Senate to pass bill on social housing
According to him, the process would be achieved through the construction of highly subsidized mass houses. He made this disclosure recentlyat the 57th Annual General Meeting of the Federation of Construction Industry(FOCI) held in Abuja. He said the fund to subsidise the houses would be sourced from “dead money” that would be generated from certain […]
According to him, the process would be achieved through the construction of highly subsidized mass houses. He made this disclosure recentlyat the 57th Annual General Meeting of the Federation of Construction Industry(FOCI) held in Abuja.
He said the fund to subsidise the houses would be sourced from “dead money” that would be generated from certain areas with untapped finances.
Ashafa added that the Senate president, David Mark, had taken it as a bill that must be passed.
“As a matter of fact, yesterday we were likely to consider part of the bill at the second reading and pass it to ensure that the President sees it, assents to it so that it becomes a law that can be implemented before 2014,
“The President is on the same template with us,” he stated.
“When we put a policy in place that says we will have one million housing units a year, that means we will construct 3.6 million houses” “If you construct 100,000 housing units a year in the 36 states, excluding Abuja, that will give you 3.6 million housing units.
“3.6 million jobs would be created through the architects, surveyors, building engineers, masons and other artisans that would be engaged within the period. “And that is the only way unemployment can be tackled,” Ashafa submitted,” he said. He commended the Federal Government on efforts to partner the private sector to bridge the housing deficit.
The Philippine Ambassador to Nigeria, Alex Lamadrid, pledged his country’s readiness to support the Federal Government’s public-private partnership on the housing scheme.
In his speech, President of the Federation of Construction Industry, Mr Solomon Okebusola, assured that the economic benefit of the exhibition would soon be felt by participants around the world.