Works Minister Fashola
Fashola
Works Minister Fashola
Fashola Receives FHA Annual Report
The Honourable Minister of Power Works and Housing, Babatunde
Raji Fasola SAN, received the first Annual Report from the current
Board of Directors of the Federal Housing Authority (FHA) in
Abuja.
The Honourable Minister expressed delight to receive the Report
from the Board within a year of its inauguration. This he said
demonstrates a level of accountability and commitment in the
Buhari-led Administration.
In recognizing the critical role the FHA has to play in solving
housing challenges faced within the country, the Minister disclosed
that he was pleased with what he saw on at the FHA site in Zuba
during one of the media visits. Not only did it conform to policies
set down by the Ministry, it would also meet the demands of over
700 young Nigerians who are likely to seek 1 or 2 Bedroom
apartments and benefit over 10,000 Nigerians in the built
industry.
Mr. Fashola maintained that if the same was replicated in all
the 36 states of the Federation, there would be significant
achievement made in the Small and Medium Enterprises (SMEs) across
the Federation.
The Honourable Minister thanked the Chairman and members of the
Board for returning to give account of their stewardship and hoped
that the FHA will rise to the challenge and continue to meet more
housing demands as the Federal Mortgage Bank was also doing.. This
in turn will open up opportunities for more mortgages with the
resultant effect of more buyers.
He urged other Parastatals within the Ministry to adopt
submission of their Annual Reports and further promised to read and
escalate the Report with its salient points to Mr. President for
further consideration and action.
Speaking earlier, the Chairman Board of Directors, Federal
Housing Authority (FHA), Senator Mohammed Shuaibu asserted that the
Annual Report was to be the first ever prepared by any Board of the
Agency to its supervising Ministry and was aimed at highlighting
efforts of the Board in the first year since its inauguration
on 1stMarch, 2018.
Renate M. Michael (Mrs)
PIO (Information)