Tag Archives: Housing deficit

According to The Tide, a  Port Harcourt-based property developer, Philemon Okwudu says the solution to addressing the housing deficit problems in Nigeria is through the availability of land. Okwudu reasoned that if the country’s housing needs must be met then land should be made available for real estate development. He noted that presently, according to the Land Use Act, all ...

“For about three decades, housing deficit in the country has caused a lot of Nigerians untold hardship worsened by the inability of government at all the levels to match their words with actions.” –The Sun But the federal and state governments had in the past muted the idea of making tenants pay one year tenancy to landlords. This policy, no matter ...

“Housing Circuit Magazine in conjunction with the Senate Committee on Lands, Housing and Urban Development, National Assembly is hosting a two-day Conference on: Addressing Housing Stock Deficit in Nigeria: A Holistic View.”- The Guardian This brainstorming event is scheduled to hold at the Abuja Sheraton Hotel and Tower from September 26 -27. The Conference, according to the Clerk of the ...

As professionals and stakeholders in the Nigerian Housing Sector has always clamoured , there is no platform as strong and promising for the transformation of the Nigerian economy as the real estate/ housing development sector. In this article we unmask the future of real estate development in Nigeria. The potentials of real estate are so huge, one only needs to ...

“Since 2006 when the United Nations Agency on Human Settlement (UN-HABITAT) made its declaration on housing deficit in Nigeria which it estimated at 17 million housing units, the figure has remained static as if the country is a stagnant society where there is neither increase nor decrease.” – Business Day But the Nigerian building and roads research institute (NBRRI) has ...

“The Speaker of the House of Representatives, Hon. Yakubu Dogara, has expressed concerns over  17 million housing deficits in the country, stating that a comprehensive review of the laws governing mortgages has become imperative.”- Pulse The Speaker who made the remarks  on Monday, July 17, 2017, in Abuja, when he declared open the 11th Abuja Housing Show, disclosed that the legislature ...

Housing is a basic necessity of life without prejudice for economic condition. In spite of this, suffice to say that an urban housing crisis exists in Nigeria, not forgetting the fact that housing problem is universal. In this article we take a look at the urban housing crisis in Nigeria One of the basic needs of man is shelter and ...

“The African Farmers and Cultural Organisation, a Non Governmental Organisation has said it will help the government to address the 17 million housing deficit in the country. The Organization has mapped out plans to provide 5.5 million housing units for Nigerians. The President and Founder of AFCO, Prince Chukwunwike Esiole, at the formal unveiling of the firm in Lagos said in ...

Caveat Emptor!…Buyer beware…this house is not for sale…beware of 419. These phrases are commonplace in Nigeria where buyers often times have less information about properties to be acquired. As far as shelter is concerned in Nigeria, it’s the survival of the fittest. One of the critical challenges to sustainable development in the developing countries wherein Nigeria belongs is the lack ...

“The Head of Service of the Federation, Mrs Winifred Oyo-Ita, has said that President Muhammadu Buhari, attaches great importance to meeting the housing need of Nigerians and in particular bridging the about 17 million deficit in the housing sector.”-Nigerian Tribune Speaking at a stakeholders meeting in Abuja, Oyo-Ita, said government was particularly concerned about the plight of most civil servants ...