Rivers Govt Urged to Set Sight on 200,000 Low-cost Housing
In a groundbreaking move, the Rivers State Government has launched a 20,000-unit low-cost housing scheme in collaboration with My-ACE China. However, the Mayor of Housing, My-ACE China, has set ambitious sights on expanding this initiative to a staggering 200,000 homes within the same timeframe.
Mayor of Housing, who recently clinched the prestigious Property Personality of the Year and Brand of the Year awards at the DMOMA Awards in Port Harcourt, shed light on the potential for exponential growth in affordable housing. The administration of Rivers Governor, Sim Fubara, had initially unveiled plans for the construction of 20,000 houses.
The Mayor emphasized that creating a conducive environment for investment is paramount to achieving this lofty goal. He outlined key factors such as improving the ease of doing business, simplifying the certificate of occupancy process, enhancing security measures, and streamlining tax procedures and incentives.
“We have been curiously and eagerly waiting for how it would be implemented. The houses are important but the model or process to the accessibility of the houses is even more important. There is need to see behind the housing scheme a self-auditing, self-sustaining and self-duplicating and fool-proof system to people to have access these houses. If the process has these mechanisms, the administration would know that it has not only provided houses but it has created a system to continually provide houses in the state. It would start a chain reaction of houses from the private sector. I am eagerly awaiting and I am elated,” he was quoted by BusinessDay.
