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Tag Archives: affordable housing

Plan for affordable housing in the FCT

affordable housing

The discussion for affordable housing will continue to occupy the centre stage so long as available houses continue to remain unaffordable, while housing demand and deficit are constantly rising. The projection of IPA could not have been more accurate when it foretold the ultimate population of Abuja City to be 3.1 million, and the entire territory with the regional areas ...

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Experts urge technology adoption for affordable housing

affordable housing

At a time when macroeconomic and political forces are aggravating the challenges of affordable housing in Nigeria, experts are seeing technologies, including formwork construction as means to reduce costs and expand housing access. They believe that government and private sector partnership in housing construction could sway the interest of the medium and low-income earners in homeownership. Alpha Mead Group Chairman, ...

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Experts canvass improved funding for affordable housing


To bridge the housing deficit, some players in the sector have canvassed the need for authorities to build decent and affordable houses for the low and middle-income groups. They say, making funds available to real estate developers and mortgage institutions to develop low-cost houses for the masses can bring a change to the industry. They also said if that was ...

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Accessing funds go beyond applying to the bank – Adeniyi Akinlusi

Adeniyi Akinlusi

Mr. Adeniyi Akinlusi has over 20 years of extensive experience in leadership positions in banking, strategic leadership, corporate turnaround, and transformation. He is currently the Managing Director/Chief Executive Officer of TrustBond Mortgage Bank Plc. (formerly Intercontinental Homes Savings & Loans Plc.) Read his interview with Nigeria real estate hub below NREH: How can developers access funds through mortgage? Mr. Adeniyi ...

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Ogun begins construction of low-cost houses for residents

Ogun State Governor

The Ogun State Government has begun the construction of mass housing estates in Abeokuta and other parts of the State to provide decent houses to the pe ople at affordable prices. Speaking at the Thanksgiving and Praise Worship in honour of his victory at the governorship election tribunal, held at the June 12 Cultural Centre, Kuto, Abeokuta, Governor Dapo Abiodun ...

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‘Real estate sector can tackle unemployment’

real estate sector

Government at the state and federal levels has been urged to partner with stakeholders in Nigeria’s real estate sector to reduce housing challenge and also tackle unemployment in the country. Making the call in Lagos during the unveiling of a multi-storeyed luxury apartment and office complex jointly built by Arkland Properties and Investment Company Limited and Amlad Group at Eko ...

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AIHS to host 40,000 participants

Abuja international housing show

The long – awaited Abuja International Housing Show (AIHS) would kick off today, with over 40, 000 participants and 400 exhibitors from different countries. The 13th edition of AIHS would be presenting a premium platform of learning and networking for all stakeholders in the housing and construction. The event, expected to hold from 23 to 26, July, 2019, at the ...

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Real estate summit to address housing finance challenges, others

real estate summit

The 2019 Nigeria Real Estate Summit and Expo is set to provide the platform for stakeholders to discuss and find lasting solutions to housing challenges in the country, the organisers have said. Over 100 leading Nigerian real estate companies and their counterparts from Ghana, South Africa, United Kingdom and UAE had indicated interest to participate, the head of the organising ...

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FG launches new technology to reduce building cost


In a bid to reduce incidents of building collapse in the country, the federal government has introduced an emerging technology in building process. The new technology known as Pozzolana comprises materials with property of cement and offers 40 per cent cement replacement in building construction. Onu Speaking while commissioning the National Building and Road Research Institute NBRRI, Pozzalana Pilot Plant ...

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Real estate experts task FG on practicable housing policy, others

real estate

Operators in the Nigerian real estate development industry, say that there is a need to look at the sources of financing construction of housing to make life meaningful for Nigerians and also make housing affordable for all. Director of Locke Homes Properties Ltd, Idowu Bakare, stated this on Tuesday while presenting the key to a 3-bedroom flat at the Gold ...

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