The firm handling the Federal Government housing project in Akure, the Ondo State capital, the Medaville Building Construction Company Ltd, said the project was almost completed and would be ready for inauguration in few weeks.
The construction of the housing estate consisting of 150 housing units, which was targeted at the low-income earners, began in 2015. The government is participating in the project through the Federal Ministry of Lands, Housing and Urban Development.
The Managing Director of the company, Otunba Ademola Akin-Benson, who spoke during the visit by a former Minister of Justice and Attorney General of the Federation, Mr Adetokunbo Kayode, to the project site, said the company was committed to timely delivery of the project.
Akin-Benson described the housing estate as imperative, saying it would go a long way in addressing shortage of affordable houses for the masses.
He said, “The project is almost completed and will be inaugurated few weeks to this time. High quality building materials were used for the execution of the project. So it is of high quality.”
Akin-Benson specifically commended the President, Major General Muhammadu Buhari (retd.) and the Minister of Works and Housing, Mr Babatunde Fashola, as well as the management of the Federal Mortgage Bank of Nigeria for their commitment to solving challenges in the sector through right investment.
He said the company would consistently sustain good relationship between it and other stakeholders by executing Federal Government’s housing projects awarded to it according to specification.
In his remarks, the former Minister, Adetokunbo Kayode, has applauded the Federal Government for the execution of the ongoing project. He noted that such investment if well implemented, would greatly reduce high cost of house rent in most states.