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Housing deficit: Sanwo-Olu offers developers 50 hectares of land

Lagos State Real Estate Market Place Conference and Exhibitions

Gov. Babajide Sanwo-Olu of Lagos State on Tuesday, December 7, 2021, promised developers within the state 50 hectares of land for construction of housing units, as part of efforts to reduce deficit in the state. Gov. Babajide Sanwo-Olu (centre) at the opening of the Second Edition of the Lagos State Real Estate Market Place Conference and Exhibitions Sanwo-Olu made the ...

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Expert advocates for timber modular model to address housing deficit

Timber modular housing

A building expert, Dr Babatunde Alarape, has advocated for adoption of a timber modular housing model as an alternative means of cushioning the effect of housing deficit in the country. Timber modular housing Alarape made the call at the African Institute for Science Policy and Innovation (AISPI) 2021 Biennial International Conference, on Monday, July 12, 2021 in Ile-Ife, Osun State. The ...

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Anambra plans massive housing construction to reduce deficit

Awka, capital of Anambra State

The Anambra State Ministry of Housing on Monday, July 13, 2020 said the construction of 10,000 to 20,000 new houses yearly would reduce the housing deficit in the state. Awka, capital of Anambra State The Commissioner, Mr Michael Okonkwo, said this while defending the ministry’s financial transactions in 2019 before the State House of Assembly Committee on Public Accounts. Okonkwo ...

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Deficit: CBN, NHFP launch housing finance scheme

Godwin Emefiele

The dream of many Nigerians across all strata of the economy to own their own homes is at the verge of becoming a reality. This is even as, concerned by the nation’s housing deficit due to inadequate access to housing finance, the Nigeria Housing Finance Programme (NHFP), implemented by the Central Bank of Nigeria (CBN), has launched what it christened ...

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Nigeria’s housing crisis: Fact and fallacy

Estate

The arresting headline in the June 3, 2016 edition of EnviroNews titled “Housing crisis looms with 17 million deficit,” must have scared the hell out of readers, nay other compatriots at this time when Nigeria is fighting so many wars both declared or undeclared. From Boko Haram to the Niger Delta Avengers coupled with the problems of corruption, kidnapping, economic ...

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Housing crisis looms with 17 million deficit

Babatunde-Fashola

President Muhammadu Buhari has raised an alarm over the housing crisis that is staring Nigeria in the face with housing deficit of 17 million. He made it clear that the country requires one million houses annually to be able to weather the storm of the housing challenge. The President who spoke through the minister of the Federal Capital Territory (FCT), ...

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