According to the MD, “Bleu Camel Energy with a loan amount of N3 billion is targeting to create 600 jobs; Sunking, another investor with a loan amount of N3 billion will create 1,500 jobs; Auxno Solar with N300 million loan amount targets 100 jobs while Emerald Industrial Co. is seeking N3 billion funding to manufacture 100,000 Solar Home Systems and smart meters.”
While the rates are significantly low, the MD noted that this period can also be extended through refinancing. It would be recalled that the CBN had committed to a N200 billion facility with a guarantee by the FG via the finance ministry for the Social Housing scheme.Speaking further, the FHFL MD noted the agency has struck partnerships with Dangote Cement for the provision of cement at subsidised rates to construct the ESP homes, adding that “we expect to reach a similar agreement with the other two majors shortly.
“We will be drawing from ongoing experience on our project in Yola where the construction of 3,600 homes are ongoing and a partnership between FHFL and the Ministry of Housing is implementing a large-scale youth employment scheme currently employing 1350 young people. The young people are manufacturing interlocking tiles, paving, screeding, etc.
The plan to resettle indigenous displaced persons; never to return to their ancestral land again. Where is the money to build all that nonsense.
Housing scheme for who?..Hope its not for RUGA.
Strategy to acquire land for their cattle grazing in southern region, go and build for your people living in IDP camps in burno state, they need it most 🙄
Story!!! Just in two years! Wayo govt
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Source: Daily Trust - 🏆 13. / 51 Read more »