Home Economy National housing programme attracts 7, 315 applications within 6 days— Fashola

National housing programme attracts 7, 315 applications within 6 days— Fashola

by Business News Report

Minister of Works and Housing,  Babatunde Fashola, SAN has informed the Senate that a  total of 7, 315 applications from prospective  House owners have been received within six days after the launch of the National Housing Programme. According to him, portal for the National Housing Programme comprising of one, two and three bedroom apartments for sale at prices ranging from N7.2 million to N13 million was opened at the Headquarters of the Federal Ministry of Housing in Mabushi. Speaking in Abuja when he appeared before the Senator Sam Egwu, led Senate Committee on Housing during the  2022 budget defence session, Fashola who disclosed that  on the available 5,000 Units of Houses for sale in 34 out of the 36 States of the federation, 7,315 applications were received within six days, said that they were Nigerians cutting across 14 or 16 States as no applications have been received from 20 States .

Fashola said, ”The applications received so far from  prospective House owners are about 2, 315 higher than the available 5,000 housing units available for now. This is even as applications have not been received from  Nigerian workers in about 20 States “ According to him, the current National Housing Programme is a pilot or demonstration scheme meant, among others, to galvanise private sector participation. On Housing Housing deficit, Fashola who  told the Committee  that solution to it is not just on building of houses but marketing the empty ones, said  that the National Housing Programme had not succeeded in the past and some of the houses built then still remain emptyy  due  to cultural or financial factors.

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