In December 2014, the Federal Government of Nigeria and Signature Value Homes Ltd. (SVHL) signed a MOU to develop 1,672 affordable housing units in the Federal Capital Territory (FCT) in Nigeria.
The Minister of Lands, Housing and Urban Development, Mrs. Akon Eyakenyi, signed on behalf of the Federal Government, while Mr. Anand Ramani, Managing Partner, signed for Signature Value Homes Ltd.
The development of the houses will be on approx. 20 hectares of land situated at Gwagwalada and will comprise of 1, 2 and 3 bedroom apartments. The first phase of 300 to 400 houses is scheduled to be completed over a period of 6 to 9 months from obtaining necessary approvals.