The Kogi State Government has partnered with Mufkad Estate to deliver a rent-to-own housing estate for civil servants in the state.
This was disclosed by the Project Manager of Mufkad Estate, Suberu Nusa, in an interview with newsmen on Saturday.
This initiative aims to provide affordable housing options and alleviate the financial burden of rent on public sector workers.
The housing units will be made available under a rent-to-own scheme supported by the Federal Mortgage Bank of Nigeria, with flexible payment plans spread over 15 to 20 years at single-digit interest rates.
The scheme is designed to benefit civil servants in Kogi State, providing them with dignified and affordable housing options.
Nusa said Mufkad was working closely with the Ministry of Housing and Urban Development, under the directive of Governor Usman Ododo, to fast-track the rollout of the project and ensure it met the needs of public sector workers in the state.
“We met with the Commissioner for Housing and Urban Development on the instruction of Governor Usman Ododo, to chart a way forward for the immediate delivery of affordable housing
"The governor has tasked us with developing a rent-to-own model in partnership with the Federal Mortgage Bank of Nigeria, so civil servants can occupy these homes and pay over time,” he said.
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