Video: Nigerians can now own houses with N30,000 - Yemi Osinbajo | Welcome to Linda Ikeji's Blog

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Tuesday, 30 May 2017

Video: Nigerians can now own houses with N30,000 - Yemi Osinbajo

Acting president, Yemi Osibanjo has revealed that under the N100 billion social housing scheme of the present administration anyone who can afford N30,000 will be able to own a house.

This he made known while speaking at the Banquet Hall of the Presidential Villa in Abuja on Monday May 29th at an event tagged "A Smile for Every Nigerian" organised to commemorate the administration's second anniversary.

He said; "This is 100bn set aside for the Family Home Fund our Social Housing Project. The 100b is a yearly contribution to  our N1trn Social Housing Fund, the largest in the history of the country. The World Bank and the African Development Bank are contributors to the Fund. From this Fund, developers will borrow 80% of the cost of project and counter fund with their own 20%.

Speaking further he said; "The same fund will enable us to provide inexpensive mortgages for hundreds of thousands across the country who want to own homes. Anyone who can afford N30,000 will be able to buy a home under our new social housing fund scheme. Already, the project has started in 11 states. We expect that this family housing fund will jump start and expand construction exponentially across the country."

Watch the video after the cut...

51 comments:

Faith Akpomedaye said...

I'm definitely buying

Omigie Samuel Abiodun said...

This is a good development. Cant wait for it to start manifesting. But my fear is if the houses wont be bought by the rich and later be sold to the poor at high cost like they did in Lagos

Anonymous said...

Another fictitious promise by the APC led FG.

Olusweets said...

Nice one AP, we hope to see more of this new development.With people like this with the love of the country in their hearts​, Nigeria will be great again.God bless Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ

Anonymous said...

Nice one! Well done #SaiBaba

GALORE said...

Na 30k per month oo

Nice idea




@Galore

Anonymous said...

Linda, your post is misleading.The acting president said 'Anyone who can afford 30,000 A MONTH.....' Removing a month from his statement gives it different interpretation. Please listen to the video very well and correct your post before you mislead millions of people

RareSpecie Z said...

Dope!!

Vivian Reginalds said...

inukwa this kain claim
-D great anonymous now as Vivian Reginalds

ed DREAMZ said...

a.k.a EDWIN CHINEDU AZUBUKO said...
.
When the lie is hotter than fire... Even you, pastor, you lying like this.....
.
.
***CURRENTLY IN JUPITER***

Anonymous said...

We all know how d drama will unfold,the notherners takes all and still remain d porest.

dj banti said...

Make dis man go slip

OSINANL said...

STORY STORY!

CHERYL (aka FROM GLORY to GLORY) said...

The same politicians will buy 1000 houses each for themselves and their entire generation including those yet unborn to to make sure it doesn't reach the common man. I've lost faith in this country a long time abeg.


Long live LIB

daniel ubong said...

Hmmmm,another lie,apc next.

Anonymous said...

hahahahah he just opened a new set of lies. from thier store

henrie said...

hahahah he just opened a new set of lies from their storage house

Anonymous said...

hahahahah he just opened a new set of lies. from thier store

Anonymous said...

Where?? In the ocean???

Anonymous said...

I pray this eventually works out. It will bring relief to many aspiring house owners.
2 female celebrities caught on cam pant down in a hotel room

Anonymous said...

Na lie

Anonymous said...

This APC don't know any other thing apart from lies

Anonymous said...

When will this goverment stop lier lier to the people of Nigeria ? Even a pastor - vice president can stand before televvission and tell us lie ? Please sir dont give us house for #30"000 make a bag of cement #500 Nigeria will be happy. Dont let other country call Nigeria fantastically corrupt country. The world is now a global village!!........... Anike

Comfam247 said...

Funny..is this posible????

Anonymous said...

This nonsense will neva get to d east

Anonymous said...

sofry sofry o Mr Acting President, make this El Dorado and heaven on earth you are promising no come spoil your reputation and the love Nigerians have for you o.

Okowright Balaxy said...

Another fictitious statement by the deceptive APC led government. Making more promises without fulfilling any of their previous promise is hypocritical.

Anonymous said...

30,000 naira they said hahahhahhahahaha I laugh in Swahili. I hope this not April fool cos we have long past that month. I pray the govt comes with realistic ideas and policies that people can buy IN to and not these propagandas we are really tired of it.

Joshua Awak said...

Thank God this is a good development

Anonymous said...

Vivian:
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Anonymous said...

Please pardon me for writing this here please thank you .I'm seeking for help to raise funds to get treatment for the skin disease I have. It have been a big depressing problem to me for 2years and Im always ashamed about my skin. I have tried many medications but it only reduced for some time and get even worst after, my only option is laser light treatment which will cost about 203,000 for all the sections I've been able to raise 55,000. Please any help rendered to me will go a long way thank you. My email address is adavivian45@gmail.com. God bless you all amen.‎‎

Anonymous said...

what are the names of the 11 states where the project has commenced. we haven't heard anything o. Is it the Governors that embezzled the bailout loans given to them by the Federal government that will now be able to resist walloping this housing fund.
The only way this project can succeed is for the government to ensure massive publicity, access and transparency through 100% involvement of social media and all other forms of media publicity.

Kelvin Obasohan said...

This is scam of the century! Don't believe APC. Later the matter will be swept under the carpet.

SongsOfSUSSAN said...

We need action not talk.

Anonymous said...

No mind d fools wry go believe this smelly APC lies

Bree said...

Political statement...de same way they introduce FISH Programme(Federal Integrated Housing Scheme) ....all na lies

donduke said...

Great idea as long as they can ensure action and transparency!

Anonymous said...

pls can someone help me with a sewing machine even it is a used one.thanks and God bless.Juojoo2@gmail.com.

Anonymous said...

Inexpensive mortgage!
30k monthly for how many years?
I believe it's possible joor.

Anonymous said...

Yes it's possible!

Anonymous said...

this man don finally joi lai mohammed for him brand of weed......

Anonymous said...

Gate man brief! Is he even in charge?
Government of deception by All Professional Crooks (APC).

lawisco said...

This idea is nice but rich men will buy the houses and sell to the poor at higher price anyway i rep www.amebomedia.com

Anonymous said...

Lol

Anonymous said...

Lies from the pit of hell

Anonymous said...

Lies from d pit of hell

Agbomen said...

This will be so wonderful. But there will be need for transparency. I hope it's not hijacked by corrupt elements. Otherwise it's quite laudable.

Anonymous said...

Let wait and see

oiza said...

๐Ÿ‘ u just said my mind! God bless you! The people in charge would ask for bribe befor selling the Rest that is if there would be remaining..
Fucked up country!

James Omog said...

Wow dis gist I av bin hearing baba how can dis be possible hmmm my V.c don't stress urself oga mi sir just make cement #500 per bag nd nigerians will b forever b grateful

James Omog said...

Wow dis gist I av bin hearing baba how can dis be possible hmmm my V.c don't stress urself oga mi sir just make cement #500 per bag nd nigerians will b forever b grateful

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