Breaking News

FG courts housing investors with provision of land

The Federal Government has reiterated its commitment to make lands available in any location of  the country for serious-minded investors willing to invest in the housing sector.

A statement from Mrs. Aso Uchenna, Press Secretary to the Minister of State for Works, Housing and Urban Development, Chief (Mrs.) Grace Ekpiwhre, said that the Minister stated this during a courtesy call by Block Balance South African Investment Company.

Represented by the Permanent Secretary, Federal Ministry of Works, Housing and Urban Development, Dr. Tukur Bello Ingawa, the Housing Minister of State said “the way we provide enabling environment is to ensure that investors are properly guided into investing in the housing sector of the economy.

The provision of land which according to sub section 16 Land Use Act of the country belongs to the community and which the Government intercedes on behalf of the community. So as a Government, we are willing to provide land in any location of the country to any investor who shows enough seriousness to invest in the country.”

Ekpiwhre assured  investors that relevant departments will work out details and see how to collaborate with them in the achievement of their mission which, according to her, tally with the Federal Government policy of provision of mass housing.

Chief Executive Officer (CEO) of Block Balance Africa Investment, Ms. Maki Mothiane, said the visit was meant to explore investment opportunity in the housing sector and requested for about 30 _ 50 hectres of land with all the necessary facilities which, according to her, will enable her firm to contribute to easing the problem of inadequate housing in Nigeria cities.

The delegation which was led by Chief Ben Obinali, immediate past Honourable Commissioner of Ministry of Commerce & Industry Imo State, include Chief Joe Nzepuome, an international consultant on tourism and immediate past MD Imo State Wonder Lake Resort 7 conference Centre.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.