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  • Judith Nwokoro posted an update 1 year, 5 months ago

    The World Bank 2018 Report on Nigeria’s Affordable Housing Project revealed that the demand for affordable housing in Nigeria is huge and growing in the face of a sizable deficit and dearth of existing interventions that supports closing this gap. The FGN in trying to fulfill its duties has initiated various housing programmes in the past but most have failed. Most of the homes under previous housing initiatives either did not get to the targeted group or un-affordable for the targeted group. The Federal Government established the FHFL in 2016. Between the years 2018-2020, N65bn, which represent 13% of the N500bn only seed capital promised by FG for provision of affordable/social homes for the low incomes earners was released to the company.

    Check out our Analysis of Performance Audit Report on Provision of Affordable Social Homes in Nigeria>>>https://plsinitiative.org/documents/analysis-of-performance-audit-report-on-provision-of-affordable-social-homes-in-nigeria-2018-2020/