Nigerian Army's Affordable Housing Initiative for Personnel

Strategic Insights -

The Nigerian Army's Chief of Army Staff, Lieutenant General Olufemi Oluyede, has reaffirmed the army's commitment to providing quality and affordable housing for its personnel. The Affordable Home Ownership Option for All Soldiers (AHOAS) is a flagship program aimed at addressing post-service housing needs for officers and soldiers. The initiative is designed to ensure that troops are well-motivated during service and adequately catered for in retirement.

Key Takeaways:

  • The Nigerian Army's Affordable Home Ownership Option for All Soldiers (AHOAS) is a flagship program aimed at addressing post-service housing needs for officers and soldiers.
  • The program has so far delivered 400 housing units in Idu, Abuja, with keys handed over to beneficiaries, including a designated percentage allocated free to wounded-in-action soldiers.
  • The scheme features two-bedroom flats priced at about N7.8 million and three-bedroom units at approximately N8.5 million, with a long-term mortgage arrangement allowing repayment over 15 to 25 years.
  • Most soldiers enroll under the long-term mortgage plan, which allows deductions from their salaries over time.
  • Post-Service Housing Development Limited (PHDL) is working strictly under quality assurance protocols to prevent cases of substandard construction or building collapse.
  • PHDL is not just building houses; they are building confidence, stability, and security for personnel and their families.
  • Quality is not negotiable, with PHDL insisting on delivering only the best for its personnel.

Statistics:

  • 400 housing units delivered under the AHOAS scheme in Idu, Abuja.
  • 2-bedroom flats priced at about N7.8 million.
  • 3-bedroom units priced at approximately N8.5 million.
  • Long-term mortgage arrangement allowing repayment over 15 to 25 years.
  • Average cost of a housing unit under the AHOAS scheme is unknown.

Sources:

  • Nigerian Army's spokesperson
  • Post-Service Housing Development Limited (PHDL) Managing Director and Chief Executive Officer, Major General Isaiah Allison