Fed Govt to commercialise FHA

By IAfrica
In Nigeria
Aug 31st, 2014
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THE Federal Government has started the commercialisation of the Federal Housing Authority (FHA) to reposition it, its Acting Managing Director, David Kpue, has said.

Consequently,  stakeholders would be  engaged to run FHA to enable it stand on its feet.

Kpue believes that when this is done, it will go a long way in addressing the needs of Nigerians who want their own houses.

He said the FHA has delivered 40, 000 housing units. According to him, the Authority has deployed various strategies in ensuring that housing problem become a thing of the past in the country.

He listed such channels of house delivery by the FHA to include direct construction, entering into public-private partnership (PPP) with estate developers as well as exploring cooperative and social housing avenues, adding that it has continued to encourage and promote housing regeneration.

Kpue said the FHA planned to develop new estates and towns in the Federal Capital Territory (FCT), where plans have reached an advanced stage for an estate in Zuba, which will accommodate 1, 200 houses.

Also, the FHA is completing a process that will berth an estate or a new town in Gwari, which will deliver up to 20, 000 housing units, and also a new town in Kwali.

Already, profiling of the off-takers has been concluded, while the Authority has concludeed plans with the Federal Capital Development Authority (FCDA) so that it can pay the relevant compensations to those that would be affected by the exercise and then commence the delivery process.

The FHA boss said the agency was in discussion with Nigerian Traders Association, Nigerian Union of Teachers (NUT), among others. These efforts are geared towards ameliorating the pressing housing problems in Abuja.

Beyond the FCT, he revealed that the FHA is also into PPP in other states to deliver houses, an effort that has delivered 1, 753 units across the country. And to further boost the PPP, the FHA boss said the agency is also trying to streamline the would-be funding partners who can come in to assist in delivering the housing programmes.

“The FHA has faced a lot of challenges but we are moving forward. A new FHA will work towards providing affordable and accessible houses because the consensus we had in the past is that most of these houses were not easily taken up by Nigerians but by profiling our off takers, we were able to service the needs of those who want the houses and the type they want,” Kpue said.

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