The Federal Government has restated its commitment to consolidate reforms in the housing sector to address the huge housing deficit in the country.

President Goodluck Jonathan made the declaration at the commissioning of the Federal Mortgage Bank of Nigeria (FMBN) Aviation Village, Abuja, a N2.4 billion mass housing project of 270 flats.

He commended the Ministry of Lands, Housing and Urban Development and FMBN for initiating and financing the Aviation Village project, which he described as one of the products of the reforms in the housing sector.

The President pointed out that the recommendations of the 2011 housing retreat he hosted in Abuja were being implemented and results emerging.

Besides, the National Policy on Housing adopted by the Federal Executive Council (FEC) in 2012 is also driving the reforms as housing financing institutions are being strengthened to increase their capacity to be more useful to low income earners, he noted.

Also launching the National Housing Fund (NHF) e-card scheme, the President said that it was an effective tool for contributors to the NHF to easily assess and monitor their contributions and transactions with the Fund.

He said that it was part of his administration’s objectives to promote openness in government business, boost contributors’ confidence, and encourage defaulters to start complying by making their contributions as and when due.