31

May

N200 Billion Social Housing Facility Ready For Disbursement At A Rate Of 5% Per Year – FG

The Presidency has declared that the N200 billion facility set aside for the Federal Government Social Housing Scheme is available for disbursement, allowing the project to get underway. This follows the signing of an agreement with the Central Bank of Nigeria (CBN) and a guarantee from the Federal Ministry of Finance for the project, which is intended to produce 1.8 million employment and provide housing to 1.5 million Nigerian families at a rate of 5% each year. The information was revealed in a statement released by Laolu Akande, the Senior Special Assistant to the Vice President on Media and Publicity, […]