Glimmer of hope is beaconing towards solving problems confronting the nation’s built environment as professionals in the sector have entered into strategic move to address the problem. One of the rewards of such move was the call for the establishment of Nigerian Construction Industry Development Board (CIBD), which they said would be saddled with the roles of; formulating, implementing, regulating ...
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High cost of Building materials is a major cause of housing deficit – NIOB
Lagos – Mr Kenneth Nduka, the President of Nigerian Institute of Building (NIOB), on Monday identified costly building materials as a factor constraining housing development in the country. Nduka made the observation while speaking with the News Agency of Nigeria (NAN) in Lagos. “There is the need for the Federal Government to encourage production of building materials by placing restrictions ...
Read More »Dogara advocates private sector participation to tackle housing deficit in Nigeria
Speaker of the House of Representatives, Hon. Yakubu Dogara has called for increased private sector participation in order to address the national housing deficit and pledged the commitment of the House towards enacting the required legislation. Speaking at a public hearing by the House Committee on Housing on a motion and four bills related to the National Housing Fund and ...
Read More »Developing Diaspora cities in Nigeria: no place like home
With one of the largest Diasporas in the world, Nigeria is trying to charm its citizens overseas to invest into the country’s property market through the Nigerians in Diaspora Housing Programme (NIDHOP), through which ‘Diaspora cities’ will be created across the country. The Nigerian Diaspora totals 15 million around the world, according to Abike Dabiri-Erewa, Senior Special Assistant to the ...
Read More »Sterling Bank partners Sterling Court on Housing Provision
In its bid to reduce the widening housing deficit in the country, Sterling Court Development, a Pubic Private Partnership Development initiative in collaboration with Lagos State Government through Agboyi-Ketu Local Council Development Area, in financial partnership with Sterling Bank Plc, is set to offer a solution to the acute housing shortage being experienced in the nation particularly in Lagos State ...
Read More »Why Housing Shortage Persists in Lagos
Decent and affordable housing is one of the basic needs of individuals, family and the community at large. In this piece, we look at the problems associated with housing delivery in Lagos. Despite her huge potentials, why do you think housing shortage persists in Lagos? As a pre-requisite to the survival of man, housing ranks second only to food. Housing ...
Read More »Olusegun Obasanjo to Inaugurate ‘Smart Houses’ to Bridge Housing Deficit
“The festering question over whether affordable houses for Nigerians is a reality or myth was put to rest and beyond any iota of doubt, recently in Abuja when River Park Estate launched over 3,000 structures comprising of different units of houses to bridge the housing deficit in Nigeria.”- This Day The River Park Estate project, which occupies a 501 hectares ...
Read More »Osinbajo says Nigeria’s housing deficit is too high
“Nigeria’s housing deficit is too high to be acceptable, Vice President, Prof. Yemi Osinbajo, has said.”- Punch Osinbajo who spoke at the 2017 Housing Summit in Abuja on Tuesday said, although, no nation had been able to provide all the housing needs of its citizens, the housing crisis in developing countries including Nigeria was very bad. The Vice President, who ...
Read More »How Homelessness affects Children
According to recent estimates, there are about 108 million Nigerians technically homeless. Often discernible from others in outward appearance, homeless children and youth face unique challenges associated with residential instability that compound many other difficulties associated with living in poverty. In this article, we shall look at how homelessness affects children What Is Homelessness? Homelessness includes a range of experiences, ...
Read More »Sterling bank’s partnership with developers to reduce huge housing deficit
“The huge housing deficit level in Nigeria’s housing sector is worrisome. As at 2012, experts estimated the deficit to be at a minimum of 17 million units and recently raised an alarm that the figure could be up to 20 million units if a proper investigation of the state of affairs in the sector is undertaken. Worse still, experts say ...
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