Login Register
feel free to call 09056000005

FG sets 90-day payment deadline for national housing scheme subscribers

The Federal Government has issued a 90-day deadline for subscribers of the National Housing Programme (NHP) to complete their payments, with an additional eight-week grace period.
 
Speaking recently in Abuja, Dr. Marcus Ogunbiyi, the Permanent Secretary of the Ministry of Housing and Urban Development, stated, "The period for completing all payments is 90 days." Ogunbiyi cautioned that any subscriber who fails to complete payment within the extended eight-week grace period will have their offer revoked.
National Housing Programme
The first batch of provisional allocation offers was issued in April 2024 after a review of the conditions and procedures for selling houses under the NHP.
The ministry has encouraged subscribers to take advantage of this grace period to finalize their payments and avoid losing their offers. Ogunbiyi clarified that subscribers have a total of 26 weeks to complete their payments.
 
 

Similar Topics

Hope for improved housing supply in Nigeria may remain unfulfilled, as the 2025 fiscal budget...

a day ago Read More

Nigeria commemorated its annual Armed Forces Remembrance Day on January 15, honoring military...

2 days ago Read More

Nigeria’s ongoing GDP and CPI rebasing reveal real estate has overtaken oil and gas as the...

3 days ago Read More

Rental properties, encompassing both residential and commercial spaces, are projected to dominate...

8 days ago Read More

The Nigerian Senate is considering a bill to prohibit the use of foreign currencies in domestic...

9 days ago Read More

The Nigerian Senate is considering a bill to prohibit using foreign currencies in domestic...

9 days ago Read More

US Election Race Intensifies: How Results Could Impact Nigeria’s Real Estate Market As the...

2 months ago Read More

Equatorial Guinea Official Baltasar Engonga Ebang’s Video Sparks Controversy In recent days,...

2 months ago Read More

Nigeria’s digital real estate company, Sytemap, has raised concerns over the ongoing trust...

3 months ago Read More

Governor Babajide Sanwo-Olu of Lagos State has urged for more investment to address the persistent...

3 months ago Read More

Housing sector stakeholders have raised concerns that the rising interest rates in the country are...

3 months ago Read More

Lagos State Governor, Babajide Sanwo-Olu, has emphasized the significance of innovation,...

3 months ago Read More

The Association of Private Practicing Surveyors of Nigeria (APPSN), a subgroup of the Nigerian...

3 months ago Read More

Nigeria has been admitted into WorldSkills International, marking a historic milestone in the...

3 months ago Read More

The Federal Government has launched the Ministry of Finance Incorporated Real Estate Investment...

3 months ago Read More

The National Board for Technical Education has inaugurated the Sector Skill Council for...

4 months ago Read More

The Environmental Defense Fund has partnered with Africa Practice to combat climate change in...

4 months ago Read More

The Minister of Housing and Urban Development, Ahmed Dangiwa, has reiterated the crucial role of...

4 months ago Read More

The Real Estate Developers Association of Nigeria has announced initiatives aimed at enhancing...

4 months ago Read More

The Global Environment Facility has approved $3.28m to tackle land degradation in Kebbi State under...

4 months ago Read More