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Nigeria Govt. Begins Allocation of 8,925 Houses Under National Housing Programme

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The authorities say the first batch of the allocation process was concluded after a review of the conditions and procedures for sales of houses under the national housing scheme.

The Nigerian government has announced the allocation of 8,925 houses to deserving applicants nationwide under the National Housing Programme .

"Out of a total of 8,925 applications that were received,1,294 were for outright payment, 2,408 for mortgage, 2,184 for rent to own and 3,039 were for instalment payment modes. Mr Ogunbiyi said that applicants under the Mortgage, rent to own and Instalment payment modes who should be subscribers to the National Housing Fund were presently undergoing profiling.

NAN reports that the NHF is a federal government scheme, which entitles all Nigerians above the age of 21years in paid employment to a low interest, government funded loan.

 

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