Minister of Housing vows to punish corrupt developers

The minister said this at the opening of 102 luxurious residences, high-end places of work, and the flag-off ceremony of Undertaking Broadfield by Dynamic Mayor Edge Firm in Abuja recently.

He additionally cautioned builders against deceiving subscribers and delivering substandard tasks after gathering funds to uphold high-quality requirements in housing tasks.

His feedback had been in response to residents’ grievances regarding the growing incidents of actual property fraud and prospects expressing dissatisfaction due to a perceived lack of worth for his or her cash.

In the final year, Foxiz NIGERIA solely reported how an actual property agency, Good Properties Restricted, scammed 166 federal civil servants of N5bn and didn’t ship 1,000 housing items after ten years.

Dangiwa expressed the federal government’s dedication to defending residents’ rights and stopping actual property fraud.

He emphasised the significance of housing as an important facet of nationwide improvement.

“I need to warn all builders that the times of slicing corners in these housing varieties are over, and those that acquire monies from beneficiaries off-plan and on the finish of the day, they’re duped ought to cease doing that as a result of the times are over for that,” he mentioned.

He stated that such actions would not be tolerated, as the federal government is collaborating with the Financial and Monetary Crimes Fee to ensure accountability and shield residents’ rights.

“We’re collaborating successfully with the EFCC, which is the company of presidency saddled with the duty of making certain the residents’ rights are enforced, to treat the sector,” the minister revealed.

He said President Bola Ahmed Tinubu’s dedication to citizen welfare was exemplified by initiatives like the DME Group’s property mission, which aligned with the federal government’s imagination and pretentiousness for sustainable city improvement.

The Chief Govt Officer of DME Group, Olumayowa Olurishe, in his deal with, unveiled plans to assemble and ship a minimum of 700 properties by 2027, pledging additional funding in Nigeria’s actual property sector.

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“Before now six years, we have now accomplished over 150 reasonably priced luxurious properties, and our Apo Dutse mission, which is being displayed on the display screen and deliberate to be commissioned in October upon completion, will make it over 300 items of reasonably priced luxurious properties been delivered inside seven years of multinational as an organization, which we will invite you, sir, for the commissioning as nicely by the particular grace of God Almighty.

“By 2027, when we celebrate our tenth anniversary, we plan to have constructed and delivered at least 700 properties.”

Additionally, on occasion, Mohammed Jibrilla, a former senator representing Adamawa North senatorial district, urged builders to stop pegging the costs of important construction supplies on the dollar.

He said, “When you find yourself constructing, please think about the pricing as a result of everyone seems to be speaking about; however, there are specific issues that once you construct homes, you don’t think about {dollars}. Sand, water, and different important supplies will not be dollarized. So, please, I need to advise that builders think about what Nigerians will use and provide good pricing.”