FG Reviews Strategy To Tackle Housing Gap Under The FISH Programme

Firm Issues N10bn Sukuk Bond For Housing Projects
Firm Issues N10bn Sukuk Bond For Housing Projects

The Federal Government says is returning to the drawing board to address some of the challenges that had been bedeviling the implementation of the Federal Integrated Staff Housing Scheme (FISH).

The Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita, stated this in an interview with the News Agency of Nigeria (NAN) in Abuja.

She said that the Government had realised that the cost of houses in the FISH programme originally planned to go through developers was too exorbitant for civil servants, hence the need to return to the drawing board.

Oyo-Ita said that the Office of the Head of Civil Service of the Federation (OHCSF) was currently partnering relevant Ministries Departments and Agencies (MDAs) to reduce cost of infrastructure and land.

She added that this partnership would further reduce the cost of the houses and make it affordable for civil servants, instead of the initial price placed on it by the developers.

She said that the major challenge FISH was encountering was that the concept of the programme was not captured by relevant MDAs in their various budgets, but has been addressed in 2018 budget.

“ Now we have to go back to the drawing board, we are now working with our infrastructure housing MDAs to see how we can bring down the prices to a level that civil servants can actually take advantage of.

“The private developers will no longer have to bear the cost of the land and infrastructure because these are two things that cause high cost of houses,

“We will now take advantage of the developers input by way of skills and technical knowhow, while the government agencies provide the land and infrastructure.’’

The head of service expressed her gratitude to the FCT Minister, Minister of Power, Works and Housing for providing a district for the FISH programme.

She also thanked the Minister of Power, Works and Housing, for providing infrastructure for FISH in the 2018 budget, and the Minister of Finance for their contributions towards the programme.