Plans to construct affordable houses in Nigeria get momentum

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Plans to construct more affordable houses in Nigeria is quickly gaining pace after the country’s Investment Promotion Commission (NIPC) partnered with several foreign Investors to build affordable houses in Nigeria.

The aim of this project is to partner with foreign investors that can build standard and affordable houses that the poor can afford.

Uju Baba Executive Director of the Nigerian Investment Promotion Commission (NIPC) announced the development during a media interview in Nigeria.

Mrs Baba noted that there is a huge vacuum in the housing sector that needs to be filled and further reiterated the Nigerian Investment Promotion Commission’s (NIPC) commitment towards the development of the construction sector in Nigeria by partnering with foreign Investors from Turkey and Brazil to make housing affordable to the poor and the middle class in Nigeria.

Uju has also expressed optimism that by the end of this year, the foreign companies/investors will be in Nigeria to get things started, she also shared their commitment towards building a standard and affordable housing for all.

The Nigerian Investment Promotion Commission (NIPC) would also go an extra mile to monitor the activities of the scheme by making sure the project is only of benefit to the poor and not taken advantage by the rich or anyone who want to make huge profit out of the scheme.

Mrs Uju also explained that NIPC was facilitating investment and will be taking more proactive steps as the biggest agent of development and transformation in Nigeria. She also made known that the commission is re-positioning itself to be create and attract quality investors and also positioning itself as the one stop center for Investment in Nigeria.

She said the biggest role of the commission is to ensure investment opportunities in Nigeria