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Senior Staff association declares support for FHA commercialisation

By Favour Nnabugwu

Abuja—The Senior Staff Association of Communications, Transport and Corporations, SSACTAC, has made case for total commercialisation of the Federal Housing Authority, FHA, to enable it deliver on its mandate in the housing sector.

It also called on the Federal Government to recapitalise the agency for it to have a solid base on which to effectively sustain itself and deliver on housing in the country.
SSACTAC President, Muhammad Yinusa, who spoke in an interview with Vanguard after the associations’ national executive council meeting Abuja, urged the government to free its hands from the operations of the agency to allow it function as a private enterprise.

Yinusa lamented that FHA had failed to deliver on its core mandate of providing housing for low income earners in the country because of inadequate funding and unnecessary interference by successive governments in the country.
According to him, the agency will be able to provide houses for low income earners if it is recapitalised.

Yinusa said: “The bane of the FHA has been government interference and lack of adequate funding. For instance, from the inception of the agency till date, the funding has been so poor, such that it has stagnated most of its housing projects across the country. While we support the ongoing process of a full commercilisation, we also urged the federal government to provide it with the needed funds to carry out its programmes in the housing sector.
“When you are liquidating a government own company, efforts must be made to look at the plights of workers. As I speak, staff salaries for about four months have not been paid.”


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