*Vice-President (Prof.) Yemi Osinbajo discloses the 10-year long plan will help to address the issue of inadequate housing, and improve the quality of life of low-income Nigerians

Isola Moses | 绿帽献妻

The Federal Government is in the final draft stages of a comprehensive 10-year National Housing Strategy that would cater for low-income earners across the West African country.

绿帽献妻 reports Vice-President (Prof.) Yemi Osinbajo, disclosed this development Friday, February 11, 2022, in Masaka, Nasarawa State, during the 聽commissioning of 248 housing units and commemoration of the 1,000th home built by the Millard Fuller Foundation (MFF).

Mr. Laolu Akande, Spokesman of Vice-President Osinbajo, in a statement issued Friday and titled, 鈥淰ibrant Housing Market Will Boost Nigeria鈥檚 Economy, People鈥檚 Livelihood 鈥� Osinbajo鈥�, said Osinbajo noted that the plan is in line with the Federal Government鈥檚 vision to build a country where low-income earners have the dignity of a decent home and livelihood.

The Vice-President stated the 10-year long plan would also help to address the issue of inadequate housing in the country.

By ensuring low-income earners have the dignity of a decent home and livelihood, the country鈥檚 economy will record growth through a vibrant housing market and also improve the quality of life of Nigerians, Osinbajo further said.

Describing the project commissioning as 鈥渁 watershed event in the important work of providing housing for Nigerians who need it most鈥�, the Vice-President stressed 鈥渨hile the challenge of inadequate or no-housing undermines the quality of life of many Nigerians on low income, it also denies our economy and, therefore, our collective welfare the growth that is possible through a vibrant housing market.鈥�

Osinbajo also stated: 鈥淭he most recent initiative regarding this is the N200 billion National Social Housing Programme under the N2.3 trillion Economic Sustainability Plan (ESP), which is aimed at delivering homes for Nigerians on a low income, as well as providing jobs for the local industry.鈥�

According to him, in order to ensure that these initiatives are sustained, the Federal Government is in the final draft stages of a comprehensive 10-year National Housing Strategy, and it is said to be the first of its kind with input from the private and public sector players in the country鈥檚 economy.