Nasarawa State Government has signed a tripartite agreement with Federal Mortgage Bank of Nigeria (FMBN) and the Family Homes Fund (FHF) to build 2,000 houses for low and medium-income workers in the state.
The tripartite agreement, which was signed recently at a ceremony in the Government House, Lafia, would provide associated financing requirements that would enable workers to purchase the houses on completion.
Speaking shortly after the ceremony, the Nasarawa State Governor, Abdullahi Sule, said that the agreement is in line with his administration’s policy thrust as enshrined in the Nasarawa Economic Development Strategy (NEDS), which has housing as its key area of interest.
The signing of the agreement, according to Sule, would create wealth, employment opportunities, boost economic activities in the state and provide houses for the less privileged workers who are earning less than N100, 000 monthly.
He appreciated the FMBN for partnering with the FHF and thanked President Muhammadu Buhari for initiating the idea, which is aimed at ensuring that the less privileged members of the society acquired homes towards addressing challenges of housing deficits in the country.