This strategic move has unlocked 324 housing units located in Kwankwasiyya, Amana, and Bandirawo Cities, which have been handed over to the Kano State Housing Corporation (KSHC) for management and sale.
The payment of ₦4.5 billion, which includes a 10% profit of ₦400 million to the Pension Funds Trustees, was made through the Kano State Housing Corporation.
This settlement ensures that pensioners' entitlements are fully protected, while also providing the state with an opportunity to recoup funds through the sale of the housing units.
During the official handover ceremony, the Managing Director of the Kano State Housing Corporation, Alh. Abdullahi Rabiu, emphasized the Corporation's commitment to providing habitable housing units for Kano's growing population. He described the development as a major turning point in the state's housing delivery framework.
The Chairman of the Pension Funds Trustee, Alh. Habu Mohammad Fagge, formally handed over the houses to the Managing Director of the Kano State Housing Corporation. He noted that the transfer was made possible after Governor Yusuf's administration cleared the backlog of pension funds.
This achievement reflects the governor's visionary leadership and people-centered governance, combining social welfare with prudent financial management to safeguard the future of both residents and pensioners.
The Kano State Government assures the public that the Housing Corporation will commence a transparent process of disposing of the units to qualified buyers, thereby recouping funds for the state and strengthening confidence in government accountability and reforms.