LAFARGE, FRENCH AGENCY, MFB SIGN N1bn HOUSING AGREEMENT

As part of effort to provide affordable housing to low income earners in the country, Lafarge Nigeria and the French Development Agency (Agence Francaise de development) have signed a N1bn agreement to provide accommodation for about 3,500 families.

The AFD said the N1bn credit line would be given to lapo microfinance bank limited to support the affordable housing programme, which will be jointly executed with Lafarge Nigeria.

The AFD country Director, Mr. Hubert Dognin, disclosed this during the signing agreement between the French agency, Lafarge Nigeria and Lapo  MFB for the pilot  phase of the project tagged: Ile Irorun in Sagamu.