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Tag Archives: housing in Nigeria

Housing deficit: Real Estate Firm launches ‘The Palms & Residences’

population and habitation in Lagos

Owing to the situation of housing deficit in Nigeria, a Lagos-based real estate development company, Sage Homes, has launched a housing project known as The Palms Resort & Residences, a luxurious, resort-cum- residential upmarket development located in the Lekki Free Trade Zone area of Lagos State. Vanguard reports that the development, modeled on the iconic Palms Jumeirah in Dubai, covers five hectares ...

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ECCIMA raises alarm over increasing housing deficit in the South-East

18 million housing deficit

In a bid to reduce the high  cost of accommodation  in the South-East  geo-political zone, Enugu State Chambers of Commerce, Industry, Mines and Agriculture, ECCIMA, yesterday, made it known that its maiden Enugu State Housing Forum scheduled to start tomorrow, will bridge the gaps responsible for high cost of accommodation. Vanguard reports that ECCIMA explained it had brokered an arrangement with the ...

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N1trillion to be raised for housing – Osinbajo

Government on course on water supply, sanitation - Osinbajo

The Vice President of Nigeria, Prof. Yemi Osinbajo said on Tuesday, that Nigeria is working with stakeholders to raise one trillion Naira to provide affordable housing for Nigerians. According to Vanguard, the vice president said this at the 22nd Nigerian Economic Summit (NES) in Abuja, when he chaired a Roundtable on Job Creation, Skills and Employment at the summit. Vanguard reports that he said ...

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Nigeria’s housing problem is multi-dimensional – Prof Godwin Idoro

The Head of the Department of Building, University of Lagos, Prof. Godwin Idoro, has described as multi-dimensional the problems plaguing the housing sector in the country. Idoro, who spoke at the 10th Annual Project Management Lecture organised by the department, said the problem of housing and infrastructure in country affected the low-income earners most. He said, “The situation in Nigeria ...

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Innovative strategies for housing in Nigeria

African union for housing finance

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 ...

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FG woos investors with waivers on affordable housing.

Apparently worried by the high cost of housing delivery in Nigeria, the Federal Government has begun to woo key players and stakeholders in the public and private sectors of the economy with concessions and waivers that would enable them provide affordable housing to millions of homeless Nigerians. Indications to this effect emerged last week at one-day pre- summit for the ...

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Surveyors urges private sector’s cooperation in providing housing.

Members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) have urged the private sector to complement the efforts of the federal government in providing housing to the teeming populace. The estate surveyors made the plea during a press conference to usher in the National Housing Summit being organized by NIESV’s Faculty of Housing in Lagos on the theme: ...

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Building and Owning your Own Property Using NHF (NATIONAL HOUSING FUND)

The national housing fund is one of the ways by which we can access finance to purchase your choice property. It’s been anchored by the Federal Mortgage Bank of Nigeria. They distribute or loan out the money through the banks we call primary mortgage institutions; that is the regular mortgage banks we see around in conjunction with the Federal Mortgage ...

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