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My Ministry has delivered visible results – Fashola

Minister of Power, Works and Housing, Babatunde Fashola, said the current administration, has delivered visible results in housing, road construction and electricity provision.

Mr Fashola made this known at a news conference in Abuja on Monday, while presenting his third year progress report said, at the inception of the current administration, the Federal Government promised to improve the housing sector.

He stated that, works on public buildings were being undertaken in some states. ‘’As for housing, permit me to start with public buildings like Federal Secretariats in Zamfara, Bayelsa, Nasarawa and Ekiti where public works are being undertaken, and to mention the Zik Mausoleum in Onitsha which has now been practically completed’’.

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He said, under the pilot scheme of the National Housing Programme, construction is ongoing in 34 states.“No less than 1,000 people are employed on each site apart from the staff of the successful contractors. “These sites are an ecosystem of human enterprise, where artisans, vendors, suppliers and craftsmen converge to partake of opportunities and contribute to nation building,” he added.

On the ease of access to housing, he said ‘’Our parastatals like the Federal Mortgage Bank of Nigeria (FMBN) and the Federal Housing Authority (FHA) are also contributing. Policies like the reduction of equity contribution from 5% to 0% for those seeking mortgage loans of up to N5million, and reduction  from 15% to 10% for those seeking loans over N5million are helping to ease access to housing’’.

Speaking further on the achievements of his ministry in the housing sector, the Minister disclosed that a total of 1300 Certificates of Occupancy (CofOs) have been approved with 1,216 Application for Consent to transfer interests in Land application as at October 2018.

He said this was borne out of its resolve to tackle the backlog of issuance of consent and Certificates of Occupancy to Federal Government land.

“Some of these transactions started over a decade ago and those just getting certificates acquired their properties years back but never got title,” he stated.

To this end, he reiterated the FG’s commitment to ensuring that it delivers on all its promises.

SOURCE:Affa Dickson Acho

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