The Federal Capital Territory (FCT) in Nigeria has partnered with the B.A.M Projects and Properties, an Abuja-based property developer to construct 500 affordable housing units in Nigeria for the FCT residents. The project is part of a wider plan by the government to reduce the housing deficit gap already existing in the country.
According to Kelvin God’swill Musa, the B.A.M Projects and Properties Communications Officer, the project will be located at Belham Estate in Karsana District near Gwarimpa Estate. However, the project construction will be executed on a 45 hectares of land that will contain 2-bedroom apartments, 3-bedroom town houses, 3-bedroom luxurious apartments, 4-bedroom detached bungalows and 5-bedroom villas.
Abba Mohammed, the B.A.M projects and properties director says that the company started eying for the mass housing project in Nigeria three years ago and are now ready to execute the construction project having secured a development and leasing approval from the Nigerian Federal Capital Territory Administration (FCTA) under the mass housing scheme of the FCDA.
B.A.M has a clean record in developing mass housing units in the FCT a move that gave them a competitive edge over other companies in Nigerian eying a similar project.
Mohammed said that company is an emerging mass housing developer in the FCT having complied with the necessary procedures for registration such as payment of compensation to original settlers, approval of the engineering design and a certified development planning design, which has the recognition of the FCTA to participate in the scheme based on its experience and full compliance with the laid-down procedures of the government. The 500 housing units in Nigeria are expected to offer comfort and contemporary lifestyle to meet clients demand.
Nigeria like many other African countries is grappling with shortage of houses in the wake of an ever growing population. In recent years the country has partnered with private developers to try and construct more houses especially in urban areas where slums are expanding in leaps and bounds.