Tinubu housing programme draws 100,000 applications in Nigeria
By the AFREEQUE newsroom, based on Daily Post
The Renewed Hope Cities housing programme, launched by President Bola Ahmed Tinubu, has received more than 100,000 expressions of interest in Nigeria. More than 2,000 people have already obtained a mortgage and a further 10,000 applications are being processed, while the government is targeting at least 5,000 loans a year, reports the Daily Post.
The Renewed Hope Cities housing programme, backed by Nigerian President Bola Ahmed Tinubu, has recorded more than 100,000 expressions of interest from the public, private and informal sectors, particularly traders and small business owners in Abuja, Kano and Lagos, reports the Daily Post.
The project is based on a partnership between the Federal Ministry of Housing and Urban Development and a consortium of developers comprising Continental Civil and General Construction, Ceezali Limited and Citec International Limited. In Karsana, in the capital Abuja, 2,400 homes are being built as part of the flagship project.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
