Jubilee Estates in zones: Stakeholders hail FHA’s efforts

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Real estate stakeholders have applauded the efforts of the Federal Housing Authority (FHA) in spreading the Jubilee Estate in all the six geopolitical zones of the country. The stakeholders believe that such gesture will help in reducing the menace of housing deficit in the country.

According to Mrs. Monica Osaghae, a property developer in Amuwo-Odofin, the gesture will go a long way in exposing to government the hardship facing many citizens in the country.

“When government’s agents go to the market to buy cement, they will know how much a bag of cement costs so as to appreciate the value of the minimum wage paid to workers.

“It is also important for those in government’s parastatals to know that even though they have the opportunity of living in quarters built with tax payers money, many others who do not have such privilege are suffering.

“It is when you know that your subordinates are suffering that you make policies that help to ameliorate their sufferings,” she said.

In his appreciation, Mr. Rotimi Ashiru, a civil engineer with Kogi State government said, the time is rife for Nigerian citizens to benefit from government facilities. He said that in the past, it was selective patronage where government will only go to the North to impress them at the expense of the whole nation.

“If every zone benefit from government schemes like this, the effect of the government will be felt everywhere. With this method, development will reach every nook and cranny of the country.

When every zone feels the presence of government in their environment, then criticism will reduce.

The Federal Government recently through the Federal Housing Authority (FHA) muted the plan to construct Golden Jubilee Estates across the six-geo political zones of the country.

Speaking on the jubilee celebration, the Managing Director, FHA, Gbenga Ashafa, said, the theme of the celebration which is “The Future of Housing in Nigeria, Celebrating 50 Years of FHA and its Impact on the Housing Sector” will be unveiled alongside the logo for the commemoration of the authority’s 50 years anniversary.

Ashafa said that the groundbreaking of the golden jubilee estate was done recently at the Mbora District of the Federal Capital Territory (FCT). He said that the housing project would be realised through a Public Private Partnership (PPP), adding that many companies have lined up to be part of the project.

According to him, the project is going to be a 24 months project and FHA will soon start inviting interested bidders to be part of the construction.

“It will be a 20,000 unit housing estate project that will enable Nigerians to own their own houses through ‘rent-to-own approach’. The golden jubilee estate as the name implies will be permanent like that of Festac Town in Lagos. FHA will continue to maintain consistent delivery of quality houses,” he stressed.

Ashafa stated that the purpose of the celebration was to recognise and celebrate those who have been part of the success story of the authority over the years. He also said that FHA was  celebrating the impact it had made in providing quality and affordable housing to Nigerians.

The authority recently performed a groundbreaking ceremony of 7,000 housing units in Mbora District of the FCT, under a PPP arrangement with Nuga Best Regis International.

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