The Federal Authorities has given the primary batch allottees of the Nationwide Housing programme, NHP, eight weeks to finish their funds or forfeit their allocations.
Dr Marcus Ogunbiyi, Everlasting Secretary, Ministry of Housing and City Improvement disclosed this in a press release on Monday in Abuja.
Within the assertion signed by Salisu Haiba, Director, Press and Public Relations within the Ministry, Ogunbiyi, confused that if the certified subscribers failed to satisfy up with the eight weeks grace, their allocations could be revoked.
Mr Ogunbiyi recalled that the issuance of the primary batch supply of provisional allocation to the outright subscribers of homes underneath the NHP started in April.
He mentioned the issuance, was sequel to the assessment of the situations and procedures for the gross sales of the homes underneath the NHP, which was conveyed to the allottees on Dec. 29, 2023 by way of a round referenced No.. DPBH/645/1/43.
“Various Outright Fee Subscribers have accomplished their funds, whereas some have began making deposit funds, however but to finish their funds,”
“By this data, the Ministry is informing all the primary batch outright subscribers who’re but to finish their funds for the homes provided them, a grace of eight weeks.
“They’re suggested to finish all funds inside that point. Any subscriber who fails to finish fee throughout the eight weeks grace interval may have the supply revoked,” he mentioned
Mr Ogunbiyi reminded the subscribers that the preliminary validity interval for the completion of all fee was 90 days.
A complete of 8,925 purposes had been obtained by the ministry, comprising 1294 outright fee, 2408 Mortgage and 2184 lease to personal.NAN
