The Federal Government of Nigeria, on Wednesday, revealed plan to kick-start an annual 100,000 affordable homes for low income earners in the country.
Minister of State for Power Works and Housing II, Hassan Zarma, disclosed this during an inspection of Lafia, National Housing Programme, NHP, among other Power and road projects.
According to him, the houses will be at the sum of N2 million and N5million for one-bedroom and Three-bedroom flats respectively.
He said this was part of the social housing scheme, which is completely different from the National Housing Programme, NHP, initiated by the current administration.
Zarma stressed that the housing project initiated by Office of the Vice President will be supported by the Federal Ministry of Finance but entirely different from the current NHP being executed in the 34 states across the Federation.
The Minister, who is also the Chairman, Presidential Initiative on Family Housing Scheme emphasised on a commitment of the current administration to end housing deficits.
His words: “The 100, 000 houses is family home fund that is purely social housing programme. The cost will not be as high, it will be much lower.
“We are thinking of a One-bedroom that will cost N2 million and a Three-bedroom that will cost maximum amount of N5 million.
“It will be as simple as possible, as simple as it can be affordable and as simple as it can adapt to our cultural backgrounds.”
He applauded progress of work at the Lafia NHP stressing that it will be beneficial to the people.