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Do you know that the Buhari administration has already built and commissioned the Phase II of its Federal Housing Estate located at the Ibapon area of Ogbomosho in Oyo State?
The estate was funded by the Federal Mortgage Bank of Nigeria (FMBN), and it comprises 12 units of 1-bedroom terraces; 40 units of 2-bedroom flats, and 48 units of 3-bedroom semi-detached bungalows, totalling 100 units.
Developed with well-paved road networks, walkways, drainage systems, streetlights and a dedicated electricity transformer, the estate has already been allocated to subscribers of the National Housing Fund who chose the area as their place of residence.
And while the project was conceived as a source of succour for Nigerians who have needs of affordable houses, it is also essential to point out that the construction of these houses created jobs and business opportunities for people in the host community, which makes it a profitable investment by the administration.
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