United Nations to build 50,000 houses in Ekiti - The Nation Nigeria

The policy, which has been endorsed by Governor Kayode Fayemi to provide shelter for low income earners, will span a decade in Ekiti, with UNOPS being the sole financier of the mortgage deal.A statement yesterday by the Assistant Secretary-General and Chief Executive of UNOPS, Mr. Vitaly Vanshelboim, said the policy was part of the UNOPS Sustainable Infrastructure Impact Investments initiative to ease difficulty in housing ownership.

UNOPS is committed to finding new ways to finance inclusive, resilient and sustainable development activities that generate positive social, economic and environmental impacts,” Vanshelboim added. ”UNOPS and S3I will mobilise resources from funding partners to support this initiative, which may eventually be worth up to $2 billion.

UNOPS will provide its comparative advantages in its mandated areas, such as infrastructure, procurement and project management. Ekiti State Government will identify and allocate suitable land for potential developments, and help to create an enabling environment for foreign direct investment and mortgage finance.”

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