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BSTAN Charges FG to Provide Housing for IDPs

Property developer has expressed dissatisfaction over inability of political office holders to provide adequate housing for Nigerians.

The Managing Director of Bstan Homes, Bekky Damilola-Oke urged politicians to provide houses for internally displaced persons as well as train them.

Lamenting the increasing rate of IDP camps across the states, she said government should pay adequate attention to the housing sector, which could boost the nation’s Gross Domestic Products (GDP) by 40per cent.


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She stressed that Bstan Home has put in place measures to reduce homelessness in the country through the provision of mass housing for Nigerians.

Damilola Oke pointed out that in its bid to assist access its houses, the company had carved out the Bstan Savings and loans that enable people who are part of the cooperative acquire their mortgage loan at zero percent interest rate.

She said although the state and the federal government are doing their best, but there is an urgent need for private players investment in the sector.

According to her, the reason there are empty housing estates across the country is the inability of Nigerians to secure mortgage loans due to high interest rate.

He also blamed developers for building houses, which are not affordable.

“Most families are faced with problems of paying rent or having shelter over their head, but the moment they can access a good housing program with zero interest rate, then you have solved 50 per cent of problems of many Nigerians, it would increase standard of living in the country, reduce death rate, improve employment”, she said.

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