The Federal Government 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.
This is contained in a statement by Malam Garba Shehu, the Senior Special Assistant on Media and Publicity to President Muhammadu Buhari, in Abuja on Monday.
NAN reported that Shehu said the scheme operated through the mortgage banking system was part of the programmes meant to uplift the quality of lives of the citizens.
“There are also programmes for affordable housing with mortgages which will transform thousands from tenant status to homeownership.”
He said that the Buhari-led administration had so far released N74 billion as part of capital allocations in the last three months.
According to him, more of the capital allocations will soon be released to revitalise the economy.
