Housing Scheme: Nigeria to allocate houses online through first-come-first-serve basis
The Federal Government has said that houses under development in its various housing schemes would be allocated through online applications on a first-come-first-serve basis.
The was disclosed by the Minister of Works and Housing, Mr Babatunde Fashola, during an inspection of houses under the Federal Government housing project on Thursday, in Bauchi, according to the News Agency of Nigeria.
The Minister told newsmen that the process of allocation would start through online applications by the beneficiaries.
What the Minister said
Fashola said, “The process is going to be on an online platform, the form will be online and pay online, fill them, you don’t need to give anything under the table. It is first come first served, that is why it takes a little while.
“We also noticed some dampness and drainage issues in the completed houses. Our facility manager would address them and find a way of draining the water for the beneficiaries.”
The Minister said that all Nigerians are entitled to own real estate through the housing schemes, citing the FG’s commitment towards solving the nation’s housing deficit.
“The Federal Government is determined to provide houses to the public across all the states of the federation. The first phase of the houses had been completed; the Federal Government would now focus on the second phase to bridge the deficit in housing,” he revealed.
He added that the Housing schemes nationwide have also provided jobs to the citizens and boosted the economy of the people in the state, as all materials used are bought in the state.
What you should know about the FG’s Housing schemes
Recall in May, that Nairametrics reported that the Presidency announced a N200 billion facility set aside for the Federal Government Social Housing Scheme is ready for disbursement to start the project, following the finalization of the agreement with the Central Bank of Nigeria (CBN) with a guarantee from the Federal Ministry of Finance for the scheme, which is expected to be disbursed at 5% per annum, generate 1.8 million jobs and deliver houses to 1.5 million Nigerian families.
In July, the Ministry of Works and Housing stated that it is working with the Ministry of Finance, Budget and National Planning to lower interest and lending rates to reduce Nigeria’s housing deficit.
This month, the FG announced that it will set up a National Housing Bond to address Nigeria’s housing deficit.
