Pricey Honourable Minister of the Federal Capital Territory,
Barrister Nyesom Wike (Mr Tasks),
We wish to commend the Authorities of President Bola Ahmed Tinubu for the landmark transformative tasks occurring throughout Nigeria. It’s clear as daylight that Nigeria is really marching ahead and we are going to get to the promised land very quickly.
The varied infrastructure tasks in roads, bridges, rail, port rehabilitation, Renewed Hope Housing Metropolis and Property, and the general infrastructure transformation of the Federal Capital Territory are vital and landmark contributions to the expansion and improvement of a nation.
The brave and nice imaginative and prescient of Mr. President supported strongly by the Minister of the FCT and the Minister of Housing and City Improvement are really hope renewing actions within the life and future of our nice nation.
We wish to sincerely thanks for the velocity of the award of the four-lane street to the Renewed Hope Metropolis mission in Karsana and the velocity and high quality of deployment occurring. We now perceive why they name you Mr. Tasks. In just a few months, the drainages and kerbs on the ten.4-kilometre street are nearing completion constructed with world-class engineering zeal and dedication. This has inspired over 1000 Nigerians to instantly purchase into this laudable mission of Mr. President and Honourable Minister of Housing and City Improvement.
Honourable Minister Sir, most of us that subscribe to the mission are non-public sector employees and federal and state civil servants. The mission was enticing because of the promise of Mr. President and the Federal Minister of Housing as a result of we have been promised 85% to 90% of the mission worth in single digit rate of interest mortgages from the Federal Mortgage Financial institution of Nigeria.
Now we have nearly all completed paying our fairness contribution of 10% to fifteen% of the gross sales worth and the builders issued us provisional letters of allocation awaiting remaining letters of allocation as quickly because the Federal Mortgage Financial institution pays the builders the mortgage portion of 85% to 90%. That is the place we want your intervention.
The builders have persistently up to date us on the progress on the location and we additionally go to the location incessantly to make sure progress on our allotted items. The one delay to hundreds of Nigerians reaping the advantages of this programme, which our President is so happy with, and also you and the Minister of Housing have completed a lot to see come to fruition, is the dearth of Certificates of Occupancy for every of the subscribers. Mortgage can’t be booked in our favour by most of our mortgage establishments with out the issuance of Certificates of Occupancy for every of our subscribers.
One of the crucial elementary insurance policies and choices of your administration because the FCT Minister is your choice to bypass mass housing builders within the administration of Certificates of Occupancy for the subscribers and patrons of mass housing in Abuja. This considered one of its form initiative within the Federal Capital Territory is an proof of your plans and needs and that of Mr. President to make sure know-how is deployed within the processing of Certificates of Occupancy for mass housing subscribers, alongside your want to see that pointless bottlenecks are eradicated within the course of. We congratulate Mr. President and your self for this new initiative.
Our request, sir, is that we want your Land Administration division to create a particular desk for the subscribers of the Renewed Hope Metropolis in Karsana to allow the quick monitoring of our certificates of occupancy in order that our mortgages might be disbursed and we will take possession of our homes. The charges and charges specified by your administration to be paid formally to your nominated account are clear and truthful sufficient, although we’d have appreciated a little bit of low cost on the charges. Nevertheless, the clear and truthful charges you adopted which are relevant to everybody has impressed us to make the funds to the FCT account as quickly as we get the evaluation. This may generate transparently evaluated income for the FCT and extra importantly assist our President Bola Ahmed Tinubu, the Honourable Minister of Housing and City Improvement to fulfil the guarantees to Nigerians of offering homes supported with mortgages from the Federal Mortgage Financial institution.
In truth, that is the primary time within the historical past of Nigeria that mortgages can be processed in hundreds for contributors to the Nationwide Housing Fund of the Federal Mortgage Financial institution. However with out the Certificates of Occupancy, all these laudable efforts of Mr. President, the Minister of Housing, and undoubtedly the Minister of the FCT will, GOD forbid it, not be realised as rapidly and as effectively as you prefer to function.
Kindly intervene on our behalf, sir. We’ll inform the builders to liaise once more with the Lands Division following your anticipated intervention.
Thanks Mr President, Thanks Mr. Housing, and Thanks Mr. Tasks.
Signed:
ASSOCIATION OF SUBSCRIBERS TO RENEWED HOPE HOUSING CITY.
A PPP collaboration with the Federal Authorities of Nigeria.
