The federal government has warned developers handling its Renewed Hope Cities and Estates across the country to refrain from doing shoddy jobs or be ready to face the law.handed down the warning at the groundbreaking exercise for a 250-unit estate at Ekpan, in the Uvwie council area of Delta state, weekend.
He stressed that the programme was in line with President Bola Tinubu’s desire to provide quality and affordable housing for Nigerians, adding that it would also create thousands of jobs. “This second leg will see us break ground for a total of 2,000 Renewed Hope Housing Units across eight states in the South and North Central. We started on Wednesday with 250 units in Ebonyi; Thursday we were in Abia for another 250 units, yesterday we were in Akwa Ibom for another 250 units and today we are happy to be here in Delta to flag off another 250 units. Next week we will proceed to Osun, Oyo, Benue, and Nasarawa states for 250 housing units in each of these states,” the Minister said.
Addressing the contactors whom he identified as Messrs Good News Creative Ideas Ltd, First Class Capital Projects Ltd, and Gozcom Investment Ltd, he charged them to deliver the job as specified. “Recent statistics indicate that as of 2023, the housing deficit stood at 28 million units, marking an alarming 100 percent increase over the past one and half decades. Also, data from the Central Bank of Nigeria, indicates that only 10 percent of Nigerians aspiring to own a house can do so.
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheNationNews - 🏆 6. / 69 Read more »