Osinbajo said under the N100 billion housing scheme, those who have N30, 000 can now own houses in Nigeria Read more: https://www.naij.com/1107213-anyone-afford-n30000-a-house-osinbajo.html

Acting President Yemi Osinbajo has said the government will make available, cheaper houses to Nigerians - Osinbajo said under the N100 billion housing scheme, those who have N30, 000 can now own houses in Nigeria Acting President Yemi Osinbajo said his administration has provided cheaper houses for Nigerians under the N100 billion social housing scheme. Osinbajo made this statement at the Banquet Hall of Presidential Villa in Abuja on Monday at an event tagged "A Smile for Every Nigerian" organised to commemorate the administration's second anniversary. The acting president explained that the housing scheme was part of the administration's social intervention prpgramme that had not been mentioned. He said: "This is 100bn set aside for the Family Home Fund our Social Housing Project. The N100b is a yearly contribution to our N1trn Social Housing Fund, the largest in the history of the country. The World Bank and the African Development Bank are contributors to the Fund. From this Fund, developers will borrow 80% of the cost of project and counter fund with their own 20%.