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Home Economy And Business

BREAKING: FG Opens Portal For Housing Scheme

Federal Government has opened an official website for the Renewed Hope Cities, Estates that would provide a platform for civil servants and other Nigerians to benefit from the housing scheme.

by NewsOnline Nigeria
May 21, 2024
in Economy And Business, Headline
0
Housing Scheme

FG has opened the portal for the Housing Scheme.

 

NewsOnline Nigeria reports that the Federal Government has opened an official website for the Renewed Hope Cities, Estates that would provide a platform for civil servants and other Nigerians to benefit from the housing scheme.

 

Launching the portal in Abuja, the Minister of Housing and Urban Development, Ahmed Dangiwa, said President Bola Tinubu broke all the barriers to homeownership for Nigerians, promising to facilitate and promote the creation of technology systems and private sector-led initiatives.

 

ALSO: FG Proposes New Minimum Wage

 

Dangiwa also stated that the government will make it simpler, easier, and more convenient for Nigerians to own their homes, adding that another major step has been taken towards achieving that promise with the launch of the Renewed Hope Housing Platform.

 

“From the exhaustive presentation by the developers, this innovative platform is groundbreaking. It provides an online, transparent, easy-to-use, integrated web-based application for the sale of homes under the Renewed Hope Cities and Estates Programme of the Ministry will be One-Stop Shop for housing delivery,” Dangiwa said.

 

The Minister further explained that there will be a secured registration process with identity verification, enabling potential homeowners to efficiently search for properties using various filters, ensuring they find homes that meet their specific needs.

 

“Buyers can also apply for the release of up to 25 percent of their RSA balance for additional financial support. It is clear that this is not the first time that the Ministry is building an online platform. What we are doing today does not mean that we are duplicating housing delivery systems,” he added.

 

He recalled that “in December 2023, we signed an MoU with a consortium of developers led by Continental Civil to deliver 100,000 housing units nationwide. This platform is a key part of this partnership.”

 

The Housing Minister revealed that currently, “we have Estates in 12 locations and 3 Cities across the country. The Estates are sited in Yobe, Gombe, Ebonyi, Abia, Nasarawa, Benue, Akwa Ibom, Delta, Katsina, Sokoto, Oyo and Osun. The Cities are in Abuja, Kano and Lagos.”

 

Earlier, the Permanent Secretary in the Ministry, Marcus Ogunbiyi said they are building affordable houses for citizens, stressing that the portal is not only for civil servants but also all Nigerian in Diaspora to deliver housing projects in Nigeria.

 

National Consultant on Renewed Hope Cities and Estates, Damola Akindolire and Adetola Agagumma said “Basically it’s a partnership between the Federal Government and Continental Civil, General Construction Limited and Ceezali Limited while Marketing Partners are Qshelter and Quantum Agency Services Limited.

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