Home » Real Estate » Experts urge Buhari to prioritise mass housing development

Experts urge Buhari to prioritise mass housing development

Some operators in the housing and construction industry have congratulated President Muhammadu Buhari on his re-election, tasking him to approach the issue of housing, especially mass housing, with all seriousness.

The experts told the newsmen in Lagos that the president had not done much in tackling the nation’s housing shortfall which stood at 17 million in spite of his remarkable achievements in about four years.

Mr. Adelaja Adekanmbi, Chairman, Nigerian Institute of Building (NIOB), Lagos Chapter, called for a serious review of the Federal Government housing policy in providing housing for the masses.

Adekanmbi said President Buhari should remember his campaign promise to make housing affordable to the people, noting that his administration did not do much in the period under review in that direction.

He pointed out that the huge deficit in the housing sector was worrisome and therefore stressed the need to address the matter with utmost urgency.

“President Buhari should without any further delay; take drastic action in the provision of mass housing for Nigerians who are in dire need of low-cost houses,” he said.

Mr. Markinde Ogunleye, former Chairman, Nigeria Institute of Town Planners (NITP), suggested that President Buhari should constitute a high powered committee to look into the problem bedeviling the housing sector with a view to fashioning out a road map for the sector.

While admitting that there was already an existing committee on housing set up by the government, Ogunleye added that the existing committee may be fused into the new one.

“The committee should comprise of intellectual professional stakeholders in the built environment who can strategise on growing the sector,” he said.

Contributing, Mr. Olayinka Omotosho, former Chairman, Royal Institution of Chartered Surveyors (RICS), urged government to allow more of the private developers to get involved in the process of driving the housing sector if it was desirable of tackling the housing shortfall.

“There are thousands of houses built in major cities of the country but they are not affordable to many Nigerians because the houses are built by profit-oriented private investors.

“All government needs do is to provide the enabling environment and other necessities, that will aid operation of the private operators.

Credit: Daily Trust

Leave a Reply

Your email address will not be published. Required fields are marked *