Improving on efforts to deliver more affordable housing units and reducing the housing deficit in the country, the Federal Government of Nigeria has taken a giant step by collaborating with an estate development agency. The Federal Government of Nigeria and BASAP Ventures International Limited/ JS Neoplans & Artemis Angel Global Limited on Tuesday signed a Memorandum of Understanding for the ...
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Ministry of Housing says it has reduced housing deficit
The Federal Ministry of Lands, Housing and Urban Development has said it has reduced housing deficit, improved quality of houses and increased affordability of houses in Nigeria. According to an interview with Daily Trust last week, the Minister of Lands, Housing and Urban Development, Mrs Akon Eyakenyi pointed out that in the last four years, the ministry has provided 61,000 ...
Read More »Innovative strategies for housing in Nigeria
Reducing housing deficits requires a number of essential ingredients to be in place to ensure a well-functioning housing finance system. This means achieving macroeconomic stability, effective legal and regulatory infrastructure, and ensuring appropriate levels of government intervention and support. In Nigeria with its underdeveloped housing finance systems or systems that only provide access to finance for high-income households, forcing low-income ...
Read More »FG inaugurates new boards for FHA
The Federal Government, last weekend inaugurated the Technical Board, TB and Interim Management Board, IMT, of the Federal Housing Authority, FHA, with a charge to turn around the dwindling fortunes of the authority in the next 18 months. The Government said it is dissatisfied with the performance of the agency which has failed to fully achieve its mandate since inception ...
Read More »FG moves to upgrade slums in Nigeria.
Under fresh efforts to ensure sustainable development, the Federal Government has announced plans to redefine and scale up slum upgrading efforts toward confronting challenges of expanding urban areas in the country. In the renewed action plan, the government is also proposing a vibrant platform to give a voice to the growing segment of slum communities, which would also act as ...
Read More »Architects Council gets Government support
The Federal Government has inaugurated a 49-member team for the Architects Registration Council of Nigeria (ARCON), with a promise to provide necessary guidance and support towards promoting the development and growth of architectural profession in the country. Minister, Lands, Housing and Urban Development, Mrs. Akon Eyakenyi who inaugurated the council in Abuja, last week, said the new council has qualified ...
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