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Tag Archives: Housing deficit

Sterling Bank partners Sterling Court on Housing Provision

sterling bank

In its bid to reduce the widening housing deficit in the country, Sterling Court Development, a Pubic Private Partnership Development initiative in collaboration with Lagos State Government through Agboyi-Ketu Local Council Development Area, in financial partnership with Sterling Bank Plc, is set to offer a solution to the acute housing shortage being experienced in the nation particularly in Lagos State ...

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Why Housing Shortage Persists in Lagos

Housing Shortage in Lagos

Decent and affordable housing is one of the basic needs of individuals, family and the community at large. In this piece, we look at the problems associated with housing delivery in Lagos. Despite her huge potentials, why do you think housing shortage persists in Lagos? As a pre-requisite to the survival of man, housing ranks second only to food. Housing ...

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Osinbajo says Nigeria’s housing deficit is too high

Nigeria’s housing deficit

“Nigeria’s housing deficit is too high to be acceptable, Vice President, Prof. Yemi Osinbajo, has said.”- Punch Osinbajo who spoke at the 2017 Housing Summit in Abuja on Tuesday said, although, no nation had been able to provide all the housing needs of its citizens, the housing crisis in developing countries including Nigeria was very bad. The Vice President, who ...

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How Homelessness affects Children

Homeless Children

According to recent estimates, there are about 108 million Nigerians technically homeless. Often discernible from others in outward appearance, homeless children and youth face unique challenges associated with residential instability that compound many other difficulties associated with living in poverty. In this article, we shall look at how homelessness affects children What Is Homelessness? Homelessness includes a range of experiences, ...

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Developer proffers solution to housing deficit problems

housing deficit probems

According to The Tide, a  Port Harcourt-based property developer, Philemon Okwudu says the solution to addressing the housing deficit problems in Nigeria is through the availability of land. Okwudu reasoned that if the country’s housing needs must be met then land should be made available for real estate development. He noted that presently, according to the Land Use Act, all ...

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Housing deficit: shortcoming of the government

Housing deficit: shortcoming of the government

“For about three decades, housing deficit in the country has caused a lot of Nigerians untold hardship worsened by the inability of government at all the levels to match their words with actions.” –The Sun But the federal and state governments had in the past muted the idea of making tenants pay one year tenancy to landlords. This policy, no matter ...

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Senate panel partners Abuja magazine on ‘Housing Stock Deficit’

Senate panel partners Abuja magazine on 'Housing Stock Deficit'

“Housing Circuit Magazine in conjunction with the Senate Committee on Lands, Housing and Urban Development, National Assembly is hosting a two-day Conference on: Addressing Housing Stock Deficit in Nigeria: A Holistic View.”- The Guardian This brainstorming event is scheduled to hold at the Abuja Sheraton Hotel and Tower from September 26 -27. The Conference, according to the Clerk of the ...

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Unmasking the Future of Real Estate in Nigeria

Dr Okonkwo says real estate industry needs financing like others

As professionals and stakeholders in the Nigerian Housing Sector has always clamoured , there is no platform as strong and promising for the transformation of the Nigerian economy as the real estate/ housing development sector. In this article we unmask the future of real estate development in Nigeria. The potentials of real estate are so huge, one only needs to ...

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