• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Fashola divulges FG’s plans to build affordable homes 

Joseph Olaoluwa by Joseph Olaoluwa
November 1, 2019
in Business News, Politics
FG approves N6.28 billion for 24-month repair works on Third Mainland Bridge

Babatunde Fashola, Minister of Works and Housing

Share on FacebookShare on TwitterShare on Linkedin

The Minister of Works and Housing, Babatunde Fashola, has disclosed the plan of the Federal Government (FG) to build more low-cost houses in 34 states of the country. This is in addition to road construction projects currently ongoing across all the 36 states of Nigeria.

The Details: Giving more details about the projects in Abuja yesterday, Fashola noted that most road projects had neared completion while new projects were being proposed.

“We are delivering on our agenda for housing provision by aggressively and sustainably pursuing the model National Housing Programme, which will turn out acceptable and affordable houses for Nigerians, and with a lot of associated economic opportunities.

RelatedStories

Babatunde Fashola, PEPC

FG begins trial of blogger who accused Fashola of writing PEPC’s judgments

March 25, 2024
Why FG closed Ijora-Olopa Bridge

Hardship: Fashola tells Lagos Govt to reduce levies, taxes across sectors  

March 15, 2024

“Construction is ongoing in 34 states, most of which are largely completed, and will soon be offered for sale to the public, while also simultaneously planning the second phase in those states that have provided us with land,” he said.

Proposed NHF Law takes a twist, as top Nigerian experts differ on its impact, Richard Olodu, affordable homes 

In addition, he noted that maintenance and repairs of the roads nationwide had commenced.

“The effective, efficient and timely movement of people, goods and delivery of services are imperative for socio-economic growth and sustainable development.

“I am pleased to report in this regard that there is at least one federal road under construction in each of the 36 states and the FCT.

“While many have been completed, others are still under construction and new ones being planned. We are also repairing, building and rehabilitating many other roads under our Federal Road Maintenance Agency.”

In a recent Nairametrics article, Fashola disclosed that 524 road projects were ongoing in the six geopolitical zones of the country. The Minister noted that the essence of the road project was to open up the economy and make business easier for everyone.

He added that a funding gap of ₦255 billion was required to “ideally” fund some of the major roads and stressed that the ₦157 billion proposed in the 2020 budget allocation was inadequate.

Fashola said that ₦2.93 billion was pending in unpaid certificates under the multilateral funded projects while ₦306 billion was the amount for unpaid certificates for completed road projects.


Follow us for Breaking News and Market Intelligence.
Tags: Babatunde FasholaFG's affordable homes
Joseph Olaoluwa

Joseph Olaoluwa

Reincarnated as a lover of stocks, Angel investors, seed funds, and anything aligned to tech or startups raising money, Joseph's work at Nairametrics involves following the money to wherever it leads. Before joining Nairametrics, he won an investigative journalism fellowship with ICIR, appeared in several national dallies, with hard-hitting opinions, features and investigative pieces. He has also engaged in content marketing and copywriting for a top e-commerce firm in Nigeria.

Related Posts

Babatunde Fashola, PEPC
Legal & Regulations

FG begins trial of blogger who accused Fashola of writing PEPC’s judgments

March 25, 2024
Why FG closed Ijora-Olopa Bridge
Business

Hardship: Fashola tells Lagos Govt to reduce levies, taxes across sectors  

March 15, 2024
Eko bridge, Dave Umahi
Business

Umahi insists on concrete technology for road projects, ready to fight contractors

August 25, 2023
Akinwunmi Ambode,Babatunde Fashola,Babajide Sanwo-Olu, President Tinubu
Business

Ambode joins Sanwo-Olu, Fashola, others at a reception for Tinubu after 4 years absence

June 29, 2023
FG explains why Tinubu administration will commission Lagos-Ibadan Express and not President Buhari
Business

Why Tinubu’s administration will commission Lagos-Ibadan expressway, not President Buhari – FG

May 24, 2023
Why FG closed Ijora-Olopa Bridge
Business News

Why FG closed Ijora-Olopa bridge

May 18, 2023
Next Post
FirstBank rewards top performing agents with Over 15 million Naira at Its maiden Firstmonie Agents Awards

FirstBank rewards top performing agents with Over 15 million Naira at Its maiden Firstmonie Agents Awards

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Court remands Ponzi Scheme Operator over alleged N10 billion Fraud in Lagos 
  • ‘Nigeria has become a crime scene’: Obi slams NNPCL over alleged N210 trillion scandal 
  • FG seek investments in ports, digital platforms to aid cross-border businesses across West Africa 

Follow us on social media:

Recent News

Federal High Court, ,

Court remands Ponzi Scheme Operator over alleged N10 billion Fraud in Lagos 

June 20, 2025
Peter Obi, Ukrain

‘Nigeria has become a crime scene’: Obi slams NNPCL over alleged N210 trillion scandal 

June 20, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics