Bauchi gets N15 billion worth housing funds

Bauchi state government has received a boost from the Federal Ministry of Finance on the construction of 2500 housing unit, worth over N15 billion.

Bauchi state governor Bala Mohammed who spoke after signing a Memorandum of Understanding with the Friends Home fund, the company handling the construction project, says his administration had resolved to address housing deficit in the state.

The governor said the project would also provide qualitative and affordable accommodation to people of the state and would be executed across the six Emirate Councils of the state.

Bala said the project has undergone the necessary procurement procedures to ensure that it was done in line with international best practice.

The Managing Director of Family Homes Fund, the company handling the project, Mr Femi Adewole explained that the housing unit is a subsidiary of the Federal Government, under the Federal Ministry of Finance aimed at providing affordable housing across the country.

 Mr Femi Adewole who said the company would engage expert for the execution of the project, assured that it will be completed within one year.

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