The Kogi State
Property and Investment Company Ltd (KOPIC) says it has secured a N1.7
billion loan to build 350 housing units in Lokoja, the state capital.
Its Sole
Administrator, Moses Okino, said on Wednesday in Lokoja that the loan
was sourced from the Federal Mortgage Bank of Nigeria.
Mr Okino said that
vast land had already been acquired for the project at Felele area of
the city. He said that the houses, which would come in two, three and
four-bedroom flats, would be allocated on owner-occupier basis.
