feel free to call 09056000005

8,925 Apply for FG Housing – Dangiwa

 
The Ministry of Housing and Urban Development announced that 8,925 individuals have expressed interest in the reallocation of houses built under the National Housing Programme (NHP). Housing Minister Ahmed Dangiwa shared this information during a sectoral ministerial press briefing, marking President Bola Tinubu's first year in office in Abuja.
 
Launched under the Buhari administration in 2021, the NHP aims to provide affordable housing through homeownership and rental schemes for Nigerians in both urban and rural areas.
 
Image result for pictures of real estate
Last year, the ministry revoked provisional allocation letters offered to NHP subscribers due to a need to review the conditions and procedures for house sales. This revocation affected beneficiaries from the first to the 14th batch of the program. After revising the conditions, the ministry reopened applications for houses in 34 states.
 
During the press briefing, Minister Dangiwa announced that expression of interest forms were re-advertised with four subscription options to accommodate all income levels: outright purchase, mortgage, rent-to-own, and installment payments. “We received a total of 8,925 expressions of interest, with 1,294 for outright purchase, 2,408 for mortgage, 2,184 for rent-to-own, and 3,039 for installment payment,” Dangiwa said. 
 
He added that the first batch of successful applicants received their provisional allocation letters in May. "Last month, we issued the first batch of new provisional allocation letters for outright payment to successful applicants," he stated.
The Minister of Housing and Urban Development, Ahmed Dangiwa. CREDIT: Housing Ministry
 
The government aims to increase affordable housing units by an additional 50,000 per year and has initiated urban and slum upgrading programs to improve living conditions, infrastructure, and basic services in informal settlements. These programs also include policies promoting inclusivity for vulnerable groups, such as persons with disabilities, women, and the elderly. “The government has approved a total of N126.5 billion from the 2023 supplementary and 2024 budget for these projects, including slum upgrades and urban renewal,” Dangiwa added.
Read also: DANGIWA ADVOCATES REVIEW OF ARCON ACT
He concluded by emphasizing the government's commitment to implementing these reforms and initiatives to transform the housing sector and fulfill the renewed hope agenda for housing and urban development.

Similar Topics

The Real Estate Developers Association of Nigeria has announced initiatives aimed at enhancing...

2 days ago Read More

The Global Environment Facility has approved $3.28m to tackle land degradation in Kebbi State under...

5 days ago Read More

The commercial real estate market is currently grappling with several major challenges, including...

11 days ago Read More

Real estate development is a key driver of economic growth in any region, and Africa is no...

11 days ago Read More

The Federal Government has signed a Memorandum of Understanding with Shelter Afrique...

16 days ago Read More

The Federal Government has issued a 90-day deadline for subscribers of the National Housing...

17 days ago Read More

The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that plans are underway...

18 days ago Read More

A real estate firm, Gestpoint Nigeria Limited, has implored the Federal Government to simplify the...

18 days ago Read More

Ahmed Dangiwa, minister of Housing and Urban Development, has said that unlocking Nigeria’s...

24 days ago Read More

Experts in the built environment have emphasized that effective urban planning and infrastructure...

25 days ago Read More

The Council for the Regulation of Engineering in Nigeria (COREN) has highlighted a legislative...

25 days ago Read More

The state of the country’s economy has affected the real estate sector adversely in 2024, a...

a month ago Read More

The Council for the Regulation of Engineering in Nigeria has inaugurated a National Technical...

a month ago Read More

“This demand is particularly strong in affordable areas that offer amenities and proximity to...

a month ago Read More

The Executive Director of Projects Implementation at the Federal Housing Authority, Oluremi...

a month ago Read More

To address ongoing challenges in the housing sector, Uzo Oshogwe, the Managing Director and Chief...

a month ago Read More

  The House of Representatives has approved a significant budget increase for the Ministry of...

a month ago Read More

The Osun State Government, in partnership with foreign collaborators, has initiated a reforestation...

a month ago Read More

Dr. Seyi Olufemi, the CEO of Casafina Development Company, has counseled investors to purchase...

a month ago Read More

The Economic and Financial Crimes Commission (EFCC) is tightening regulations on estate surveying...

a month ago Read More