The Real Estate Developers Association of Nigeria (REDAN) has said that it would build 77,400 housing units in each of the 774 Local Government Areas of the country.
This it says is in its bid to assist in resolving the housing deficit in Nigeria. REDAN said that thus would be done under its Rural-Urban Housing Initiative (RUHI-774) program.
President REDAN Alh. Aliyu Wamakko made this known at the Real Estate & Construction Expo 2021 with the theme ‘’Real Estate Development, Infrastructure and Mortgage’’ held at Abuja Trade and Convention Centre.
He said that the housing project will generate massive employment in all the local government areas in the Federation, including the FCT.
He said, “The RUHI-774 Project is geared towards producing 100% Nigerian House by encouraging the use of local materials thereby promoting Local Content Development and the development of the Building Material Production Industrialization.
“RUHI -774 housing scheme is meant to provide decent affordable homes to Nigerians with basic infrastructure as well as create a hub of decent and liveable communities in the Local Government Areas of the Federation.
“The scheme will create at least 2.5 million direct and indirect job as well as generate multi-purpose Cooperative Societies in the local governments for socio-economic empowerment.
“As a critical provider of the housing product and in order to generate massive employment, the Association has embarked on Rural-Urban Housing Initiative (RUHI-774) which is aimed at developing at least 100 housing units in each of the 774 Local Government Councils of the Federation including the FCT, where feasible and viable. The imperativeness of this scheme is to make it possible for any Nigerian to own a home at his/her Local Government of origin or anywhere of their choice in the country.”
According to the REDAN president, the housing scheme is to enable all Nigerians to own a home at his/her Local Government of origin or anywhere of their choice in the country.
