Federal Housing Authority (FHA) has a completion date of December this year for 52 three-bedroom housing units being built through a private developer in Lugbe, Abuja.
This was disclosed during an inspection visit by a team of FHA officials, led by Executive Director (Projects), Dr Enato Osain, to the project site. The team leader expressed dissatisfaction with the slow pace of work at the site, noting that construction work has being going on at the site for about four years.
Osain averred that with the price of an average house in Abuja going for as high as N50 million, the N13.5 million for which the houses are being offered is “just a drop in the ocean”.
He said interested customer are expect to make 40 percent down payment and thereafter complete the payment in 30 percent and 40 percent mode, noting however that preference will be given to those who complete whole payment at once.