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Bayelsa woos Kenyan firm on housing devt

By Samuel Oyandongha
Yenagoa — Bayelsa State Commissioner for Housing and Urban Development, Chief Ayakeme Whisky, has appealed to Shelter Afrique, a multi-national housing finance institution based in Nairobi, Kenya, to partner with the state government to finance  the development of affordable housing units in the state.

Whisky, who made the appeal in Yenagoa when representatives of Shelter Afrique visited the state, said the government alone could hardly provide accommoda-tion for all.

According to him, this informed the state govern-ment’s adoption of a mortgage policy to facilitate home ownership by civil servants through the National Housing Scheme.

He noted that since inception, the present government has continued to create very congenial environment for estate developers, with a view to driving housing development to its full potentials, adding that “the processing of titles for developers is fully automated for easy assess.”

He said the state government has also resolved to build affordable low and medium houses for low income earners through Private Public Partnership (PPP) to meet the high demand for housing in the state.

The commissioner disclosed that the state government has invested in Trans-Atlantic Mortgages Limited, the state’s official mortgage consultants, as a way of encouragement housing development and is still looking forward to equipping other investors for housing delivery.

Earlier, the team leader and investment officer of Shelter Afrique in charge of Nigeria, Anna Muchungu, said they were in Bayelsa State to carry out due diligence on Trans Atlantic Garden Housing Project which they proposed to finance.

She said that Shelter Afrique was willing to finance more housing units in Bayelsa State under the government’s Public Private Partnership initiative.

She promised to present the commissioner’s request for financing of more affordable housing units in Bayelsa State to the senior management of Shelter Afrique for consideration.

In his speech, the Managing Director/Chief Executive Officer of Trans-Atlantic Mortgages Limited, Mr Preye Ogriki, thanked Governor Timipre Sylva and the commissioner for Housing and Urban Development, Chief Ayakeme Whisky, for the assistance and encouragement given to company, especially on matters relating to government housing programmes.


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