– Governor Fintiri has signed a MoU with a government agency to build 2000 housing units in the state
– The governor had said the new housing units would be constructed for the civil servants in the state to fulfil his electioneering campaign
– Femi Adewole, the managing director of the agency, said the company would provide the houses within 18 months time-frame
Governor Ahmadu Umaru Fintiri of Adamawa state on Thursday, August 22, signed a memorandum of understanding with the federal government financing agency, Family Homes fund, for the construction of 2000 housing units for citizens across the state.
Legit.ng‘s regional reporter in Adamawa, Ibrahim Abdul’Aziz, reports that the governor said the exercise has demonstrated another milestone of his 11 point agenda for the construction of the 2000 houses which he promised the civil servants of the state during electioneering campaigns.
He said the agreement with the agency would provide 2000 houses for private and public servants both at the state and federal government levels who are residents in Adamawa
“This agreement with the Family Homes fund will provide 2000 houses for private and public servants both at the state and federal government levels who are residents in Adamawa.
“We do hope and pray that the work will be completed within the time-frame stipulated in the contractual agreement for the benefits of civil servants in the state,” he said.
In his remark, the managing director of the agency, Femi Adewole, said the company would provide the houses within 18 months time-frame.
He said: “The intervention would provide financing in excess for six billion naira (N6 billion) of the 2,000 houses out of which 1,200 will be sited in the state capital while the remaining 800 will be spread across the twenty one local government areas.”
Adewole said the prices for the houses such as one bedroom flat would gulp N2.5 million, two bedroom flat for N3,000,000 while three bedroom flat would cost N4.5 million naira.
He added that the company would support the state government in providing the home loan assistance so that the government could get the loan term financing in form of payment of forty percent contribution of the cost of acquisition under significantly concessionary term.
He revealed that the investment would create jobs through an apprenticeship programme for young people in the state in which not less than fifty thousand youths in the state would have opportunity to receive training and skill development in the construction trend.
Adewole added that the firm would support the state government on a home owner educational programme to ensure that the potential beneficiaries are able to manage the houses for sustainability in the long term.
Meanwhile, Legit.ng had previously reported that some secondary schools in Adamawa rejected Fintiri’s new free education policy in the state.
It was reported that the policy which would commence from September 2019, was aimed at improving performance of students whose parents are financially challenged.
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