Oyetunde Ojo, managing director of the Federal Housing Authority (FHA), says the federal government will build 500 houses in Kaduna to address the housing deficit in the country.
Ojo spoke in Kaduna on Tuesday while receiving the right of occupancy (RoO) for 157 hectares of land allocated by Uba Sani, the governor of the state.
Ojo said the project would be executed in phases, adding that it would commence before the end of the year.
He said the government initiated the project to ensure priority is placed on the welfare of the people.
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“With 157 hectares of land, we can assure the residents of Kaduna that, in phases, we will do more than 500 housing units of different categories,” the FHA boss said.
“We will make sure we build massively because this is the message of Mr president to make sure we deliver houses for Nigerians at an affordable rate.
“This is why we keep telling Nigerians to be patient a little bit because this is a journey.”
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He said the government will embark on the construction of massive housing projects across the country.
“The federal housing authority will be building, the federal ministry of housing and urban development is building, and even private developers are building,” he added.
“That is why the federal executive council has recently passed the infrastructural fund, in which FHA is going to be a major beneficiary.
“We are assuring Nigerians that, in one year from now, they won’t be able to count the number of housing units that are delivered.”
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The FHA managing director said the ownership of the houses would be strictly by mortgage for 25 years to ensure they were affordable to all.
While presenting the documents, the governor said tackling the housing deficit has been one of the top priorities of his administration.
He added that over 1000 hectares of land had already been allocated to private developers in the past year.
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