The National President of the Real Estate Developers Association of Nigeria (REDAN), Rev. Ugochukwu Obiora Chime, has commended the governor of Enugu State, Rt. Hon. Ifeanyi Ugwuanyi, for his commitment towards the provision of mass housing.
Rev. Chime who spoke during the formal inauguration of 125 housing units of 3-bedroom bungalows in Enugu by the minister of state for Power, Works and Housing, Hon. Mustapha Baba Shehuri, observed.
the governor’s humility and accessibility had enabled developers and other associates to partner the state government in its quest to provide affordable houses for the state’s civil servants.
“I thank Enugu State government and the federal government for making the provision of houses to Nigerians particularly the downtrodden in the society their priority,” said Chime, whose company built the
estate in collaboration with the Federal Mortgage Bank of Nigeria.
Shehuri noted that the project was a culmination of the President Mohammadu Buhari administration’s desire to provide affordable houses for the teeming populace, especially the low income, adding that his
ministry will continue to strive to reduce the country’s housing deficit estimated at about 17 million units.
The minister had earlier paid a courtesy visit to Governor Ugwuanyi at the Government House, Enugu, where he praised his novel housing scheme that enabled workers in the state between grade levels 01 to 10 to become house owners.
Speaking during the event, Governor Ugwuanyi said the project is consistent with his administration’s goal to improve the people’s social and economic conditions. He thanked the minister for siting the project in Enugu, noting that much progress has been made in the housing sector since the inception of the current administration.
“Of particular note is the recent approval by the Ministry of Power, Works and Housing for the National Housing Fund loan of N5m and below that attracts 100 percent mortgage funding to be capitalized and paid gradually over a period of five years”, he said.
He also commended the project’s major stakeholders comprising the Federal Mortgage Bank of Nigeria, the developer and REDAN, among other agencies, for the successful completion of the project, adding that the host community – Ibagwa Nike, is also worthy of commendation for their support and cooperation
