Monday, 5 September 2016

BuhariPresident's administration will transform thousands from tenants to home owners - Garba Shehu

The Federal Government has said that its affordable housing schemes will soon transform thousands of Nigerians from being tenants to proud owners of houses and plots of land.

This is contained in a statement by Malam Garba Shehu, the Senior Special Assistant on Media and Publicity to President Muhammadu Buhari, in Abuja on Monday.
Shehu said the scheme operated through the mortgage banking system was part of the programmes meant to uplift the quality of lives of the citizens.
He said that the Buhari-led administration had so far released N74 billion as part of capital allocations in the last three months.
According to him, more of the capital allocations will soon be released to revitalise the economy.

Shehu, who was reacting to negative comments on the nation’s economy in some quarters, noted that the Federal Government had expended N26 billion in the transport sector in the last few months.
He also revealed that the government would start a concession that would revive the nation’s rail system for freight
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