Federal Government commences construction of 150 houses in Akure

The Federal Government is building 150 houses in Akure, Ondo State.

Construction of houses in Akure

The Federal Government is building 150 houses in Akure, Ondo State, with the help of the National Housing Fund (NHF).

Speaking at the launching, Mrs. Mojisola Gbadebo, the State Controller of the Federal Mortgage Bank of Nigeria (FMBN), revealed that the project was being sponsored by the bank, and the Federal Housing Authority.

Mrs Gbadebo added that the NHF was open to all income earners from the age of 18.

Benefits of this housing project include accessing a mortgage loan from the bank at 6% interest rate and 30 years of repayment, depending on the age and income level, all possible once the buyer is a contributor to the NHF.

Meadville Building and Construction Company is in charge of the project, which comprises two and three-bedroom flats.

The houses should be completed in the first quarter of 2016.


Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Hafsat Abiola praises Aregbesola for his role in immortalising MKO

Mikel Obi has promised to support Gov Bello's bid for the presidency

President Buhari greets Gen Abubakar at 79

Army urges Boko Haram terrorists to surrender, says nobody is happy that people are dying

Asari Dokubo says Nnamdi Kanu is a criminal and conman

Tambuwal says PDP Governors determined to rescue Nigeria

BUK threatens to deal decisively with students if they protest their colleague's death

COVID-19: NCDC records lowest infection figure in more than 1 year

Okowa says justice, equity, fairness panacea for Nigeria's unity