Housing deficit: Minister tasks Shelter Afrique on increased credit facility

Minister of State for Works and Housing Mr Abubakar Aliyu has urged Shelter Afrique to increase the funds it planned to invest as part of efforts to address Nigeria’s housing deficit.

Shelter Afrique, an international non governmental organisation (NGO), has earmarked 181 million dollars credit facility to provide affordable housing for Nigerians over a period of five years.

The minister made the appeal in Abuja on last Thursday when the Managing Director of Shelter Afrique Mr Andrew Chimphondah paid him a visit in his office.

Aliyu commended the institution for its efforts in trying to address the housing deficit in the country.

“The institution is doing a great job but we need you to do more, the loan you want to invest  in the country to address housing deficit should be increased, more employment position should be given to Nigerians because at  present,  you have only one Nigeria as staff, ” he said.

Aliyu said the country expected to see more changes in terms of opportunities for Nigerians, adding that the government  was determined to  do its part.

Speaking earlier, Chimphondah said Nigeria was a strategic market for the institute, adding that the outfit’s shareholders included 44 African countries and two financial institutions.

According to him, the institution provides loans, grants and credits for the development of the environment as well as the provision of houses for Africans.

“We are looking at the demand and supply side of housing. For the supply side, we will enter into Public-Private-Partnership with government, with the government providing land and subsidised infrastructure.

“We will commit and dedicate all the expertise to ensure that quality houses are delivered, we will also ensure that the houses are energy-efficient, environmentally friendly and comfortable,” he added.

Chimphondah said the institute was the only Pan African Housing Development and Finance Institution committed  to facilitating  and financing affordable housing delivery across Africa.

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