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Architect Ezekiel Nya-Etok, the Principal Partner of Novone Consult Limited, a firm handling the pilot of the Federal Government Social Housing Scheme, has said the cost of a house unit in the estate, with full onsite infrastructure, is the lowest in the country.

Explaining details to journalists recently at Ikot Ntuen Nsit, site of the Housing Estate, Arc. Nya-Etok said a 3-bedroom semidetached bungalows with guest toilet is estimated between N7million and N8million introductory price.

“N7million will be for those who won it through balloting process 10 years ago. For the civil servants, they will get it at the cost of N7.5million because of the role played by the state government in donating the land. N8million is the cost price for the general public,” he explained.

He said the low cost was his retirement contribution to the society, according to him, “I have reached my retirement age and since I will be living in this estate and my firm managing the facilities, I want this to be my legacy.”

Arc. Nya-Etok said the Estate project has the collaboration of Akwa Ibom State Government and the Niger Delta Development Commission (NDDC), adding “This will be the most beautiful and prime estate in South of Nigeria. We are working with Family Home Funds (FHF) to see firsthand buyers but people should not wait for everything to be packaged for them. They should take advantage of this opportunity now.”

“To own a unit of flat in the estate, interest buyer has to make 10 percent down payment as deposit to be enlisted. With 30 percent down payment, the individual will be given a direct allocation to his or her unit of flat. Information on this is available on,” he explained further.


He briefed the journalists of the visit of the Minister of Power, Works and Housing, Babatunde Fashola (SAN) and his full technical team to the site to assess the level of work done, adding that they were impressed.






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