News Column

Police Inaugurates 1000 Houses for Junior Officers

June 11, 2014

Ronald Mutum



The Nigeria Police Force has commissioned 1000 units of flats in a Public Private Partnership (PPP) housing scheme that will enable junior officers own their homes when they retire.

Vice President Mohammed Namadi Sambo, who represented President Goodluck Jonathan said, "These 1000 units of three, two and one bedroom houses at Dakwa, Dei-Dei Abuja, were developed through PPP between a reputable developer and the Police Cooperative Society Limited, which financed the project."

According to Vice President Sambo, "Officers and men who are beneficiaries will pay for the houses through the National Housing Fund Loans; Nigeria Police Force has access to this facility through the Federal Mortgage Bank of Nigeria."

He added that both the Public Private Partnership development model, which gives attention to practical mortgage and home financing initiatives are key pillars of the transformation agenda of this administration.

The Vice President noted that "It is encouraging that Nigerian police has built 2000 housing units just in the last two years, suffice to state that many more will be required."

In his address, the Inspector General of Police (IGP), Mohammed Abubakar said the mission behind the project is to ameliorate the observed housing deficit facing the force and provide comfortable and affordable housing for the Nigerian Police force.

He added that "the houses are semi and fully detached one bedroom, two bedroom and three bedroom flats; they are billed to accommodate the Rank and File from Constable to the rank of Deputy Superintendent of Police and would be allocated to them on owner occupier bases at a subsidized rate to encourage them to have their own houses."

IGP Abubakar explained that, the acquisition of these houses will give police men a better sense of belonging, motivation and encourage them to be more committed, dedicated and responsible to the citizens and provide safety and security in Nigeria.

He said "The commissioning of these 1000 houses marks another milestone in the annals of the Nigerian police history in the housing program, as it is the first time this number of houses is being delivered for acquisition by personnel of the Nigerian police force."

The police boss promised that the venture will be sustained until the greater number of officers and men acquire their personal houses, saying "this proposed plan will be fully actualized when the Police Mortgage Bank becomes operational soonest."


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: AllAfrica


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters