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over 1,400 FG’s low-cost homes remain unsold in five states

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over 1,400 FG’s low-cost homes remain unsold in five states

A new report released by a civic organisation- Paradigm Leadership Support Initiative (PLSI) has revealed that about 1,432 low-income homes across five states have remained unoccupied despite being completed.

This group also raised concern that despite N65 billion released to Family Homes Funds Limited (FHFL) between 2018 and 2020 to facilitate the development of affordable/social homes, most of them are yet to be subscribed by low-income earners.

The PLSI Executive Director, Olusegun Elemo, disclosed this while analysising the performance audit report on the management of resources for provision of affordable/social homes for low-income earners in Nigeria by Family Homes Funds Limited (2018-2020) in Delta, Kano, Ogun, Kaduna and Nasarawa States.

Elemo told newsmen in Abuja that the Federal Government in its bid to fulfill section 16 (2)(d) of the 1999 constitution as amended, stipulated that the government shall provide suitable and adequate shelter for all citizens, as well as the need to accelerate economic recovery through implementation of Economic Recovery and Growth Plan (ERGP) 2017 – 2020 initiated by the Family Homes Funds Limited (FHFL) in 2016 as a special purpose vehicle to help address the housing shortage by delivering affordable homes nationwide.

This was followed with implementation of Nigeria Economic Sustainability Plan (NESP) 2020, which planned to provide 300,000 social homes yearly for low-income earners to address the over 22 million housing deficits with a yearly growth rate of 20per cent, according to Shelter Afrique, a Pan-African Real Estate Finance Institution.

He stated that a report by Price Waterhouse Coopers (PwC) had indicated a deficit of over 17 million houses in Nigeria, and this requires about 700,000 new houses to be built yearly, compared to the less than 100,000 houses that are being constructed.

Similarly, the World Bank 2018 Report on Nigeria’s Affordable Housing Project revealed that the demand for affordable housing is huge and growing in the face of a sizable deficit and dearth of existing interventions that supports closing this gap.

The report further stated that macroeconomic conditions in Nigeria are the greatest impediments to affordable housing.

A seed capital of N500 billion was promised by the Federal Government for the provision of affordable/social homes for low-income earners, the government released N65 billion to FHFL between 2018 and 2020.

According to Elemo, despite the release of funds to FHFL to facilitate development of affordable/social homes, there are still visible challenges impeding acquisition of completed homes by low-income earners.

He said: “We have analysed the performance audit report on management of resources for the provision of affordable/social homes for low-income earners in Nigeria conducted by the Auditor-General for the Federation and highlighted challenges impeding acquisition of 1,432 homes built in five states.

“These challenges include the absence of need assessment by the FHFL, constraint with accessing completed homes due to lack of infrastructure and insufficient awareness creation for homes built among others.”

“PLSI will support the FHFL in mobilising buyers/off-takers within the target group of low-income earners to boost acquisition of homes built in Delta, Kano, Ogun, Kaduna and Nasarawa States.”

He called on the management of FHFL to improve on its efficiency and effectiveness in providing affordable/social homes to Nigerians.

Elemo urged FHFL to implement the recommendations offered by the Auditor-General for the Federation to address challenges hindering acquisition of homes built by low-income earners.

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Agriculture

Borno establishes Ministry of Livestock, Fishery Development

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Gov Zulum Initiates Efforts to Revive Transborder Trade with Chad

The Borno Government has announced the creation of Ministry of Livestock and Fishery Development to align its

Development strategy with Federal Government initiatives, and boost the state’s economic potential.

Gov. Babagana Zulum made the announcement on Tuesday during the swearing in of two commissioners at the council chambers of the Government House.

Zulum underscored the importance of livestock and fisheries as vital sectors with untapped revenue potential.

He emphasised that the new ministry would focus on high-yield livestock breeds, milk production and fisheries, targeting both domestic consumption and export opportunities.

The governor said that “no state government can make substantial money in livestock alone, but we believe with the right investment and political will, the sector can generate significant revenue.”

He said that the growing demand for milk by yogurt companies and the proximity of Maiduguri to Asian and Arab markets, are great opportunities for dairy exportation.

The governor, therefore, assigned the Deputy Governor, Dr Umar Kadafur, to oversee the activities of the new ministry, citing his practical experience and passion for livestock development.

He said “livestock development is not just about academic qualifications, it is about practice and the deputy governor has demonstrated capability in that regard.”

According to him, the ministry will prioritise procuring high-yielding livestock varieties, enhancing milk production and creating sustainable rural projects to support

Local communities.

He said that projects in Mafa, Gajiram and in Southern Borno will soon be launched under the new ministry’s purview.

The governor urged civil servants and ministry personnel to take ownership of the new initiative, adding that the ministry’s success would contribute to the states

Long-term economic stability and self-reliance.

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British High Commissioner seeks military, civilian efforts in tackling insecurity

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The British High Commissioner to Nigeria, Mr Richard Montgomery, has called for the combination of military and civilian efforts in tackling the complexity of security challenges in Nigeria and globally.

Montgomery made the call at a two-day Security and Justice Symposium organised by the Office of the National Security Adviser (ONSA) in Collaboration with the British High Commission, on Tuesday in Abuja.

He commended the efforts of the Nigerian military in promoting civil-military collaboration and adoption of kinetic and non-kinetic action in addressing the menace of terrorism and insurgency in the country.

“At the heart of all this is recognition of the importance of upholding the rule of law, human rights, humanitarian law and international humanitarian law.

“We need to consider the different legal principles and frameworks that apply to criminal violence or to violent conflicts and how we deal with them in protracted conflict zones.

“We had a legal frameworks roundtable with the Nigerian military officers earlier this year, and a really good debate about how we adapt to different situations.

“I am hoping today we will help progress that dialogue on which Nigerian legal frameworks are appropriate in which circumstances,’’ he said.

Montgomery highlighted the positive and open relationship between the UK and Nigeria, noting that both countries were learning from each other’s experiences in tackling security challenges.

He expressed his appreciation for the opportunity to continue this productive dialogue and hoped that the symposium would result in actionable insights and further strengthen the partnership.

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Zulum swears in 2 new commissioners

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Gov. Babagana Zulum of Borno on Tuesday presided over the swearing-in of two new commissioners to replace those who died while in active service.

The State Chief Judge, Justice Kashim Zannah, administered the oath of office at the ceremony held at the Government House in Maiduguri.

The new commissioners are Muhammad Lawan-Dalorima for the Ministry of Finance and Isa Haladu for the Ministry of Reconstruction, Resettlement and Rehabilitation (RRR).

In his speech, Zulum expressed gratitude to the Borno House of Assembly for their prompt scrutiny and confirmation of the nominees.

He urged the commissioners to uphold the principles of integrity, transparency, and accountability in their new roles, while emphasising the administration’s strategy of periodically rotating commissioners to different ministries to promote fresh ideas and effective governance.

“You have been chosen for your exceptional qualities and expertise. I have no doubt you will make valuable contributions to our administration,” he said.

The governor also paid tribute to the late commissioners who previously held the portfolios, reflecting on their contributions to the development of the state.

Responding on behalf of the commissioners, Haladu thanked the governor for finding them worthy of the appointment, and promised him of diligent service delivery.

 

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