• Thu. Apr 25th, 2024

FG Strengthens Private Sector Participation For Affordable Mass Housing

Federal Ministry of Works and Housing, says the government has strengthened private sector collaboration towards meeting its affordable mass housing and job creation targets for Nigerians nationwide.

The Permanent Secretary, Alhaji Babangida Hussaini said this on Wednesday at the ongoing 10th meeting of the National Council on Land, Housing and Urban Development which in Ikeja, Lagos State.

The theme of the annual programme was: “Housing Development as a Catalyst for Job Creation, Social Inclusion and Economic Development”.

Alhaji Babangida Hussaini revealed that the ministry had embarked on affordable mass housing nationwide, adding that, the projects were positively impacting the national economy through the creation of direct and indirect jobs.

“The ministry has embarked on the construction of decent and affordable mass housing nationwide under the National Housing Programme (NHP) and strengthened corroboration with the organised private sector to provide quality and affordable houses to Nigerians.

“The present administration is committed to ensuring that it addresses the critical economic challenges confronting the country and lifting 100 million Nigerians out of poverty through the creation of jobs and creating a just and egalitarian society through social inclusion,” he said.

Speaking, the Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, said the state government had created an enabling environment to encourage investments in the real estate sector.

Dr Salako said the meeting, which had in attendance built environment stakeholders from states and federal agencies as well as the private sector, would help to create employment for people around the country.

“The Lagos State Government has continued to evolve creative approaches and strategic schemes to ensure a greater, livable and sustainable state and one of such is the provision of enabling policies, reforms and programmes.

“Due cognizance is given to the demand gaps in housing, employment and urban development while also seizing the unique opportunity of bridging the observed gaps in the trio.

“It is important to mention that Lagos State Government has relaxed some policies to encourage investments in real estate sector for housing provision and this is not limited to the lifting of embargoes from areas that were hitherto under various bans.

“This reform translated to availability of more lands, hitch-free for housing while housing delivery is also facilitated by prompt processing of planning permit and engendered more employment, he said.

The commissioner revealed that the Lagos State Urban Development Policy had commenced and was being steered by the ministry.

NAN