Qietur Limited to develop affordable housing for NASENI staff

Qietur Limited has officialy signed a significant offtake agreement with the National Agency for Science e and Engineering Infrastructure (NASENI) to undertake the development of residential housing estates for its staff across Nigeria, under a mortgage-backed owner-occupier scheme in collaboration with Family Homes Fund Limited.

The agreement is aimed at addressing the housing deficit while improving access to affordable housing across locations in Abuja, Kano, Minna, Enuqu and Nnewi.

This partnership reflects a critical milestone in Nigeria’s efforts to improve the living standards

of its workforce while simutaneously contributing to economic growth through infrastructure development.

One of the locations of the new housing estates will be on unencumbered land in Jibi, Behind Mopol Barracks, Dei-Dei, along Kubwa Expressway in Abuja, and will cater to staff interested in affordable homeownership.

Dr. Abiola Oyedotun, CEO of Qietur Limited, expressed his optimism about this partnership:”This agreement represents a bold step toward bridging the housing gap in Nigeria. With the support of NASENI and Family Homes Fund, we are going beyond developing homes, we want to create sustainable communities that will contribute to the socio-economic well-being of our people.

“This initiative will provide NASENI staff with the opportunity to own homes and improve their

quality of life, while also boosting the construction sector and communities in the area.”

The comprehensive housing plan will feature state-of-theart designs and modern infrastructure,

focusing on energy efficiency, environmental sustainability, and community-based services such as marketplaces, resorts and green areas.

NASENI’s Coordinating Director, Planning and Business Development, Dr. Mrs Nonyem Onyechi

said that this partnership with Qietur Limited attests NASENI’s commitment to the welfare of its staff and our belief in innovative, forward-thinking solutions to Nigeria’s housing challenges.

These housing estates will offer our staff the stability they deserve, allowing them to contribute

more effectively to the agency’s mission of driving technological development in Nigeria.

The Offtake Agreement aligns with NASENI’S strategic vision of foster ing industrial and

technological growth by ensuring that its staff are well-supported and have access to essential living resources.

The mortgage-backed scheme wll ensure affordability and ease of access for staff across different income levels.

This project is expected to boost local economies, create job opportunities in construction and related sectors, and provide a model for publicprivate partnerships in Nigeria’s housing sector.