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Cement producers lower cost for FG Housing scheme

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Laolu Akande, the Senior Special Assistant on Media and Publicity to Nigeria Vice President has stated cement producers within the country have accepted to offer a reduction on the commodity for the Federal Authorities’s Social Housing Scheme.

He cited Vice-President Yemi Osinbajo as unveiling this while touring the finished model houses in Dei-Dei at the Federal Capital Territory on Friday.

Costs of cement have been shooting up within the country towards stakeholders in the housing sector heightening issues.

Akande, in a press release titled ‘FG, cement manufacturers agree on discount charge for ESP 30,000 social housing units’ noted professor Osinbajo asserting that the gesture would enhance government’s plan to construct homes for low-income earners under the Economic Sustainability Plan.

In his words, “They (cement manufacturers) have agreed to give cement for this project” at a substantial low cost which is a very useful factor to do. “we really commend and thank them for the contributions they’re making”

Osinbajo added that It’s a very patriotic thing on their part. In addition, they “see the importance of this Mass Housing Programme,”

After witnessing the prototypes of the one-bedroom and two-bedroom bungalows, the vice president was said to have demonstrated satisfaction with the standard of the design and the truth that the houses had been inexpensive.

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He said on the average, anyone whose income is N30,000 a month and is able to spend a 3rd of that percentage will be capable of having the money for one of these houses; “that’s the plan. What I’ve seen so far, there’s a one-bedroom unit and there’s a two-bedroom unit, each coming under N2m.

“I think that this is a very good thing indeed. A point has been made that it’s possible to build good, decent accommodation that isn’t out of the reach of practically everyone.”

Remarking on the implementation of the proposal across the nation, Osinbajo ascertained that the Mass Housing Programme could be provided throughout the country.

He mentioned, “We are hoping that we can replicate this not just in Abuja but all over the country. So far, the Family Homes Fund is in 11 states, and they have given up land for the project.

“We are hoping that this year, we will be able to very quickly improve the scale and speed of putting these houses in place.

“Once we’re able to get moving quickly, we think we can make available several thousands of houses across the country and more people can afford to live in such houses.”

The Vice President pointed out that the job creation part of the ESP may be actualized via the Social Housing Scheme.


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