Tuesday, 6 September 2016

How I Would Turn Tenants To Home Owners In No Distant Time – Buhari


President Muhammadu Buhari through his Senior special assistant on media and publicity, Garba Shehu has said that its affordable housing schemes will soon transform thousands of Nigerians from being tenants to proud owners of houses and plots of land.

Garba Shehu in a statement on Monday in Abuja, said that the scheme operated through the mortgage banking system, was part of the programmes meant to uplift the quality of lives of the citizens.
He said: “There are also programmes for affordable housing with mortgages which will transform thousands from tenant status to homeownership. Most of our road contractors had not been paid since 2012, many of them had sent their workers away adding to the unemployment problem.
“This government has released capital allocations in the last three months, that is more than the whole of 2015. In 2015, Nigeria spent a paltry N19 billion on roads, in three months we have spent N74 billion and we are already releasing more.”
Shehu added that the government had expended N26 billion in the transport sector, revealing that the government would start a concession that would revive the nation’s rail system for freight.

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