Buhari tasks APC governors to build 250 housing units yearly, read why
– President Muhammadu Buhari has tasked APC governors to build 250 houses yearly
– The move is expected to help the party meet up with it’s campaign promise
– He charged foreign investors and local construction companies to be part of the process
President Muhammadu Buhari tasks APC governors to build 250 houses yearly
As part of efforts to meet Nigeria’s housing deficit, President Muhammadu Buhari has charged the 22 states under the watch of the All Progressive Congress (APC) to build 250 housing units yearly till their four-year tenure ends.
Dailypost reports that the president who stated this in Abuja on Monday, March 21 at the economic retreat added that the move will enable the party meet up with the election campaign promise of providing one million houses for Nigerians yearly.
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He tasked foreign investors and local construction companies to be part of the new effort to overcome the challenge.
“Some estimates put Nigeria’s housing deficit at about sixteen million units. In our successful campaign to win the general elections last year our party, the APC, promised to build a million housing units a year.
“This will turn out to be a very tall order unless the federal government builds two hundred and fifty thousand units. The 22 APC states together manage another two hundred and fifty thousand units.
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“We invite foreign investors together with local domiciled big construction companies to enter into commercial housing building to pick up the rest,” Buhari said.
He highlighted the problems facing the housing sector to include severe shortage of housing, high rents, unaffordable prices for prospective buyers especially middle and low-income earners.
Meanwhile, President Muhammadu Buhari has declared war on the country’s power sector, saying epileptic power supply is no longer a laughing matter.
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