In the spectrum of human needs, housing comes after air and food. For dignity in life, having a home becomes a priority in the hierarchy of necessities.
To this end, governments around the world are making meeting the housing needs of citizens a key part of their agenda.
The current administration of President Muhammadu Buhari has therefore taken some steps to address the housing needs of Nigerians by initiating the National Housing Program (NHP).
The government, through the Ministry of Works and Housing, has initiated a partnership with state governments and other stakeholders to develop and provide affordable housing to Nigerians across the country.
Although the goal of ensuring that every Nigerian is properly housed has not been fully achieved, the government’s efforts have however started to show results based on the available indices.
Housing Sector Report
A recent report on Nigeria’s housing sector released by the Bank of Industry (BOI) estimated Nigeria’s housing deficit at 28 million, a figure that requires 21 trillion naira to address.
According to the report, N470 billion was, however, what the federal government budgeted for housing in the 2022 annual budget.
Experts therefore suggest that Nigeria should deliver one million housing units every year to close the gap.
Declaring the event open, Vice President Professor Yemi Osinbajo pledged that the federal government would accelerate its housing programs by pledging to deliver more than 50,000 homes by 2023.
Osinbajo said so at this year’s Africa International Housing Fair on the theme: “Housing for all; The Role of Governments in Creating an Effective Enabling Environment”.
Part of the effort to achieve this goal was seen in Kano in June when the government officially handed over the keys to four beneficiaries who paid for houses built under the first phase of the National Housing Program (NHP) in the ‘State.
We made it flexible – Fashola
The Minister of Public Works and Housing, Mr. Babatunde Fashola was represented by the permanent secretary of the ministry, Mr. Bashir Alkali.
He said: “While we welcome those who can afford to pay direct, it is not a requirement of eligibility.
“We have offered flexible payment options such as mortgages and rent-to-own which we encourage applicants to pursue.
“Some of the qualifying requirements to gain access include a current passport photo in JPEG or PNG format, the most recent copy of your current tax receipt/payslip in PDF format, means of identification (national ID , driver’s license, international passport) in digital JPEG format, letter of recommendation of any primary mortgage (for mortgage underwriters) and proof of 10% down payment deposit (for mortgage underwriters only),” he said. he declares.
“Today’s recipients are therefore among the first group of Nigerians other than the 1994 Super Eagles who received the keys to their homes promised by the Federal Government over 28 years ago.”
Also speaking, Alkali, represented by the Director of Public Construction and Housing Development, Mr Solomon Labafilo, said the philosophy behind NHP was the provision of an affordable, accessible and acceptable pilot project in accordance with the policy housing national.
“The approach to the design and use of materials takes into account the cultural and climatic particularities of the regions, while also responding to the principles of the Energy Code and the energy efficiency of buildings (BEEC) defended by the ministry,” he said.
According to Labafilo, the government has delivered homes in 35 states in the federation and FCT.
According to him, the breakdown is as follows: Phase 1 = 2,728 Units, Phase 2 = 2,254 Units and Phase 3 = 964 Units, totaling 5,946 Units.
He noted that another set of 2,665 housing units was available for public subscription through a web address he gave as https//nhp.worksandhousing.gov.ng.
For its part, the Federal Mortgage Bank of Nigeria (FMBN) said it has launched a rent-to-own housing scheme to enable all who contribute to the National Housing Fund (NHF) to be able to own their own homes.
According to Mr. Lawal K-Sauri, Managing Director, Corporate Communications, FMBN, Rent-to-Own housing product is an innovative affordable housing product that offers a simple and convenient payment plan towards home ownership. for Nigerian workers only.
“FMBN developed the rent-to-own housing product as a strategic response to the inability of low-income contributors to the National Housing Fund (NHF) program to meet the equity down payment requirement to access to the NHF mortgage loan.
“To improve affordability, the rent-to-own product eliminates the need for a down payment. The FMBN Lease-to-own product enables Nigerians to move into FMBN-financed homes located across the country as tenants.
“They pay for and own the property through monthly or annual rental payments over periods of up to 30 years at the market’s best single-digit interest rate of 7% on the price of the property based on an annuity,” he said.
K-Sauri also said that FMBN currently has over 3,190 homes available for sale on a rent-to-own basis in multiple locations across the country.
Some of these houses, he said, are located in FMBN-funded estates in FCT Nasarawa Akwa Ibom, Ondo Enugu, Kogi, Adamawa, Sokoto, Borno, Jigawa, Abia, Katsina, Ogun, Kwara states. , Kano, Taraba, Niger and Kaduna. .
“You can visit them to confirm and also see the beneficiaries. We are currently building megacities in collaboration with developers like Brain and Hammers.
“About 1,200 housing units are nearing completion, financed by Jibi bank behind the police housing estate in Kubwa,” he said.
One of the beneficiaries of the housing interventions, Mr. Farouk Adamu, who is a retired civil servant, said that the move has made it easier for the workers to own the houses.
“Anyone who says they used influence to get the house, I’ll tell them that’s not true. We applied via the portal opened by the ministry. We were lucky to be selected.
“This is what Nigerians are waiting to see, especially less privileged citizens to get things without pushing for them or having to know one big man or the other,” he said.
Another beneficiary, the director of Spray well & Finch Solutions Ltd, Mr Henry Obi, also said he got his allowance without having to lobby a government official.
Although the intervention of the federal government has not provided housing to all Nigerians in need, stakeholders say that with the obvious increased commitment from the government, things will only get better for Nigeria. .