Ogun State Government to deliver 150 housing units

Ogun State Government to deliver 150 housing units

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Ogun State Government has approved the provision of 150 housing units in the second phase of the Prince Dapo Abiodun Residential Area at Kemta in Abeokuta.


The General Manager of Ogun State Housing Corporation, Wale Ojo said that the government has authorised the easy access to developable land to combat housing deficit in the state.


“If you are current with the policy of this present administration, you will know that housing is one of its key mandates. Government is addressing the issue of land acquisition, affordable home-ownership, housing development and easy access to residential mortgage, Ojo said according to Daily Trust.


“The National Housing Fund (NHF) is the policy of the Federal Government (FG) to provide residential mortgage to people at interest rate of six per cent.


“Because  individuals could not approach the Federal Mortgage Bank (FMB) to access the fund, the Prince Dapo Abiodun-led state administration had mandated Gateway Mortgage Bank (GMB) to facilitate funds for the state’s workforce.”

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