Ogun State - OGHA Approves N2bn Housing Loan Facility, Receives Letter On Anti Stigmation

[OgunState]

 The Ogun State House of Assembly todayunanimously passed a resolution giving approval to the request of the State Governor, Senator Ibikunle Amosun to obtain a N2billion real estate development loan facility from the Federal Mortgage Bank of Nigeria.The loan, when collected would enable the State Housing Corporation provide affordable houses for the citizenry.

The resolution was consequent upon the passage of a motion calling for the approval of the request moved by the Chairman, House Committee on Finance and Appropriation, Hon. Olusola Bankole, after it was amended by the Minority Leader, Hon. Job Akintan and seconded by Hon. Babatunde Edunjobi.Opening debate on the motion, Hon. Bankole disclosed that the loan would go a long way in upgrading infrastructure in existing housing estates, improving living standard of the people and boosting the morale of the work force which is the engine room of government as well as promote safe environment.

He further observed that there was an urgent need to upgrade various housing estates spread across the length and breadth of the State which would be catered for when the loan is eventually obtained.Other lawmakers who spoke in support of the resolution including Honourables Adeyinka Mafe, Olusola Sonuga, Olakunle Oluomo, Babatunde Edunjobi submitted that the facility would enable civil servants who are contributors to the housing scheme an opportunity to have houses of their own which would in turn boost their productivity.

They noted that the passage of the resolution was one of the major conditions out of the 13 to be met, saying that with this, the State would be among the first set to benefit out of the 36 contending States in the Federation.With this development, the State Government can now go ahead to obtain the “N2billion Real Estate Development Loan facility from the Federal Mortgage Bank of Nigeria to provide low cost housing and the issuance of an Irrevocable Standing Payment Order (ISPO) by the Accountant General of the Federal Government of Nigeria in favour of the Federal Mortgage Bank of Nigeria”.

Meanwhile, the lawmakers also received a letter from the State Governor, Senator Ibikunle Amosun requesting a bill for a law to provide for the prevention of discrimination and stigmatisation in whatever form against the people living with HIV/AIDS.Reading the letter during today’s plenary, the Speaker, Rt. Hon Suraj Ishola Adekunbi, quoted the Governor as saying that when passed, the bill would further ensure protection and support for the people living with the virus in the State, as well as prevent all forms of discriminations and stigmatisation associated with the virus.

Via: Ogun State Government - Official Press Release

[Folami David]

The approval what was everyone was expecting over there. Now that it's been given then work can fully continue. Good one.