Nigeria Begins Construction on Mbora Housing Scheme
The 7,000-unit project will be completed in phases.
Nigeria's Federal Housing Authority (FHA) held a groundbreaking ceremony on 8 August for the Golden Jubilee Estate housing project in Abuja.
The project will see 7,000 housing units delivered in phases through a public-private partnership with the local Nuga Best International and Regis Integrated Services.
“Today, we embark on the construction of the initial 1,200 units to be realised through a public-private partnership delivery model with Nuga Best International and Regis Integrated Services Limited,” said Gbenga Ashafa, managing director and CEO of the FHA, at the groundbreaking ceremony.
He added that the project was expected to be completed within 30 months, with the first phase to be delivered in 12 months. The units will be available for purchase through mortgages.
The project is spread across 200 hectares in the Mbora district. The housing offered includes three-bedroom flats and detached and semi-detached four-bedroom homes. Community facilities will include shopping malls, banks, hospitals, schools, recreation centres and a substation.
Nigeria has a housing shortage of 28 million units, according to the Centre for Affordable Housing Finance in Africa.
Photo: City in Nigeria (© Matthew Omojola | Dreamstime.com)
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