Pension funds to address Nigeria’s housing deficit

According to Nigeria’s Ministry of Lands, Housing and Urban Development, the country needs about N59 trillion to address Nigeria’s housing deficit by adding two million units each year. Stakeholders believe Nigeria’s N4.7 trillion pension funds must play a key role in bridging the gap.

Kehinde Ogundimu, CFO, Nigeria Mortgage Refinance Company joins CNBC Africa to discuss how pension funds can be better utilised for housing.

Watch interview below: