FG to raise N1trn for housing scheme – Osinbajo

Vice-President Yemi Osinbajo has said that the Federal Government is working with stakeholders to raise one trillion naira to provide affordable housing for Nigerians. The vice-president spoke at the 22nd Nigerian Economic Summit in Abuja on Tuesday where he chaired a Roundtable on Job Creation, Skills and Employment at the summit. He said that the proposed project would also help to create jobs. Osinbajo said that the job creation unit in his office had worked out a framework with the Nigerian Economic Summit Group to focus on three sectors to create employment. He listed the three sectors as construction, agriculture and information communication technology. Under construction, the vice-president said the Federal Government was trying to work on a social housing programme, called the Family Home Fund. He said, “The Family Home Fund is a financial intervention into social housing in the country.“We are trying to raise a fund which will come to about one trillion naira; we have aggregated fund from the private sector, local and international funds already.