Federal Government has disclosed that it is set to construct 300,000 homes across Nigeria for low-income earners under its National Social Housing Programme (NSHP).
This disclosure was made by the Government in a tweet which was made public via the official Twitter handle of the Federal Government of Nigeria.
The government disclosed that low-income earners can become homeowners easily under the new NSHP initiative, which seeks to deliver affordable housing pegged at 300,000 units and millions of jobs for Nigerians.
The National Social Housing Programme (NSHP) is the housing component of the President Muhammadu Buhari Economic Sustainability Plan to deliver affordable housing and millions of jobs for Nigerians.
Under this programme, 300,000 homes will be constructed in all states of the federation including the Federal Capital Territory (FCT), with the Family Homes Funds (FHF) as the lead developer, however other Nigerian partnerships and collaborations are welcomed to facilitate the construction of these homes.
Dandal Kura Radio reported three months ago that the Central Bank of Nigeria (CBN) had approved the sum of N200 billion as mortgage finance facility to the Family Homes Fund Limited (FHFL) and targeted at low-income earners.