Tag Archives: Housing deficit

Minister of Power, Works and Housing, Babatunde Fashola, SAN, has advocated for a synergy between the Public and Private Sectors in the country, describing such partnership as imperative in addressing the nation’s housing deficit. While speaking on the theme, “Expanding Access to Affordable Housing,” to a gathering of professional builders, investors and other stakeholders in in the Built Industry on ...

In 2010, the Lagos state government established Lagos Home Owners Mortgage Scheme popularly called Lagos HOMS to reduce the housing deficit of a state whose population stands at over 21 million. This article analysis the some of the pains and a whole lot of the gains of the scheme 6 years after the idea was conceived. Housing deficit and challenges ...

As the country continues to fight the problem of huge deficit in the number of houses available to the people, former Director General of the Subsidy Re-investment and Empowerment Programme, SURE-P in Niger State, Alhaji Hassan Nuhu, has said that adopting alternative technology in the construction of houses would go a long way to end the problem He suggested that ...

The Executive Director, Grenadines Homes, Mr. Adesope Adeyinka, has urged stakeholders in the nation’s real estate sector to see Nigeria’s housing need as cutting across various economic strata, adding that they should not be misguided by the belief in certain quarters that housing need is limited to the middle class. Mr. Adeyinka who disclosed this while speaking recently about the ...

The mass housing sector in Nigeria presently suffers from a housing deficit of over 17 million units and the numbers seem not to be heading for a decline anytime soon. This article is a sequel to last week’s article on “The emergence of dry construction in Nigeria“. Did you know that the real traditional African construction is dry? In the ...

Nigeria’s Vice President, Yemi Osinbajo, has said that the All Progressives Congress (APC) led government is fully committed to addressing the nation’s housing deficits. The Vice President also reiterated that the Buhari-led administration would deliver other promises made to Nigerians during the electioneering campaigns last year. Vice President Osinbajo made the statement while performing the foundation laying ceremony of 2,000 ...

The Ogun State Housing Corporation says it will tackle of housing deficit in the state this year by constructing more units at reasonable costs. A statement stated that the Special Adviser to the Governor on Housing Development, Mrs. Jumoke Akinwunmi, made this known during the corporation’s budget presentation before the state’s House of Assembly Committee on Finance and Appropriation. Akinwunmi ...

Against the backdrop of the widening housing deficit in the country the need for governments at the federal and state level to see the issue of housing as an urgent matter of concern and priority cannot be over stressed. Just last week, the immediate past Governor of Lagos state, Babatunde Raji Fashola (SAN) among other appointed Minsters, was assigned the ...

In this interview with Elsie Godwin of Nigeria Real Estate Hub, A registered member of Nigeria Institution of Estate Surveyor and Valuers (NIESV) and a chartered Estate Surveyor, Mr. Samson Agbato attributes the influx of quacks to the profession to the rate of unemployment in Nigeria. He also gives clear details on what it means to be a registered member ...

An Estate Surveyor and Valuer, a member and an associate in view of the National Institution of Estate surveyors and Valuers (NIESV), an associate member in the institute of strategic management of Nigeria (ISMN) whose background experience is spanning 8years in real estate and the Owner of Magnagate integrated Services, Mr. Femi Atoyebi, in an interview with Nigeria Real Estate ...