CBN commits N200bn on 300,000 social housing scheme

The Central Bank of Nigeria (CBN), has committed N200 billion to kickstart the social housing projects, under the Economic Sustainability Plan, (ESP). Already about 20 states have indicated interest in the ESP, which is aimed at providing affordable houses for low income earners.

Recall that in June 2020, President Muhammadu Buhari approved the sum of N2.3 trillion Economic Sustainability Plan prepared by the Vice President Yemi Osinbajo-led Economic Sustainability Committee.

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