ADVERTISEMENT
The Sun Nigeria
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Ley Your Dreams Come Alive – With FCMB Loans
Home Cover

FG to raise N1trillion for housing scheme, says Osinbajo

11th October 2016
in Cover, National
0
FG to raise N1trillion for housing scheme, says Osinbajo
3
SHARES
78
VIEWS
Share on FacebookShare on Twitter
Vice-President Yemi Osinbanjo has said that the  Federal Government is working with stakeholders to raise one trillion naira to  provide affordable housing for Nigerians.
The vice-president spoke at the 22nd Nigerian Economic Summit in Abuja on Tuesday where he chaired a Roundtable on Job Creation, Skills and Employment at the summit.
He said that the proposed project would also help to create jobs.
Osinbajo said that the job creation unit in his office had worked out a framework with the  Nigerian Economic Summit Group (NESG) to focus on three sectors to create employment.
He listed the three sectors as construction, agriculture and information communication technology (ICT).
Under construction, the vice-president said the Federal Government was trying to work on a social housing programme, called the Family Home Fund.
“The Family Home Fund is a financial intervention into social housing in the country.
“We are trying to raise a fund which will come to about one trillion naira; we have aggregated fund from the private sector, local and international funds already.
“The whole idea is to be able to intervene in mortgage financing so that developers can build special houses to the specification of the Federal Government.
“Already eight or nine states are giving land and certificate of occupancy for social housing scheme.
“The idea is that any Nigerian who can afford N30,000 should be able to own a house,’’ he said.
Osinbajo said that there would emerge  job creation opportunities as technicians, engineers and skill workers would benefit from the scheme.
He said there would also be training opportunity from the scheme.
The theme of the summit is “Made-in-Nigeria’’.
The problem of housing in Nigeria has been of interest to every administration and official estimates suggest that more than 17 million houses are needed to cover the country’s 180 million citizens.
Each administration has introduced a different scheme but the impact is not felt by the people.
Philip Nwosu

Philip Nwosu

Related Posts

Nwakohu seeks collaboration to improve  Nigeria’s rating in logistic performance
National

Nwakohu seeks collaboration to improve Nigeria’s rating in logistic performance

26th May 2022
Anambra guber: APGA clears 18 LGAs as PDP, YPP grab 1 each
National

Insecurity: Soludo declares curfew in 8 Anambra LGAs

26th May 2022
Buhari to decide who becomes Senate president – Omo-Agege
National

Omo-Agege releases 60-page manifesto

26th May 2022
Next Post
Gorbachev warns warning of tipping-point in U.S-Russia conflict

Gorbachev warns warning of tipping-point in U.S-Russia conflict

Putin halts France visit over Syria ‘war crimes’ comment

Putin halts France visit over Syria 'war crimes' comment

Bayelsa schools remain shut as teachers’ strike lingers

Bayelsa schools remain shut as teachers’ strike lingers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Highlights

Road to 2023: Why Amaechi should succeed Buhari in 2023 –Olabode Simon

Lagos residents to explore food, drinks at restaurant festival

EKOEXCEL showcases transformations in Lagos primary schools

Where are the roads, railways in present-day Nigeria?

FUTA VC: Why the whirlwind couldn’t last

The killing field called South-East

Trending

Imo landslide: ASUP rescues trapped member as situation worsens
Editorial

Poly lecturers’ threatened strike

26th May 2022
0

It is disheartening that while many Nigerians are yet to come to terms with frequent strikes by...

PDP primaries: Why Saraki stands out among other aspirants

PDP primaries: Why Saraki stands out among other aspirants

26th May 2022
COVID-19: Ayade lauds Buhari, NCDC, others

Road to 2023: C’River guber: Gershom and the battles ahead

26th May 2022
Road to 2023: Why Amaechi should succeed Buhari in 2023 –Olabode Simon

Road to 2023: Why Amaechi should succeed Buhari in 2023 –Olabode Simon

26th May 2022
Lagos residents to explore food, drinks at restaurant festival

Lagos residents to explore food, drinks at restaurant festival

26th May 2022

Follow us on social media:

Latest News

  • Poly lecturers’ threatened strike
  • PDP primaries: Why Saraki stands out among other aspirants
  • Road to 2023: C’River guber: Gershom and the battles ahead
  • Road to 2023: Why Amaechi should succeed Buhari in 2023 –Olabode Simon
  • Lagos residents to explore food, drinks at restaurant festival
  • EKOEXCEL showcases transformations in Lagos primary schools
  • Where are the roads, railways in present-day Nigeria?
  • FUTA VC: Why the whirlwind couldn’t last
  • The killing field called South-East
  • Nwajiuba, Onu and Nigeria’s dream
  • Are bandits upgrading their game? (2)
  • Season of delegates’ emergency prosperity
  • Nwakohu seeks collaboration to improve Nigeria’s rating in logistic performance
  • Insecurity: Soludo declares curfew in 8 Anambra LGAs
  • Omo-Agege releases 60-page manifesto
  • APC primary: Adamu rules out consensus
  • Talent development: NPA commissions ultra-modern training school
  • Finally, Anambra PDP holds 3-man ad-hoc delegates congresses
  • Ombugadu wins PDP gubernatorial primary in Nasarawa
  • INEC raises alarm over increasing money politics

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Posting....