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Published On: Thu, Oct 25th, 2018

Gov’t to partner Shemomal on affordable housing

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The FCTA has indicated keen interest to partner a private estate developer, Shemomel Nigeria Ltd on provision of affordable houses for its teeming staff.
Making this known, Head of Administration and Finance, FCT Water Board, Mrs. Joy Okoro, said the initiative would help mitigate lingering housing challenges facing FCTA staff, in nation’s capital city.
She spoke during interactive session on the housing scheme with the staff and developer at the FCDA Conference Hall, Garki, Abuja.
She expressed confidence in the capacity of the private developer to deliver quality and affordable houses to the staff, advising them to key into the scheme so that they would not retire without a roof over their heads.
She revealed that the organization was ready to assist staff to facilitate processing of their loans from the Federal Government Staff Housing Loans Board and the Federal Mortgage Bank as the case may be.
“Some staff work so hard and after retirement, they find it very difficult to access their housing contributions, but with this one, I am sure all the hassles will be reduced.
“The Permanent Secretary and the Director of Human Resource Management are fully aware of this initiative and are supportive of it,” she stressed.
Also speaking, Business Development Consultant of the company, Ambassador Bukar Al-Amin opined that the organisation has more than 81 hectares in Kubwa and 45 in Life Camp.
He disclosed that company has capacity to build over 20,000 houses of different types for staff and others.
According to him, staff would require to pay 10 percent equity contribution on any of the house type chosen, which are studio apartment, 1, 2 and 3-bedroom flats, from N3.5 to 10.5 million.
Many staff at the session expressed concerns over failure of previous staff housing schemes who made similar sweet promises but collected monies and disappeared.
Their fears were however allayed by the consultant who invited them to visit their sites and offices to see things for themselves.

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