Niger Govt partners, Family Home Funds To Provide 1, 200 Houses In The State

Olabode Adaramola

In an attempt to meet up with housing deficit amongst it’s citizens, Niger state government  has signed a Memorandum of Understanding (MoU) with a private firm, Family Home Funds (FHF) Limited to provide 1,200 units of houses worth N1. 8billons .

Governor Abubakar Sani Bello presided over the signing of the MoU between the state government and the company at the government house, Minna.

The Governor,  assured that the state government in it’s desire to provide decent, affordable and quality houses to the people will be fully committed to supporting the project.

The Governor drew the attention of the company and the state Housing Corporation towards ensuring that the standard of the housing units were not compromised and profits should not be placed over quality.

Earlier in his remarks, the Managing Director and Chief Executive Officer (MD/CEO), Family Home Funds Ltd, Mr. Femi Adewole said their sole responsibility was to provide the funds for the housing and monitor the execution of the project to ensure the terms of the MoU were strictly adhered to.

Mr. Adewole said the 1, 200 houses that will gulp N1.8billions  will create no fewer than 6,000 jobs amongst the populace through indirect linkages, adding that the housing company was to regain it’s funds within seven to eight years.

He added that they were working in nine states of the Federation and building 14, 000 homes in those states, while assuring that they will work assiduously to ensure funds were made available for the project.

The General Manager, Niger state Housing Corporation, Ahmed Abdullahi disclosed that the Housing Estate was located along Abuja-Kaduna Highways,  in Tafa local government area of the state.

The General Manager said the project which was 300 units of two (2) bedroom flats and 100 units of three (3) bedroom flats will kick start in the next three weeks, adding that 70 percent of the beneficiaries will be civil servants and 30 percent will be the general public.

Commissioner for Lands and Housing, Muktar Nasale and the General Manager of the state Housing Corporation,  signed on behalf of the state government,  while Mr. Femi Adewole signed for the company.