Minister urges developers to complete on-going housing projects

ON the heels of the May 29 handover date, the Minister of Lands, Housing and Urban Development, Dr (Mrs) Akon Eyakenyi has called on the newly elected executive of the Real Estate Developers Association of Nigeria (REDAN) to complete on-going projects on schedule.

Speaking in her office during a courtesy visit by the association led by its President, Reverend Ugochukwu Chime, the Minister assured that the developers that the Federal Mortgage Bank of Nigeria (FMBN) as a government institution would continue to render relevant financial assistance to developers.

Eyakenyi advised REDAN members to ensure that stakeholders in the sector maintain quality in pursuit of affordable housing for Nigerians, adding that it would further curtail incidences of collapsed buildings in the nation.

She commended the transparent process that brought up the new executive and urged them to continue to maintain an open and all-inclusive administrative policy that will benefit stakeholders in the sector.

“If you have an open administration, you will succeed, the Minister advised”. While commending the effort of the out-going administration and in particular President Jonathan’s genuine concern and support to the sector, she noted that government is a continuum, expressing hope that the in-coming administration will continue with the laudable programmes and projects in the sector.

However, she admonished that such financial assistance should be well utilized for the benefit of providing affordable and quality housing for Nigerians. REDAN President, Rev. Chime commended the Minister for the various strides recorded during her tenure, noting that she has commissioned more housing estates  than any Minister who had ever served in the Ministry, attributing it to her inspirational and outstanding leadership qualities. 272wds