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NGSG TO BUILD HOUSING ESTATE FOR LOW INCOME EARNERS AT N167  BILLION

Suleiman by Suleiman
December 5, 2023
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NGSG TO BUILD HOUSING ESTATE FOR LOW INCOME EARNERS AT N167  BILLION
BY UTHMAN BABA- SIRAJDEEN
The Niger State government to build ten thousand Housing unit at a whopping cost of N167 billion for low income earners acoss the twenty-five local government areas of the state in line with the vision of the present administration
The construction firm Tis-Buk Reality limited is in partnership with the State Housing Corporation and they are to build the Housing Estate to mitigate climate change and environmental friendly housing.
The Director General Niger state Housing  Corporation Mr. Bashir Yakubu Harka  made this disclosure during a physical inspection and working visit to the ongoing construction of green Raba Housing Estate in Kpakugu area in Chanchaga Local Government.
He said the projects is aimed at providing affordable housing to the people of the state Particularly the civil servants and members of the Public stressing that the housing Corporation is ready to collaborate with the developer through the provision  of the needed lands at different local government areas of Niger State.
According to him, the housing estate is designed to provide 120 affordable homes consisting  of 2- bedrooms 3- bedrooms bungalows and 4 bedrooms terrace triplexes with boys quarter whose location is off the Minna-Bida road, Kpakugu, in Chanchaga Local Government area of Niger State.
He maintained the project is planned for 10,000 housing units for Niger adding that the associated infrastructure and amenities include paved internal roads and electricity (Solar and public power), water,sewage treatment, landscaping, gatehouse and perimeter fence,CCTV,play areas and worship centers
Also speaking the Managing Director and Chief Executive Officer Engr. Kayode Adeleke  explained that the Housing Estate will be built through private public partnership (PPP) in partnership with the Niger State government and in conjunction with the state Housing Corporation as land provider while Tis-Buk Reality limited  will develop.
He said he the company took interest to embark on the project in Minna the state capital as a result of its historic and strategic location to Nigeria and the visions of governor Mohammed Umar Bago
He told Journalists that the 10,000 housing estate will include 2500 units of , one bedroom terrace bungalows,3000 units of 2- bedrooms semi-detached bungalows and 4500 units of 3- bedrooms semi-detached bungalows residential housing units and terrace duplexes for sale to members of cooperative groups and the general public.
The planned development, he disclosed would have a duration of 84 months with a project development cost of  N167 billion
” This  housing projects will provide employment for the youths both skilled and unskilled,  enhance internally generated revenue (IGR), of the state and also enhance the Green economy vision of the administration in Niger State.
In his remarks, the managing director and chief executive officer of Refuge Mortgage Bank stated that they are in partnership with Tis-Buk Reality limited are also strategic financial partners to actualize this objective  because the bank is positioned through its various housing products and services to  provide opportunities for all subscribers.
” The bank has also decided to bring its presence to the state capital. The collaboration between the stakeholders is the best foot forward” he noted.

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NGSG TO BUILD HOUSING ESTATE FOR LOW INCOME EARNERS AT N167  BILLION

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