BACKGROUND – ENABLING LAWS

The Federal housing Authority is a Federal Government owned Statutory Corporation established by Decree No. 40 of 1973, now CAP 136 of the Laws of the Federation 1990. Its operations commenced in 1976.

By a tripartite Performance Agreement executed in 1992 with the Federal Government represented by the then Federal Ministry of Works and Housing (FMW&H), and Technical Committee on Privatisation and Commercialisation (TCPC) now Bureau of Public Enterprises (BPE), Federal Housing Authority became a partially commercialised Public Enterprise.

GOVERNING LAWS

The Authority’s governing laws include the following:

a. Federal Housing Authority Decree No. 40 of 1973; now revised as CAP 136, Laws of the Federation of Nigeria, 1990;

b. National Housing Policy document of 1991;

c. Performance Agreement between Federal Government of Nigeria, Federal Housing Authority and Technical Committee on Privatisation dated 16th December, 1992; and

d. Bureau of Public Enterprises Act No. 78 of 1993.

BUSINESS/FUNCTIONS

Under the Federal Housing Authority Act CAP 136 Laws of the Federation 1990, FHA is broadly responsible for proposing and implementing the Federal Government’s housing programmes:

a. Preparation and Submission, from time to time of proposals for National Housing Programmes to Federal Government;

b. Making recommendations to Governments on such aspects of Urban and Regional Planning, Electricity, Sewage and Water Development as may be relevant to successful execution of housing programmes approved by Government.

By the 1991 National Housing Policy, FHA’s mandate were amended/elaborated upon to comprise the following:

a. Development of real estates on commercial and profitable basis in all States of the Federation;

b. Provision of Sites and Service Scheme for all income groups with special emphasis on low income groups in major cities of the country;

c. Provision of low income houses in all States and Federal Capital Territory from funds allocated by Federal Government.

The Performance Agreement with the TCPC now (BPE) spelt out the purpose of commercialising the Authority, which clearly identified and specified the overall mission, business strategies and the actions to be taken in order to achieve the true intentions of Government.