By HASSAN YELWA KAFAJE, Abuja
Among numerous achievements before his hundred days in office, the Yobe State Governor, His Excellency Mai Mala Buni, constructing 2,600 housing units spread across the state as part of his administration’s policy to provide qualitative and affordable housing to the people.
The houses, comprising of two and three-bedroom bungalows, will be built at the total cost of N10,830,339,654.00 (ten billion, eight hundred and thirty million, three hundred and thirty nine thousand, six hundred and fifty four naira) with an envisaged completion period of 18 months.
Towards this end, the Yobe State Government and Family Homes Funds Ltd, a housing finance company, have signed a Memorandum of Understanding (MoU) and agreement.
The agreement was signed Monday at the Yobe Governor’s Lodge, Asokoro, Abuja with the Solicitor-General ofYobe the State Ministry of Justice, Hajiya Hadiza Ibrahim Alkali signing on behalf of the State Government while the Managing Director of Family Homes Funds Ltd, Mr Femi Adewole signing for his organisation.
Speaking shortly after the agreement was signed, Governor Buni noted that the move reflected the policy of his administration to “provide quality and affordable housing to the people of our state”.
“In line with the United Nations Sustainable Development Goals (SDGs), we believe that affordable housing is a key marker of social progress. When people have comfortable accommodation, they are more likely to have the right frame of mind to engage in meaningful socio-economic activities”, he said.
The governor explained that the houses will be built in different parts of the state so that all parts of the state would benefit.
“Accordingly, we will build 500 units in Yobe Zone A with Gaidam and Buni-Yadi Towns having 250 units each. In Zone B, we will construct 300 units in Potiskum and 200 units in Damagum Town of Fune Local Government area. In Zone C, we will site the houses in Gashu’a Town with 250 units, Nguru with 200 units and Machina with 150 units.
“The State Capital, Damaturu will have 1000 units of the houses. Of this number, 500 will be cited along Potiskum road, 250 along Maiduguri road and the remaining 250 units along Gujba road”, he said.
Governor Buni also revealed that a ground-breaking foundation laying ceremony will be held in Damaturu on 5th September 2019 for the construction of the 2600 housing units.
Family Homes Funds Ltd Managing Director Femi Adewole explained that his company will provide financing and technical support to the Yobe State Government, with a repayment period for the financing loan at ten years, to ensure that the houses are delivered on time and to the right quality according to the agreement reached.
Follow the Neptune Prime channel on WhatsApp: https://whatsapp.com/channel/0029Va74ZvU2v1IqKByXoX3d
Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com