Featured, Latest Housing News, Latest News, Trending News

FCT to tackle 1.7m housing deficits with PPP

The Federal Capital Territory Administration (FCTA) is set to address 1.7 million housing deficit in Abuja through Public-Private Partnership program initiated to benefit many low income earners.

FCT Minister Malam Muhammad Musa Bello made this declaration at the 12th Abuja international Housing Show in Abuja.

Get your daily housing news on your mobile phone : Download from goggle playstore Now


The minister said that the government had formulated a National Housing Policy since 1991 to ease the provision of adequate, accessible and low-cost housing for its citizens.

Bello who was represented at the event by the Coordinator, Abuja Metropolitan Management Council (AMMC) Umar Shuaibu noted that the housing initiative was not realized due to several factors ranging from lack of political will, policy inconsistency, poor financing to weak institutional structures.

Click here to download Abuja International Housing Show Mobile App

“The revised policy established financial institutions and procedure that will make funds available through the primary mortgage institutions for affordable housing production. The new policy, therefore, acknowledged the private sector as a key partner in the delivery of housing for the country,” he said.

Malikatu Umar Shuaibu


Follow Us on Social Media
READ MORE:  Big City Housing Doesn’t Have to Be So Expensive
Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Facebook Auto Publish Powered By : XYZScripts.com
Translate »

You have successfully subscribed to our newsletter

There was an error while trying to send your request. Please try again.

Housing News will use the information you provide on this form to be in touch with you and to provide updates and marketing.