When released, the N2bn housing loan which the Ogun State Government intends to access from the Federal Mortgage Bank will be used to build affordable housing units of various sizes across the three Senatorial districts for the benefit of the people.
Commissioner for Housing, Mr. Daniel Adejobi, who dropped this hint in Abeokuta during a media chat indicated that the State Government intends to collaborate with the Federal Government to address problem of housing deficit in the country.
Adejobi pointed out that the fund to be accessed through the Gateway Savings and Loans limited would be released in trenches, explaining that all workers and contributors to the National Housing Fund would be eligible.
“We already have drawings according to the specifications of the Federal Mortgage bank to which the State Housing Corporation is serving as the developer,” the Commissioner said.”