The National Social Housing Program i.e. NSHP is a program that allows Nigerians living to own their own home and that too for just ₦ 2,000,000, as well as nshp.gov.ng employment opportunities. To know-how, you must read this article till the end.
First time home buyers face many challenges in finding a new home. They may not have an established credit history or they may not have enough money to pay the dues, which may enable them to have a conventional home loan, or a debt much higher than the income for a conventional home loan.
Often home buyers do not know what the traditional home loan options are. Government grants and loan programs and even some financial options made millions of first-time homeowners.
National Social Housing Program (NSHP)
President Muhammadu Buhari has launched the National Social Housing Program (NSHP) to provide affordable housing and millions of jobs for Nigerians.
Under this program, you will only be allowed as low as 2,000,000 as a house owner, as an individual, or as part of a cooperative. With the help of this program, you can easily own any house of your choice in Nigeria.
These are some of the impacts of the program on the Nigerian economy as a whole.
|300,000 Homes across the country||600 – Estates to be delivered|
|37 Locations – 36 states and the FCT||9,000 – Partnerships (SMEs)|
|600 – Independent / Project Managers||600 – Management Contractors|
|100% – Local Content Target||1,800,000 – Jobs for Nigerians|
For people who dream to have their own home in Nigeria, this dream will be fulfilled now. He has the amazing right to imagine owning the latest house in any part of Nigeria.
After registering on the portal www.nshp.gov.ng you are only allowed to become an immediate landlord with up to 2,000,000 only.
The Buhari-led administration’s initiative is a bold response to the adverse economic and health challenges that Nigeria faces as a result of the global epidemic. It introduces a new and dynamic approach that brings the experience and expertise of multiple stakeholders to provide a sustainable and effective solution to Nigerian housing and unemployment.
NSHP is ready to achieve the following goals:
- Construction of 300,000 houses across Nigeria for low-income people.
- Create 1.8 million jobs in the construction standards chain for Nigeria.
- Increase domestic production of building materials through scale economy.
- Increase access to homeownership for low-income people through low-income spending and alternative financing options.
Available home options
Here are some suggestions on how to look or get an appointment for Nigerian homeowners.
Easy payment option with lowest interest rates across the country.
Read also: What is Stanbic IBTC EZ Cash / How to Apply
How you can own your own house
You will be able to register and submit your application in a simple way on the nshp.gov.ng portal.
All applicants will be subject to a competitive qualification process that will be fair and transparent.
Eligible homeowners will contribute to their homes while waiting for delivery.
Who is eligible to stay in NSHP.GOV.NG?
To own a home, you must meet the following criteria when opening the application:
Become a Nigerian citizen
Age should be more than 18 years.
Have a valid national identity card.
You will then need to complete your profile by submitting your personal details, housing preferences (the house you are applying for), etc.
Show reliable earnings
How long will it take me to get the allotment?
Once the list of beneficiaries for a particular place with land/place is finalized, the allotment of that place can begin.
Whenever NSHP registration starts we will update this page if you want to register on https://nshp.gov.ng/ then subscribe to our website to get alerts.