Benue to build 300 housing units

Posted: September 28, 2013 in BENUE, makurdi, Uncategorized
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Benue State Government says it has signed a memorandum of understanding for the construction of 300 housing units to meet accommodation challenges of its citizens in the state.

The state Commissioner for Housing, Mr. Alexander Akpera, stated this at a press briefing on Wednesday in Makurdi.

Akpera said that government had completed the survey of potential buyers before embarking on the project.

He said Gov. Gabriel Suswam  had approved the appointment of a real estate consultant, ‘Messrs Sears Investment Limited’, to document all property owned by the state across the country.

According to the commissioner, the consultant also has the mandate to generate revenue by collecting rents on such property, adding that government has already generated N6.95 million from such charges.

Akpera  said that the state government was also negotiating with some financial institutions for the purpose of privatizing its financial house, ‘Ben house Building Society’, to make it a full-fledged financial institution.

He said that the government would retain 10 per cent equity shares totaling N750 million in the arrangement.

“The Central Bank of Nigeria has given the government up till Dec. 31st, to either re-capitalize or fold up”, Akpera said. NAN

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