14 February 2013

Nigeria: Abuja Developers Pledge Affordable Housing for Low Income Earners

A group of land developers under the auspices of 'Affordable Housing Developers Association of Nigeria', have promised to embark on a massive housing project for low income earners in Nigeria.

The group made the promise at its 2013 strategic meeting held at Kado, Abuja.

The major highlights of the project, according to the group, include sourcing for building materials locally in order to empower the local markets and create jobs within the building materials market.

Acting President of the association, Prince Adedoyin Ajibola, said the developers have gone a long way in the project financing options.

"As we are talking to you, we have some financial organizations waiting for us and ready to finance the project All we want is for government to collaborate with us in the area of land accessibility," he said.

He said the group has executed same type of projects in some areas in the FCT.

"We have done something like that in Gidan Mangoro, and a few other places. We have our designs and our policy of sourcing for materials, which are basically to cut cost so that our target clients would be better for it," he added.

He said they had contacted other stakeholders and made their presentations and other relevant discussion.

"We have presented our proposal to the Ministry of Housing and Urban Development as well as other stakeholders and we are awaiting their responses," he said.

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