2 out of 445 mass housing developers met FCTA conditions – Official

The Federal Capital Territory Administration (FCTA) has said only two out of the 445 mass housing allocations met its terms and conditions. Mr Lere Olayinka, Senior Special Assistant on Public Communications and Social Media to the FCT Minister, disclosed this at a news conference in Abuja on Friday. Olayinka said the mass housing programme was […]

The Federal Capital Territory Administration (FCTA) has said only two out of the 445 mass housing allocations met its terms and conditions.

Mr Lere Olayinka, Senior Special Assistant on Public Communications and Social Media to the FCT Minister, disclosed this at a news conference in Abuja on Friday.

Olayinka said the mass housing programme was initiated in 2000 as a public-private partnership (PPP) approach to providing affordable housing for FCT residents.

He, however, said from the inception of the programme till date, out of the 445 mass housing allocations granted, only two developers had successfully met the terms and conditions.

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Olayinka stated that a new operational framework for titling of mass housing and sectional interests had been developed to make the exercise efficient, effective and diligent.