Nasarawa, mortgage institutions plan N11bn housing for workers

Civil servants in Nasarawa State, especially those earning below N100,000, will soon be proud home-owners, as the state government has signed a Memorandum of Understanding with Family Homes Fund and Federal Mortgage Bank of Nigeria to build 2,000 houses worth N11bn for them.

Speaking during the signing of the MoU in Lafia, on Wednesday, Governor Abdullahi Sule said the agreement was part of the cardinal objectives of his government as captured in the Nasarawa State Economic Development Strategies.

He said provision of housing was one of his administration’s policies to better the lot of civil servants, adding that civil housing would be provided for servants earning below N100,000 monthly.

Sule said the agreement would create wealth, employment, embark on development, boost economic activities in the state and shelter the less-privileged.

“When the work on the housing project commences, it will provide employment for over 20,000 youths, thereby taking them off the streets. This will help in addressing youth restiveness in the state,” the governor added.

Managing Director of FHF, Femi Adewale, lauded the state government for the partnership and promised that workers, under the initiative, would become proud house-owners.

He described the MoU as a landmark achievement that will provide houses for low and medium income earners.

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