The lodging units would be built under the Social Housing component of the public authority's Economic Sustainability Plan.
On Sunday, December 13, the Federal Government uncovered that its arrangement to construct 300,000 moderate lodging units for Nigerians will start this week.
The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, who revealed this in a proclamation in Abuja, said the lodging units would be worked under the Social Housing component of the public authority's Economic Sustainability Plan (ESP).
As per him, "This week, the gateway to welcome Nigerians intrigued either as recipients of the Social Housing or as conveyance accomplices would be dispatched by the Family Homes Fund, the Federal Government organization assigned to execute the plan.
Under the ESP Social Housing Plan, 300,000 minimal effort houses would without help from anyone else make 1.8 million positions in the lodging area and past, while as shown under the ESP affirmed by the President and the Federal Executive Council, the Central Bank of Nigeria has now dedicated N200bn office for the Social Housing Plan.
Under the program, the government will offer one-room, two-room and three-room units at low costs.
The one-room unit will cost somewhere in the range of N1.8m and N2m, while monetary help would be accessible for Nigerians to pay the home loan.
The type of monetary help that will be caused accessible to Nigerians to incorporate home loan credits at low-financing costs.
Financing will be organized through the assignment of a Homes Warehousing Agent that will buy the finished lodging units from the designers."
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