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Govt set to fully repossess, capitalize National Housing
May 11, 2021 Written by John Musinguzi
Government has embarked on a process of fully repossessing National Housing and Construction Company, after which it will capitalize the company to be able to put up many affordable housing units.
This was stated by Dr Chris Baryomunsi, state minister for Housing, on Friday, May 7, 2021, at Office of the President auditorium. He was presenting the report of accountability on the lands, housing and urban development sector performance in regard to the pledges made in the NRM Manifesto 2016-2021.
Baryomunsi said because of the problems that followed the change of government in Libya, the 49 percent shares owned by L