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    ALMOND 94.3 FM Ibadan

News

FHA INAUGURATES 100 HOUSING UNITS IN OYO STATE

todayJuly 23, 2025 2

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The Federal Housing Authority (FHA) has inaugurated 100 units of two-and three-bedroom houses at the FHA Estate in Ajoda, Ibadan, marking the first phase of a proposed 1,000-unit housing project in the area.

Speaking at the commissioning, the Managing Director of FHA, Oyetunde Ojo, said the development was in line with the Renewed Hope mandate given to the agency by President Bola Tinubu when its current leadership was appointed in February 2024.

Ojo said the project would prioritise all Nigerians, including the informal sector, in subsequent phases.

He assured residents of adequate security, and called on the Federal Mortgage Bank to step up public awareness on mortgage options available for prospective homeowners.

Earlier in his remarks, Engr. Remi Omowaiye, FHA Executive Director of Project Implementation and Chairman of the Commissioning Committee, said the agency was embarking on similar affordable housing schemes in 17 states.

 

Written by: Almond News

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