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Tag Archives: housing policy

Expert urge Federal Government to invest in infrastructure

Federal Government

A town planning consultant, Mr. Olaide Afolabi, on Monday called on the Federal Government to formulate policies that would facilitate infrastructure and property development in the country. Afolabi, a former President of the Association of Town Planning Consultants of Nigeria (ATOPCON), made the call in an interview which held in Lagos. He said there were huge gaps in the areas ...

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NSE tasks Federal Government on housing policy

NSE

To achieve this, the NSE wants the Federal Government to create the enabling environment for private sector initiative and to engage more private sector participants in its mass housing drive. The body noted that housing delivery in developed countries fared better because they are run by the private sector. The NSE President, Mr. Kunle Mokuolu, who expressed reservations about government’s ...

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FMBN faults Creation of Parallel Housing Finance Programmes by World Bank

creation of parallel housing finance programmes

This Day reports that the Federal Mortgage Bank of Nigeria (FMBN) has expressed its displeasure over the creation of parallel housing finance programmes by the World Bank, saying it will  lead to duplication of efforts on the part of government and other stakeholders. The Managing Director, FMBN,   Ahmed Dangiwa expressed concern while receiving World Bank team in his office in Abuja recently, ...

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NSCDC moves to address personnel’s accommodation needs

accommodation needs

“The Nigeria Security and Civil Defence Corps ( NSCDC ) has moved to key into the Federal Government’s housing policy to address the accommodation needs of its personnel.”- The Nation Spokesman of the Corps, Mr Emmanuel Okeh, disclosed this in a statement in Abuja on Thursday. Okeh said the Commandant General (CG) of the Corps, Mr Abdullahi Gana, announced the ...

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Osinbajo says Nigeria’s housing deficit is too high

Nigeria’s housing deficit

“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 ...

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Valuers propose road map for housing reform

Valuers hold talks with Fashola, propose roadmap for housing reform

“At a time when half of the world’s six billion people are living in cities and facing unprecedented growth of urban population, mainly in the developing countries like Nigeria, land economists last week proposed that the federal government create enabling environment for private sector delivery of housing as against direct construction by ministries, departments and agencies.”- The Guardian Top executives of ...

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Comprehensive review of the laws governing mortgages has become imperative

Comprehensive review of the laws governing mortgages has become imperative

“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 ...

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Tackling housing challenge in Lagos

Tackling housing challenge in Lagos

“With burgeoning population of over 22 million, Lagos is faced with housing challenge. On daily basis people migrate from every nooks and crannies of Nigeria to Lagos without ever thinking of leaving, thus compounding the housing challenge. Undoubtedly, shelter is one of the three basic necessities of life, others being food and clothing. Adequate housing includes secure land title, access to ...

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AHCN Plans N500bn Revolving Intervention Fund With CBN

AHCN Plans N500bn Revolving Intervention Fund With CBN

“President/chairman of Council, Association of Housing Corporations of Nigeria (AHCN), QS Mohammed Baba Adamu has disclosed that the professional body has commenced the process of structuring a N500 billion revolving housing intervention fund from the Central Bank of Nigeria (CBN) to facilitate mass housing construction in Nigeria To this end, he confirmed that the association has created an off-takers database ...

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