Osinbajo inaugurates 650 housing units project in Delta
Vice President Yemi Osinbajo, on Friday, inaugurated a 650 affordable housing units comprising 192 one-bedroom, 230 two-bedroom semi-detached terrace and 228 three-bedroom bungalows near Asaba.
Vice President Yemi Osinbajo [Twitter/Buhari Sallau]
He arrived the Housing Estate located in Aniocha North Llcal Government Area at about 6:30 pm, performed the ceremony and felicitated with the host community and the monarchs of the people.
The News Agency of Nigeria (NAN) reports that the project which was started in February 2018 with initial N500 billion capital was funded by the Family Homes Funds, a social housing initiative of the Federal Government.
The fund with the initial share holding by the Ministry of Finance Incorporated (MOFI) and Nigerian Sovereign Investment Authority (NSIA),was to raise another N800 billion from Direct Foreign Investment (DFI) as partner, to finance the programme.
ADVERTISEMENT
NAN reports that the fund’s objective is to work with partners to create 500,000 new homes and 1.5 million jobs by 2023.
The fund’s current programme comprises 3,600 housing units now under construction in five locations and another further 21,600 homes to be completed across the country.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
We’re not stopping - Onakoya extends Guinness World record chess marathon target by 2 hours
'We have done it': Tunde Onakoya reaches 58-hour mark chess marathon
Forgive me my papa - Self-acclaimed Hausa traditional ruler kneels to beg Oba of Benin
Fubara grows Rivers IGR by over 100%, less than 1 year after Wike's tenure
Plateau University suspends exams over killing of student
Nigeria laughing stock of the rest of the world due to insecurity - TY Danjuma
APC group claims Tinubu’s initiatives stimulating economic recovery
Plateau Gov urges calm after attack that led to death of 200-level PLASU student
NAFDAC reopens popular Ibadan supermarket shut for selling unregistered product
Pulse Sports
Lionel Messi's son breaks the internet after scoring five goals for Inter Miami
Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe
Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024
ADVERTISEMENT
