
The Honourable Minister of Budget and National Planning, Senator Udoma Udo Udoma restated Government commitment today in his office in Abuja when he received in audience the Housing and Urban Development Working Team of the National Economic Summit Group led by Architect Pemwalk Gomwalk who paid him a courtesy call.
While disclosing that the Federal Government has made a provision of One Hundred Billion Naira (N100, 000,000,000) in the 2017 Budget as its contribution to the setting up of a social housing fund to boost housing delivery in the country, the Minister stated, the Buhari administration has made housing and urban development as key elements of our National Planning.
Acknowledging that funding has been the major challenge in realizing the goal of meeting the country’s housing deficit, the minister challenged the National Economic Summit Group to mobilize the private sector to complement Government efforts in investing in the housing sector, maintaining that housing is a good sector to invest in.
Speaking earlier, the leader of the Housing And Urban Development Working Team of the National Economic Summit Group, Architect Pemwalk Gomwalk told the minister that the Group has put together its input which will be presented to the minister in the coming days for inclusion into the National Integrated Housing plan of the Federal Government.
The group told the minister that it is working hard to mobilize the private sector to team up with Government to ensure that the objectives of the Integrated National Housing Plan are fully realized.