Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Consortium addresses housing woes

21 June 2013, 07:11

Abuja - A consortium of Nigerians in the Diaspora has partnered with government to build 60 000 houses around the country.

The agreement between the Ministry of Lands, Housing and Urban Development Cyrus Projects Nigeria Limited, the consortium of foreign-based Nigerians, will culminate in the construction of 10 000 units in each of the country's six geo-political zones.

Ama Pepple, the Minister of Lands, Housing and Urban Development, disclosed this in Abuja on Thursday.

The Ministry, under this agreement, is currently funding the provision of infrastructure for the social housing component of the project in a pilot phase in Lafia, Nasarawa State.

Another 144 mixed housing units of 1-3 bedroom apartments are under construction in Lugbe, Abuja following a collaboration with Aso Savings and Loans and Federal Mortgage Bank of Nigeria.

Pepple urged estate developers to embrace the concept of mixed development in housing delivery and ensure that at least 20 percent of the total number of housing units built were allocated to low income earners.

With a ballooning population that currently stands at more than 160 million, Nigeria requires a minimum of 1 million housing units per year to avert a serious housing crisis by 2020.

- CAJ News

Tags housing

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...