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Tag Archives: affordable housing

Amosun Presents N200bn Budget, Affordable Housing & Urban Renewal To Gulp N26.567billion

Keep your C of O safe- Amosun to applicants

The Ogun State governor, Ibikunle Amosun, on Tuesday presented a budget proposal of N200.3 billion to the state House of Assembly for the 2016 fiscal year. He said the budget sum would be judiciously used to execute his administration’s five cardinal programmes, stating further that while education would gulp N40.170billion, representing 20.06 per cent, N14.346billion (7.16per cent) would be spent ...

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‘We cannot take loan at 28% interest rate and provide affordable housing’

'We cannot take loan at 28% interest rate and provide affordable housing'

Dr Aliyu Oroji Wamako is the vice president of Real Estate Developers Association of Nigeria(REDAN) and CEO of Jedo Investment Limited. In this interview with Chika Okeke, he spoke on issues affecting the built industry and why it would be difficult for the private sector to provide affordable housing. Read below: Stakeholders are optimistic that it will take government next ...

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Solving The Problem Of Affordable Housing In Nigeria

Solving The Problem Of Affordable Housing In Nigeria

Solving The Problem Of Affordable Housing In Nigeria Rolling out mind boggling policies capable of solving identified problems in the housing and other sub-sectors problem has been lack of sincerity of purpose by successive governments to implement the policies, George Okojie writes More worrisome is that the trend has continued under governments that lay claims to democratic credentials despite the ...

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Kano state governor to provide affordable housing

Kaduna affordable housing

Kano State Governor, Abdullahi Ganduje, has reaffirmed his administration’s commitment to providing affordable housing, compulsory primary education and improved health care, as part of plans to transform the state. To achieve these objectives, the Governor has tasked all political office holders and top government functionaries to shun corrupt practices and work closely with each other on the best means of ...

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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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Kamloops, Canada: Province team up for affordable housing

Four years after they were first tapped for affordable housing, three City of Kamloops properties are today closer to hosting low-income residents. The city and provincial government announced on Tuesday they have reached an agreement to put up to 98 units of affordable housing at 1685 and 1940 Pacific Way in Aberdeen and 1050 McMurdo Drive in South Kamloops. The ...

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Makoko: Back under the radar

With a population of about 21 million people, the second fastest growing city in Africa, yet Lagos happens to be the smallest city in Nigeria with a vast area of wetlands. The implication of this is that, a fraction of the population stay on water or along it, while others who are not entirely human may prefer to dwell in ...

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Mortgage bank in partnership to meet housing needs of Nigerians

Restructure mortgage system, Prof. Nubi Urges FG

Just Shelter & Allied Products Limited has developed 14 blocks with six three-bedroom flats in each block at David’s Court Estate Arepo, Ogun State. In an effort to meet the housing needs of Nigerians through mortgage creation, Resort Savings and Loans Plc., a mortgage bank with headquarters in Lagos begins a business collaboration with Just Shelter & Allied Products Limited ...

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Tanzania: CBA partners real estate firm for housing loans

CBA Bank Tanzania has inked an agreement with Chinese real estate developers, Avic International Real Estate to provide loans at affordable interest rates for buying houses. Speaking after signing the agreement in Dar es Salaam at the weekend, the CBA Executive Director, Mr. Julius Mcharo, said the deal provided the opportunity for Tanzanians to own high quality houses built by ...

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Plastic bottle house turning trash into affordable housing

In the United States alone, more than 125 million plastic bottles are discarded each day, 80 percent of which end up in a landfill. This waste could potentially be diverted and used to construct nearly 10,000, 1200-square-foot homes (taking in consideration it takes an average of 14,000 plastic bottles to build a home that size). Many believe this process could be ...

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