Tag Archives: affordable housing

This is the second part of the interview we had with Mr Lookman Oshodi, project director of Arctic Infrastructure. You can read the first part here. In the second part of the interview we discussed how private sectors can come on board the housing strategies in Lagos state, the explosive population, self-help housing, housing problems in Lagos etc. Read the ...

According to Daily Post, the Real Estate Developers Association of Nigeria, REDAN, has threatened to take surveyors to court if the proposed increment in the cost of preparing survey plans for lands across the country is implemented. This was disclosed in a letter to Surveyors by Counsel to REDAN, Ebun-Olu Adegboruwa. Adegboruwa warned that such plan if implemented will result ...

“Mallam Ibrahim Aliyu is the chairman of Urban Shelter Limited and former managing director of Nigeria Industrial Development Bank now Bank of Industry. In this interview with CHIKA OKEKE, he regretted that 60 per cent of Nigeria’s housing stock was imported saying that over 70 per cent of workers rent houses. Many PMIs have been enmeshed in alleged corrupt practices ...

“Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, in this interview with select journalists in Maiduguri after a three-day tour of ongoing projects in the North-East zone, explains his vision of reconnecting Nigeria by roads, power and housing.  Honourable Minister, how would you react to the common notion that all Nigerian roads are bad? Well, I think that ...

According to The Guardian, Stakeholders in the built sector say the delay in passing the 2017 budget which is making uncertain the amount of money to be spent in the industry may impact negatively on housing delivery this year. The country has between 17million and 18 million housing deficit and will need one million houses yearly to fill the gap. ...

According to NAN, the Federal Government on Thursday ordered the suspension of work on the National Housing Scheme, Ado-Ekiti, Ekiti State. Mr Babatunde Fashola, the Minister of Power, Works and Housing, gave the ordered when he visited Ado-Ekiti on inspection of Federal Government projects in the state. He expressed dissatisfaction over the terrain, accessibility and the remote location of the ...

The Federal Government has concluded plans to float a mass-housing scheme for public sector workers in states in order to reduce the housing problem in the country. “Coming under a public private partnership, implementation of the scheme has reached an advanced stage. The project will be completed in the next three years.”- The Guardian Minister of State for Power, Works and ...

News according to Business Day has it that Kano State Government said it was on course to deliver 2,000 houses currently under construction for low income earners in the state. Governor Abdullahi Ganduje made the commitment in a message to the opening of the 96th Council Meeting of the Association of Housing Corporations of Nigeria held in Kano on Tuesday. Represented by his ...

“In the quest to deepen mortgage penetration and promote home ownership in Nigeria, Nigeria Mortgage Refinance Company Plc (NMRC) has signed a memorandum of understanding (MoU) with the Kaduna State government.”- Vanguard reports. The MoU covers various collaborations between NMRC and the state government in the latter’s determined and structured efforts to facilitate affordable home ownership for its citizens. Among ...

“The Trade Union Congress, TUC, has commended the Federal Government on waiver of the initial payment of 10 per cent housing equity on mortgages below N5 million from housing off takers. Bobboi Kaigama, TUC, President gave the commendation on Monday in an interview with the News Agency of Nigeria in Abuja. The Federal Government had recently approved that henceforth mortgages ...