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    Home»Loan Review»FG homes: 7,300 Nigerians have applied in 7 days (SEE APPLICATION PORTAL)
    Loan Review

    FG homes: 7,300 Nigerians have applied in 7 days (SEE APPLICATION PORTAL)

    Femi AdeoyaBy Femi AdeoyaOctober 10, 20231 Comment2 Mins Read
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    Over 7,300 applications have been received for the Federal government homes under the national housing programme, says Babatunde Fashola, minister of work and housing.

    FG homes: 7,300 Nigerians have applied in 7 days (SEE APPLICATION PORTAL)

    QUICK LOAN ARENA recalls that the federal government had on November 12, launched a portal for persons interested in the homes to apply.

    According to a statement issued on Friday by Boade Akinola of the ministry of works and housing, Fashola, who spoke while appearing before the senate committee on housing, said more applications are expected.

    “As at today, 7,315 applications for the homes have been received so far and the number is still growing,” the minister was quoted as saying.

    “The homes consist of 1, 2, 3 bedrooms, some of which are bungalows while others are flats. The minimum house is N7.2 million and the highest is about N16 million.”

    Explaining why the ministry decided on online applications for the homes, Fashola said it is in line with current realities of digitisation.

    “Our thinking is based on experience and what we think is right. This is a digital age. If we buy air ticket and book hotels through the internet, we believe we could do the same in applying for the homes,” he said.

    While noting that applicants are expected to buy one house, he added that the variation in prices according to states is as a result of the cost of building and topography.

    “Affordability (of the homes) is not just a function of the cost but also the mode of payment, that is why we have created the rent to own option of payment,” he added.

    You can apply by CLICKING HERE.

     

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    Femi Adeoya
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    Mr Femi Adeoya is a Chartered Forensic Accountant and a Certified Fraud Examiner. He has over 20 years professional work experience in accounting, finance and business management processes. As an Accounting Software Expert, he has implemented and supervised accounting solution set up of over 50 small and medium businesses in Nigeria. As a passionate blogger, Mr Adeoya is an ardent writer and communicationist. He is the CEO of QUICK LOAN ARENA (quickloanarena.com), the number 1 loan apps review website in Nigeria. He is very passionate about the quick and instant loan industry in Nigeria and has written over 200 reviews on different loan apps and digital banks in Nigeria, USA, Canada and UK.

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    1 Comment

    1. Sayo Adeoya on January 23, 2023 10:05 am

      This ia awesome!

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