General news

Housing: the Minister of Public Works welcomes the driving role of the private sector

Published

on

Housing: the Minister of Public Works welcomes the driving role of the private sector

By Funmilayo Adeyemi The Minister of Works and Housing, Mr. Babatunde Fashola, congratulated the private sector for taking a leadership position in meeting the country’s housing needs.

Fashola, who was represented by Minister of State for Works and Housing, Mr. Abubakar Aliyu, said the current administration is keen to promote affordable housing for citizens.

He revealed it on Monday at the 15th Abuja International Housing Fair in Abuja on the topic “Sustainable and resilient housing solutions for a post-pandemic world”.

The minister has identified affordable housing as part of the current government’s agenda.

“As part of President Muhammadu Buhari’s development agenda to address housing needs in Nigeria, the federal government has launched a Pragmatic National Housing Program (NHP) to build acceptable and affordable homes across the country.

“The first phase of the program began in fiscal 2016 in 34 states and FCT. In addition to the above, the ministry promotes local content in accordance with Executive Decrees 3 and 5.

“The use of local building materials available in the NHP has boosted the economy through the production and use of these materials,” he said.

He added that the overall economic value chain arising from housing construction activities was mainly beneficial to Nigerian youth who were directly involved in the physical production of the houses.

In addition, Ghana’s Minister of State for Works and Housing, Ms. Freda Prempeh, said investing in the widespread construction of decent and affordable housing should be a top priority for every nation.

Prempeh noted that providing affordable and decent housing for middle and lower income segments of the population remains a challenge that needs to be addressed.

In a similar vein, Environment Minister Dr Mohammed Abubakar said that apart from the COVID-19 pandemic, the planet change pandemic, if not handled properly, could cripple the housing sector.

Abubakar said countries are starting to lose their land due to climate change, noting that all hands must be on the bridge to tackle the problem of land degradation.

Previously, the show’s host, Mr. Festus Adebayo, called for the involvement of young people in the future of affordable housing for citizens.

Adebayo also highlighted the need to embrace housing data for effective planning and delivery.

“To this end, the Nigeria Bureau of Statistics (NBS), the National Population Commission (NPC), the CBN, the Ministry of Public Works, the Ministry of Finance and other key stakeholders will deliberate on the figures of the housing deficit and the way forward.

“For us in the building sector, and in particular in the Housing Development and Advocacy Network, we continue to advocate relentlessly for the development and deployment of affordable housing by government and the private sector,” he said. declared.

He also praised the response of the CBN, the Ministry of Finance and other stakeholders to establish a national 200 billion naira social housing program managed by the Family Homes funds.

He added that the program would provide 300,000 housing units for low-income people across the federation.

“The challenges we face as a country in the housing sector are enormous. Our housing deficit, although currently disputed, is estimated at over 17 million homes, which remains the highest on the continent.

“As daunting as the housing challenges in Nigeria are, they are not insurmountable but rather offer great promise and opportunity,” he added. (NOPE)

Short Link: https://wp.me/pcj2iU-3Bhw

NNN

NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @ nnn.ng

Recent Posts

Islamist-Israel clashes kill four Palestinians in West Bank Côte d’Ivoire: African Development Bank mission assesses progress of Yamoussoukro agro-industrial project UNGA 2021: World has the resources to end hunger, says African Development Bank chief at United Nations Food Systems Summit Race wide open as Germany votes in post-Merkel election Pele hails Messi for new South American goalscoring record Davido mourns his late photographer NCDC announces 210 additional COVID-19 cases, two deaths California fights with fire to protect giant sequoias Devastated Joshua heads to hospital to check eye socket after losing titles Three dead, dozens injured after US train derailment Stakeholders harp on IST benefits Congress: APC stakeholders protest alleged alteration, replacement of names The Oyo State Government has concluded arrangements to celebrate the Nation’s 61st Anniversary Matriculation: Work hard to achieve dream, UNIBEN VC tasks fresh students Coronavirus – Malawi: Daily COVID-19 Information Update (September 25, 2021) Kingdom of Bahrain’s MoFA condemns terrorist bombing in Mogadishu, Federal Republic of Somalia ECA and its partners publish a methodological report on the assessment of the regulation of the electricity market in Africa Coronavirus: African CDC encouraged by declining trend of COVID-19 cases in Africa Teacher training on assistive technology and interactive digital textbooks in Kenya, Uganda and Rwanda Africa CDC to launch a regional coordination center in the East UNESCO to donate broadcasting equipment to community radio station in Manicaland, Zimbabwe Taliban hang bodies of four men in Herat city US government donates equipment to Coastal Region Health Promotion Fund on World Pharmacists Day U.S. Embassy Launches Law Enforcement Partnership with Kingdom of Lesotho CAN at 45: Dogara advocates better unity among Christians Eruptions shut airport on Canaries volcanic island AMISOM promotes agricultural skills among women in Jubaland state Opinions of Somali public divided in latest round of consultations on constitutional review process South Sudan “determined never to return to war” Car bomb kills 8 near Somalia's presidential palace UK to issue visas to ease lorry driver shortage Trezeguet calls for more meaningful matches in future football calendar Myanmar monks march against military junta Belarusian Deputy Foreign Minister Barysevich visits Egypt Merkel’s final push for party and stability in knife-edge polls Migrants leave US-Mexican border camps Iraqi Kurdistan conference pushes Baghdad-Israel normalisation Catholic Church apologizes to Canada indigenous peoples for school abuses Huawei executive freed in Canada after deal with US prosecutors Nigeria to provide electricity to 5m households by 2030 – President Buhari Blockage: We’ll open Minna-Bida Road only after rehabilitation- Official Security; Rivers LG boss applauds Navy WHO backs Regeneron COVID-19 drug cocktail Merkel urges vote for 'stable' Germany as election looms Coronavirus: US government donates 336,000 Johnson & Johnson single-dose vaccines to Mozambique BESDA: Oyo Govt, UBEC Adopt Iwe-Kika For Out-of-School Children uLesson offers free App to U-19 cricketers Coronavirus: United States donates more than 100,620 vaccines to Gabon USAID Launches New Activity to Empower Deaf People in Nigeria Through Sign Language Education France warns Russia against paramilitary involvement in Mali