ABUJA: Determined to provide adequate and affordable housing for Nigerians, the Federal Government, yesterday, proposed National Housing Bond aimed to help housing developers access financing across all geopolitical zones in the country.

The Minister of Works and Housing, Babatunde Fashola, while speaking during the Housing Investment Forum  in Abuja, said there was need to improved financing of the housing sector to the benefit of Nigerians both in urban and rural areas.

The Housing Investment Forum is with theme,” Exploring the option of National Housing Bond for Housing Development of Public -Private sector collaboration.

The minister noted that the aim was to raise Capital that will be used to finance develop of housing infrastructure in Nigeria.

According to him, “This will facilitate the provision of adequate and affordable housing for Nigeria in both urban and rural areas in a secure, healthy and decent environment”.

He added that this idea was proposed by Signatures Advisory in collaboration with the Federal Ministry of Works and Housing.