NLNG Corporate Caring banner First bank SME Connect Fidelity bank card banner Emerald Energy Institute Camano banner

FG to partner innovative companies on the national cooperative housing scheme

By News Express on 18/10/2019

Gmail icon

Views: 276


The Minister of Works and Housing, Mr. Babatunde Fashola, on Tuesday, said that the Federal Government will be willing to partner with 21st-century innovative companies like Karmod Nigeria in the implementation of the planned national cooperative housing scheme aimed at providing affordable houses for Nigerians.

According to Fashola, the scheme will help tremendously in addressing the huge housing deficit in Nigeria.

The Minister who spoke during the grand opening of the Karmod Nigeria showroom in Abuja, said: “Very soon we will initiate a national cooperative housing scheme. We have seen that cooperatives have been successful in markets; it has been successful in Agric; it has been successful in transportation. So, we think that they have huge and realised potential in housing.”

The Minister added: “We know that states have cooperatives; we know that there are cooperatives within many unions and associations. We will be recommending and working with them. We will work with the state governments to ensure that access roads are built.”

In his opening remark, the Managing Director/Chief Executive Officer, Karmod Nigeria, Hakeem Shagaya, said the firm’s mission is to provide an alternative solution to the pressing housing challenges facing the country.

According to Mr. Shagaya, Nigeria’s 17 million housing deficit could reach 35 million by the year 2035 judging by the country’s population growth rate.

He said, “Recent statistics show that Nigeria has a housing deficit of over 17 million. With a population that is growing exponentially, this deficit may reach 35 million by the year 2035.”

Source News Express

Posted 18/10/2019 7:49:55 PM

 

 

CLASSIFIED ADS

 

You may also like...
Court orders trial of MTN over copyright infringement...

Buhari set to retire service chiefs, appoint replacements...

Gunshot at Osun INEC office

Declaring Yahaya Bello Kogi governor-elect a waste of...

UN graduates 35 Nigerian aviation security trainers

Zamfara bandits to disarm this week, says Police...

Malete Film Village births TANGLED

5 lawmakers defect in Ogun

Islamic teacher who raped, sodomised 35 boys jailed...

FG investing heavily in social programmes to create...

Kidnapped Lagos council chairman speaks from unknown location...

Octogenarian, 3 others bag death sentence for murder...

 

Latest News Nigeria’s TOP 10 Songs Gunmen kidnap Professor in Yola How Gov. Makinde was attacked in Lokoja - Oyo Govt We are investigating 9,457 results - WAEC Bayelsa: INEC moves sensitive materials to RACs, calls for peace Two dead, six injured as fuel tanker explodes at Lagos - Abeokuta Expressway Neighbourhood Watch, forest guards to boost security in Enugu – NSCDC Border closure: Nigeria, Benin, Niger to form border police Python Dance ko, frog jump ni (2) Court remands party chairman in police custody in Katsina FG to build $800M seaport in Warri – Amaechi COZA rape case: Busola vows to drag Fatoyinbo to Appeal Court

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (562,254 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (452,060 views) Shameless Genevieve Nnaji exposes breasts in public (401,096 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (335,350 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (303,403 views) 10 cars more expensive than Jets (280,427 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (258,672 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (256,821 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (238,316 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (224,681 views) Lagos plane crash: Journalist releases victims’ names (201,253 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (198,013 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (108) Business & Economy (4,571) Business Verdict (86) Columnists (1,143) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (703) Features (844) Global Business Monitor (493) ICT Monitor (67) International (4,206) Interview (211) Live Commentary (30) Love Matters (176) Maggie's Blog (483) News (53,970) Opinion (1,418) Pidgin (17) Politics (11,730) Religion (1,119) Sports (2,224) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera