HomeBusinessFG constructs 15,000 houses across Nigeria – Tinubu 

FG constructs 15,000 houses across Nigeria – Tinubu 

President Bola Tinubu says his Administration is currently constructing about 15,000 houses across the Country.

This is just as he said his Administration had strengthened framework that governs equipment leasing so that a builder could have easier access to machineries in the construction industry.

The President revealed this on his official Xhandle stating that his Administration had  promised a programme to build on a national scale.

Under the programme, the President had promised 100,000 homes in all, with 50,000 in the first phase through cities of 1,000 units in every geopolitical zone and the Federal Capital Territory, and estates of up to 500 units in the remaining 30 States.

The President revealed that the housing programme is being prosecuted through the Ministry of Finance Incorporated MOFI Real Estate Investment Fund.

“1,859 families across 25 Dtates have now drawn ₦128 billion in mortgages, fixed at 9.75% and repayable over 20 years,

This post was originally published on this site.

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