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Tag Archives: affordable housing in Nigeria

West African Ceramics proffer solutions to housing challenges

housing challenges

“West African Ceramics Limited, leading tile manufacturer, joined other stakeholders in the public and private sector of the housing economy to discuss and proffer solutions to housing challenges in the country at its platinum sponsored 11th Abuja Housing Show.”- Business Day In alignment with the theme of the show- ‘Solving Africa’s Housing Challenge through Innovative Finance and Infrastructure Solutions’ the ...

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FMBN, REDAN Sign $2bn MoU to Provide Affordable Houses

housing deficit probems

The Federal Mortgage Bank of Nigeria (FMBN), Shelter Afrique and Real Estate Developers Association of Nigeria (REDAN), have signed a $2 billion Memorandum of  Understanding to provide affordable housing for Nigerians. New Telegraph reports that Mr. Richard Esin, the Acting Managing Director of FMBN, said the  MoU was the first critical journey aimed at providing affordable housing for Nigerians. The ...

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#ShelterMatters: Is There Really Affordable Housing In Nigeria?

#ShelterMatters: Is There Really Affordable Housing In Nigeria?

“One of human basic needs that have continued to attract universal attention is the need of house. Unlike shelter which seems narrower in definition, housing is “more than just a shelter”, this is because it cuts across all the social services and activities that go to make a community or neighbourhood a liveable environment. Thus, housing does not only satisfy ...

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Affordable Housing in Nigeria: Myth or Reality?

Housing sector

Is affordable housing in Nigeria a myth or reality? The development and progress of any given society depends largely on how well the basic needs of the people are guaranteed or satisfied. This cannot be possible unless practicable and effective policies are put in place to satisfy these basic needs. One of human basic needs that have continued to attract ...

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Major factors hindering delivery of affordable housing in Nigeria

Solving The Problem Of Affordable Housing In Nigeria

Managing Director, Oladele Construction Company Limited Isiaka Oladele said lack of funding and enabling environment are the major factors hindering the delivery of affordable housing in Nigeria. Oladele who stated this in an interview with Daily Trust blamed the government for not creating the necessary environment for building and construction industry to strive like in other developed countries in the ...

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‘Costs of building material, retail financing, others, truncate affordable housing in Nigeria’

affordable housing

Experts in the real estate sector have listed reasons why affordable housing has remained elusive in the country despite efforts from both the public and private sectors. This has become a major concern for the stakeholders in the housing sector as the same factors continue to truncate mass housing drive in the country. According to the managing director UACN Property ...

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