Skip to main content

Nigerian firm to build 100 000 housing units in Liberia


Liberia’s National Housing Authority (NHA) and Chaste Mutual Investment Limited of Nigeria have reached a deal for the construction of 100,000 housing units.According to the Memorandum of Understanding signed between the two institutions, Chaste Mutual will provide financial and technical support towards the construction of the housing units, while the NHA will be responsible for the architectural work.
At the signing of the pact Tuesday, NHA’s officer-in-charge Tonia D. Johnson represented her institution, while Chaste Investment Chief Executive Officer, Dr. Ayo Olatunde was there for his firm.
Madam Johnson welcomed such investment to construct “affordable” homes for Liberians, noting that the NHA will work along with the Ministry of Internal Affairs to acquire lands in Grand Bassa and Margibi counties for the implementation of the project.


She expressed excitement about the interest of investors who want to work with the NHA which would enable it live up to its responsibility to develop and implement integrated housing programs.
In remarks at the signing ceremony, Dr. Olatunde said the agreement is in fulfillment of the Liberian government’s Pro-Poor Agenda for Prosperity and Development, stating that Chaste has the capacity and experience to develop housing units as anticipated by the government of Liberia.

Comments

Popular posts from this blog

Africa's Mega Star Don Jazzy Gives Liberian Super Star Bucky Raw an Accolades on the Success of his New Album

The success of Bucky Raw's latest album 'Cs2' is taking over the internet.  The Trapco king Album gained the #1 spot on iTunes World Music chart.  One of Africa's biggest music producer, Don Jazzy has joined in on the celebration.  He gave Bucky Raw a shout out recently on his Instagram.  Congrats Bucky.  

Liberia: Stunna In Negotiation For $1Million Deal With Universal Music

The rumor is true.  Speaking with Liberian musician Stunna management this morning, it has being confirmed that Stunna and his team are negotiating with Universal Music to take on the artist.  His team did not confirmed the exact amount, because negotiation is still in process, but it has been said that $1million was the first offer.  The global company's main rival is Temple Music, home to Nigeria's Iyana, who has worked with the Liberian artist in the past. But with Universal reportedly offering more than $1m for a six-year contract, it seem like Stunna is leaning towards Universal Music.  

Liberian Artist Bucky Raw Album Cs2 Hits #1 on iTunes Top 100 World Music Albums

Congratulations to Liberia's very own Trapco King, Bucky Raw, for making a major career achievement.  Bucky Raw Cs2 album just hit #1 on  iTunes top 100 most popular world music albums.
The Chart of the most popular and best selling world albums on iTunes was last updated: Sunday, September 2 2018, 2:00 pm.