EXCLUSIVE: Jonathan to Secure World Bank $300 million (about N46 billion) housing Loan for Mortgage Bank

In the face of continuous security challenges facing the nation, President Goodluck Jonathan, who yesterday unveiled the 200 units of three-bedroom flats constructed for officers and men of the police force in Lagos, said such welfare measure would boost the commitment of the officers in securing the nation.

This is just as he said that Nigeria was securing World Bank loan of $300 million (about N46 billion) for Mortgage Bank to address the general housing challenge in the country.

Jonathan arriving Lagos today

The 200 unit of three-bedroom flats which was named ‘Goodluck Jonathan Housing Estate’’ and located in Idimu, Alimosho Local Council Development Area (LCDA) of the state is targeted at catering to the housing needs of police officers at a subsidised rate.

To celebrate the auspicious moment were the Chief of Defence Staff and the Chief of Air Staff, Admiral Ola Sa’ad Ibrahim and Air Vice Marshal Alex Badeh respectively and the Ministers of Police Affairs and Trade and Investment, Navy Captain Caleb Olubolade and Olusegun Aganga respectively.

Others were the Chairman, Police Service Commission, Mike Okiro (IG Rtd) and the Oba of Lagos, Oba Rilwan Akiolu 1 as well as one of the Directors of the State Security Service, Ben Achu-Olayi.

While stressing that there was no slacking in security issues, he said seeing to the welfare, one of such which is housing, of the officers would serve as a moral booster and in essence drive the desired result as regards the officers living up to their responsibilities.