Senate President Ahmad Lawan says the National Assembly is willing to amend the Federal Housing Authority Act to boost efficiency of the regulatory agency, as well as ensure compliance by private estate developers to government policies.
Lawan stated this when the Managing Director of the Federal Housing Authority, Gbenga Ashafa, led a delegation on a courtesy visit to his office at the National Assembly, Abuja.
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Lawan said an amendment of the FHA Act was long overdue, particularly against the backdrop of addressing the realities of the housing business in Nigeria.
He advised the leadership of the Federal Housing Authority against proposing amendments to the Act that would allow the agency assume dual responsibilities of being an operator and regulator at the same time.
Lawan cautioned that doing so would be counterproductive to the realization of government policies and set targets.
Ashafa said the agency in its bid to provide affordable housing, came up with friendly policies that makes it easy for Nigerians to access housing funds.
