Construction professionals benefitted from Buhari�s govt � Fashola

Building professionals, including surveyors, architects, and construction companies have benefitted financially from the housing programmes implemented by the current government, the Minister of Works and Housing, Babatunde Fashola, has claimed.

Speaking at the inauguration of the FMBN – I – CONNECT Housing Estate under the Cooperative Housing Development Loan Window of the Federal Mortgage Bank of Nigeria in Enugu State recently,� Fashola said numerous projects constructed across the country had helped several businesses stay above turbulent economic times.

�Surveyors, architects, construction companies, their employees, artisans, suppliers, transporters and many more involved in the construction section of the economy have benefitted directly and indirectly.

�Indisputably, whether President Buhari meets these people or not, and it is not likely he can meet all of them. His policies, programmes and projects have met them at their point of need.

�In all, well over a thousand individuals and seventy different small businesses were involved here,� he stated.

The minister, who inaugurated 404 housing units, said the project was part of the multipronged response of the government to the challenges of multidimensional poverty, adding that the houses were proof that the determination to lift people out of poverty was real.

Meanwhile, the Managing Director/Chief Executive of FMBN, Madu Hamman, revealed the bank had spent N7.7bn to deliver 1,571 housing units in 11 other housing projects located across Katsina State

According to a statement by the Group Head, Corporate Communications, Timan Elayo, the project consists of 80 semi-detached bungalows, comprising 2- and 3-bedrooms, and was financed by the bank under the Ministerial Pilot Housing Scheme in collaboration with the Federal Ministry of Works & Housing.

This includes 69 housing units in Funtua for the Medical and Health Workers Union of Nigeria and 54 housing units each in Mulunfashi and Kankia for the same union.

The Managing Director of FMBN, who was represented by the Executive Director of Loans and Mortgage Services, Lukman Mustapha, said, �11 other housing projects located across the state have also been financed and successfully delivered by FMBN under our various loan windows in addition to the four projects we are inaugurating today, with the bank committing more than N7.7bn to deliver 1,571 housing units.

�The concentration of FMBN-sponsored housing projects in Katsina State is a testimony to the special position the state occupies in the NHF scheme due to its consistency and unqualified support for the scheme. I have no doubt that the mutually beneficial relationship between the state and the bank will continue to be maintained.�