In a significant development, the Federal Government of Nigeria has announced plans to sell 753 seized properties belonging to the former Central Bank Governor, Godwin Emefiele.
This initiative is part of President Bola Tinubu’s Renewed Hope Agenda, as revealed by Badamasi Haiba, the spokesperson for the Ministry of Housing.
Haiba stated that the properties will be made available for purchase primarily to low and middle-income Nigerians. In an interview with Punch, he emphasized the government’s commitment to ensuring that ordinary citizens benefit from the sale of these forfeited assets.
The spokesperson noted that the estate, currently under construction, will undergo a thorough assessment before the sale process begins.
“The next step will involve profiling the houses to determine the sales process for Nigerians,” Haiba explained.
He reiterated the ministry’s goal of promoting homeownership across all income levels, stating, “Our intention has always been to ensure that homeownership is accessible to all categories of Nigerians, particularly low and middle-income earners.”
Additionally, Haiba assured potential buyers that the Federal Government plans to offer flexible payment options to facilitate the acquisition of these homes by those in need.
The specific criteria for low and middle-income Nigerians to qualify for purchasing the houses previously owned by Godwin Emefiele have not been detailed in the provided information.
However, such criteria typically include factors like:
- Income Level: Applicants may need to provide proof of their income to determine if they fall within the defined low or middle-income brackets.
- Employment Status: A stable job or employment history might be required to ensure the ability to make payments.
- Creditworthiness: Potential buyers may need to undergo a credit assessment to evaluate their financial responsibility.
- Family Size: Some programs consider family size to determine housing needs and appropriate housing types.
- Residency:Applicants may need to be residents of Nigeria or the specific area where the properties are located.
- Age and Marital Status: Some housing programs have age or marital status requirements.
Stay tuned for further updates on the sale of Emefiele’s properties and how it aims to transform housing accessibility for Nigerians.
