Federal Housing Authority (FHA) has declared commitment to address the housing deficit in fulfilment of President Bola Tinubu’s vision to deliver affordable housing units to Nigerians.
During the groundbreaking ceremony of the FHA Golden Jubilee Estate at Mbora II District, Abuja, Managing Director/Chief Executive Officer of FHA, Senator Gbenga Ashafa said that, on assumption of duty, President Bola Tinubu frowned at cash purchase of houses citing it as an enabler of fraud.
Ashafa noted that the estate will contribute approximately 7,000 distinct residential units to Nigerians.
He said the FHA will commence with an initial 1,200 units, through a public-private partnership with Nuga Best Regis International.
He said the estate will be serviced with standard infrastructure that characterises FHA development.
“Within the framework of the federal housing authority, we remain resolute in our commitment to advance the government’s housing delivery initiative, leveraging the potential of the construction industry to stimulate employment opportunities and foster economic diversification”, he said.
Chairman of Nuga Best Regis International and Regis Integrated Services LP, Pastor Hillary Chukwuma noted that the estate which sits on about 200 hectares of land is designed with plans for schools, hospital, recreation centres, markets, shopping malls, filling station, police station amongst others.
“The evolution of work and indeed our lifestyles demand that we rethink the choice of location we live in and what we can have multiple access around it.
“Our residential location is now expected to fulfil our multiple needs in a seamless manner.
“FHA and Nuga Best International and Regis Integrated Services LP is aware that housing is rapidly evolving”, Chukwuma said.
