Adviser to the President on Economic Matters, Adeyemi Dipeolu noted that one of the most important aims of the Family Home Project was to identify the financing requirement and draw up a sustainable financing of the models.
He said it would also draw up structure of financing and buy-in of relevant Agencies including the Nigerian Mortgage Re-Financing Corporation for the continuity of the programme.

SOURCE NAN

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