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We will revolutionalise Nigeria’s housing sector – Jonathan



President Goodluck Jonathan on Monday said the present administration would revolutionalise the country’s housing sector to make houses accessible to Nigerians irrespective of their socio-economic status.


Jonathan stated this at a one-day Presidential Stakeholders’ Retreat at the Presidential Banquet hall, Abuja.

He said already, the Federal Executive Council (FEC) had approved National Housing Policy and National Urban Development Policy in June to facilitate speedy transformation of the housing sector.
“These policies are to be translated into action through a roadmap for the housing and urban development sector.

“The roadmap will address the challenges of achieving a housing revolution in our nation within the shortest possible time. It will also provide the path way for transforming our cities into livable and functional human settlements.

“This retreat will provide us with such opportunity to reaffirm our commitment to the revitalisation of the housing and urban development sector.

“We believe that through the pooling of resources and talents, we can meaningfully address the impediments to the growth of the sector,” the News Agency of Nigeria quoted the president as saying at the retreat.

He noted that inequitable access to land for housing development, inadequacy of housing in view of the national housing deficit estimated at about 16 to 17 million units had remained a critical challenge to all stakeholders in the sector.

“If the deficit is to be bridged, we must continue to seek ways to provide affordable housing, especially to non-income, low income, lower middle income and the informal sector worker.
“A variety of housing delivery scheme, including social housing, rental schemes, regeneration and housing corporations must be evaluated,” he added.

Jonathan, therefore, challenged the participants to devise means of meeting the global benchmarks in housing, building standard, proper land use, and space standard as well as the institutionalization of a vibrant mortgage system, based on long-term repayment terms.
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3 comments

  1. You just like to talk .

    Just leave all other things and concentrate on power before your tenure run out .

    ReplyDelete
  2. Uninstalling Jonathan......... █████████████▒▒▒ 90% complete

    ReplyDelete
  3. Empty promises...pls don't raise our hopes!

    ReplyDelete

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