The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has refuted the idea that only Nigerians employed by the Federal Government are eligible to access the National Housing Fund (NHF).
The minister, who disclosed this during a meeting with members of the Renewed Hope Multipurpose Cooperative Society Limited on a visit to his office, also called on the society and eligible Nigerians in the informal and formal sectors to take advantage of the scheme by accessing funding in order to benefit from government’s housing programmes.
The Minister, while disclosing the plan of the Federal Government under President Bola Tinubu to create a National Social Housing Fund, which he said is an insurance that seeks to promote housing as a fundamental human right, further explained that it is a program whereby free houses are provided in the 774 local government areas of Nigeria for citizens who do not have means to own one.
Apart from the Renewed Hope Estates and Cities, the Minister also suggested subscription to National Housing Programme to the Cooperative Society, saying that currently, they have houses under the program in more than 20 states that were delivered by the last administration that were all being processed in various states’ headquarters.
“Contrary to the notion that only Nigerians working under Federal Government can access the fund from the Federal mortgage Bank. The Act setting up the NHF states that every Nigerian irrespective of coming from the informal or formal sector, shall contribute 2.5 percentage of his income into NHF for six months after which he becomes eligible to a loan ranging from one million to fifteen million to buy a house depending on affordability”.
“We have already awarded the contract for the Renewed Hope Cities and Estates in 12 states nationwide, two states per geo- political zone and contractors have already been mobilized on sites to build a minimum of 250 houses that are affordable and organic in 1,2,3 bedrooms” he said.
Leadership
