Home Blog MOU Signing for 20,000 Units
Government Partnership

Rivers State Signs MOU for 20,000 Housing Units

December 2024
Government House, Port Harcourt
MOU Signing Ceremony

Governor of Rivers State, Sir Siminalayi Fubara says the problem of housing for low-income earners in the State, which has been a huge concern, is now being addressed with the planned construction of 20,000 affordable houses.

Sir Fubara spoke at signing two separate memoranda of understanding (MoU) between the state government and two other companies at Government House in Port Harcourt on Saturday.

The Partnership

For the development of RIV/TAF City Housing Project on 1,000 hectares of land for the building of 20,000 housing units, Rivers State Attorney General and Commissioner for Justice, Prof Zacchaeus Adangor (SAN) signed for the State government while the Managing Director and Chief Executive Officer, Mr Mustapha Njie, signed for TAF Africa Global.

"I am happy to say that one of our greatest problems is housing for the low income earners. Our vision as at today, is to provide for those level of people and it is to give our people hope."

— Governor Sir Siminalayi Fubara

Immediate Action

The governor charged the investors to ensure immediate commencement of the projects directing them to ensure that the ground breaking holds in a week's time to show the seriousness attached to the two projects.

Speaking for TAF Africa Global, Mr. Mustapha Njie said a subsidiary of his company called Pricewise Home Nigeria Limited will develop 20,000 housing in phases on the 1,000 hectares of land and thanked the governor for the confidence reposed in them to do the project.

Project Highlights

  • 20,000 Housing Units: Massive development to address housing deficit
  • 1,000 Hectares: Expansive land area for comprehensive city planning
  • Affordable Pricing: Focus on low-income earners and middle-class families
  • Phased Development: Strategic implementation through Pricewise Home Nigeria Limited

Author: Joshua Nwamuoh