• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home National Public Private Partnership, A Panacea To Housing Deficit In Nigeria- Fashola
  • National

Public Private Partnership, A Panacea To Housing Deficit In Nigeria- Fashola

By
Nwachukwu Oluseyi
-
December 2, 2016
Fashola
Works Minister Fashola
Babatunde-Fashola-001The Honourable Minister for Power, Works and Housing, Mr. Babatunde Fashola, SAN has reiterated the importance of synergy between the Federal Government and the Private sector in the built industry in the provision of mass housing to Nigerians. He said the Federal government must find a way to exploit the Private Sector participation in the industry especially in the area of local content manufacturing of building materials, noting that it would aid in the reduction of prices of the materials and subsequently the cost of the houses.
He made this known during an inspection visit to some selected sites and Polysterene manufacturing company in Abuja. He said the visit was a follow up to the claims by some sponsors in the built industry during the Affordable Housing Summit held in Abuja earlier in the year that they had all the machineries to partner with the Federal Government in delivering affordable mass housing to Nigerians.

 

The Minister who expressed satisfaction with what he saw on ground, noted that the concepts of acceptability and affordability were significant and must be factored into any system the Federal Government intends to adopt in the sector, adding that the low and middle income earners in Nigeria may not be interested in most of the houses available on ground at the moment, though beautiful and accepted but because they are mostly not affordable and said government was committed to initiate policies that would address the situation.

 

Read Also:

  • IG Appoints New National Coordinator for Anti-Cultism Campaign
  • Nigeria Rallies D-8 Nations for a Stronger, Safer Media Space
  • DICON Assembles 1,000 Rifles, Targets 60 Million Rounds of Ammunition Annually
At the Citec building and manufacturing factory in Mbora district, Abuja, The  minister who was conducted round the factory by the Managing Director, Engr. Bello inspected EPS Polystyerene, a building raw material made from petrochemical products and is being used to construct facials used in deckings for storey buildings. Other building materials included, wire mesh which acts as load bearing on the wall and sandwich for constructing portakabins. The company also manufactures doors and windows.

 

The Minister  said  more companies using polystyerene would be encouraged as houses built with it are cheaper, noise proof, self fire extinguishing and does not need the use of air conditioners because it regulates the weather,  adding that for the concept of acceptability and affordability to be meaningful to Nigerians, government must  do its best to bring down the cost of owning a house.
He said as part of efforts to assist Nigerians own houses with less burdens, the Federal Mortgage Bank has been repositioned to better perform its statutory function so that government on its part would concentrate more on ensuring the provision of acceptable housing designs.

 

The Minister also visited building sites including: Braines and Hammers at Life Camp and Galadimawa, Sunny Vale at Logokoma and  Rockvale at Gudu. He expressed satisfaction that Nigerian youths were being  engaged  at the sites in various trades such as masons, building sewage plants, iron mongering, and so on, noting that it has shown that the built sector is important in reducing the unemployment rate in the country.

 

Nwachukwu Oluseyi
ACIO
For: Director (Information)
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • abuja
  • Mr. Babatunde Fashola
  • Private Sector
  • SAN
Previous articlePolice Sets Up Panel to Enhance Prompt Payment of Entitlements
Next articleNNPC Restates Commitment to Local Content
Nwachukwu Oluseyi
Nwachukwu Oluseyi
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Minister of Information and National Orientation, Muhammed Idris at the official unveiling of the World Public Relations Forum (WPRF)

Nigeria Rallies D-8 Nations for a Stronger, Safer Media Space

Nigeria Map

Genocide Nomenclature in Nigeria, By Aliyu U. Tilde

Mallam Nuhu Ribadu @ 65: A Brother, A Beacon, A Blessing To Nigeria, By Gov. Uba Sani

bandict captured students

The Endless Tragedy of Missing Schoolgirls in Nigeria, By Hafsat Ibrahim

The Minister of Education, Dr. Tunji Alausa

FG Orders “Immediate” Closure of 47 Unity Schools Across Northern Regions Over Rising Insecurity

court Judiciary

UN Complex Bombing: Court Admits Video Evidence Against Al-Barnawi, Terror Suspects

NUC

FG Bans Honorary Degrees for Serving Public Officials

Bandit banditry

NYCN Condemns Kebbi Schoolgirls Abduction, Demands Swift Rescue Operation

NDLEA Intercepts Brazil Ship With 20kg Cocaine, Detains Vessel, Arrests 20 Filipino Crew Members

A Group of Terrorists/Bandits

BREAKING: Terrorists Invade School in Niger State, Victims Feared Abducted Near Kainji Dam Enclave

Benue State

There is No Religious, Ethnic Genocide in Benue – A Catholic priest Governor Says

US Congresswoman Sara Jacobs Condemns Trump’s Military Threat to Nigeria as “Reckless and Dangerous

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • IG Appoints New National Coordinator for Anti-Cultism Campaign
  • Nigeria Rallies D-8 Nations for a Stronger, Safer Media Space
  • DICON Assembles 1,000 Rifles, Targets 60 Million Rounds of Ammunition Annually
  • A Nation at a Crossroads: We Must Not Surrender to Banditry and Insurgency
  • CISLAC Expresses Concern as Violent Attacks, Schoolchildren Kidnappings Surge
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
IG Appoints New National Coordinator for Anti-Cultism CampaignNigeria Rallies D-8 Nations for a Stronger, Safer Media SpaceDICON Assembles 1,000 Rifles, Targets 60 Million Rounds of Ammunition AnnuallyA Nation at a Crossroads: We Must Not Surrender to Banditry and InsurgencyCISLAC Expresses Concern as Violent Attacks, Schoolchildren Kidnappings SurgeThe Rise of Community-Focused Policing in Lagos, By Shukurat T. IbrahimCOAS Visits Wounded Soldiers in Kaduna, Pledges Enhanced Medical Care, Troops WelfareIssues as Johannesburg hosts Africa’s maiden G20 Summit, By Hammeed M. Bello, PhDAI-Mageddon: Will AI Outgrow Humanity? A Warning Nigeria Must Not IgnoreGenocide Nomenclature in Nigeria, By Aliyu U. TildeMallam Nuhu Ribadu @ 65: A Brother, A Beacon, A Blessing To Nigeria, By Gov. Uba SaniThe Endless Tragedy of Missing Schoolgirls in Nigeria, By Hafsat IbrahimFG Orders "Immediate" Closure of 47 Unity Schools Across Northern Regions Over Rising InsecurityUN Complex Bombing: Court Admits Video Evidence Against Al-Barnawi, Terror SuspectsPolice Issue Update on Bandits’ Abduction of Secondary School Students in Niger 
X whatsapp