Obiano
offers land for World Bank-assisted 500 housing units project
Anambra State governor, Willie Obiano, has
concluded plans to provide land for the take-off of the World Bank - Federal
Government proposed 500 units of housing project being select states of the
federation DigitalSENSE Business
News reports.
Governor Obiano pledged to offer service
land with title in a matter of weeks to facilitate the immediate take-off of
the project in Anambra State during a visit to the Minister of Land, Housing
and Urban Development, Mrs Akon Etim Eyakenyi, recently.
Speaking to newsmen during his visit, the
governor emphasized that housing was vital to the major policy thrusts of his
administration stressing that he was determined to pursue a vigorous housing
policy that would change the landscape of the three most developed cities in
the state, Onitsha, Awka and Nnewi.
Obiano noted that his administration had
set up a strategic plan that would transform Awka, the state capital, into one
of the organised cities in the federation.
“I have inaugurated a special Awka Capital
Territory Development Board with a clear mandate to give Ndi Anambra an
ultra-modern city with all the functional and aesthetic balance that any city
in the 21st century should have. We are determined to achieve that,” he said.
DigitalSENSE Business News
recalls that Anambra State was selected as one of the pilot states to benefit
from a special World Bank-funded urban housing scheme, in partnership with the
Federal Ministry of Lands, Housing and Urban Development, the Central Bank of
Nigeria, the Ministry of Finance and the Nigeria Mortgage Refinance Company.
The scheme our reporters gathered, involves
the construction of 10,000 housing units across the country to be funded by the
World Bank through the Nigeria Mortgage Refinance Company to the tune of $300
million with a retention rate of 40 years. Each of the pilot states will have a
maximum of 500 units of housing and each house will carry a 20-year mortgage
facility.
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