Tag Archives: housing sector

Although the Federal Government has been mouthing interests in its efforts to increase housing delivery in the country, actions linked to the central government has not shown any seriousness in the side of government. An estate developer, Mr. Chidi Ifeneme, who has practiced real estate in the US for 15 years said that no budgetary allocation to the sector would make ...

The Abuja Chamber of Commerce and Industry (ACCI) and Shelter Aid Organisation will hold an investment expo in Abuja to promote local production of building materials, affordable housing and skilled workforce in the housing sector. Speaking on the planned expo, the Vice President in charge of commerce for ACCI, Dr Johnson Anene, said the expo would attract investors and stakeholders ...

Governor Akinwunmi Ambode of Lagos State on Thursday assured that all housing schemes spread across the state would be ready for residents who applied under the Lagos Home Ownership Mortgage Scheme within the next six months. Ambode, who gave the assurance when he inspected the Igando Lagos HOMS project, said the 492 units scheme was in the final stages of ...

A housing development firm, Structuracasa Nigeria Limited, says it plans to help in reducing housing shortage in Ibadan, the Oyo State capital. The firm stated that in its bid to transform the housing sector in the state and enhance it to world standards, it had developed three projects in Ibadan. It said in a statement that the projects had been ...

The Federal Government is determined to address the 17 million housing deficit in the country, Dr. Wale Adeeyo, the Chairman of the Federal Mortgage Bank of Nigeria (FMBN) has said. The FMBN boss, who gave this hint during an exclusive interview with our correspondent in Lagos, observed that, “The 17 million housing deficit has been there for a while and ...

Mr. Adeolu Ogunbanjo, the Chairman of Lagos Chapter of Association of Estate Agents of Nigeria (AEAN), has advised government at all levels to integrate low-income earners into existing housing finance programmes by making them affordable. Adeolu said that this could be achieved by introducing long-term loans for the low-income earners to enable them build or buy houses. According to him, ...

The Association of Housing Corporations of Nigeria (AHCN) has blamed state housing ministries for the usurpation of its statutory roles and responsibilities in housing construction and development. The group observed that the situation is purely unnecessary duplication of duty, which will in the long run cause distraction, unfair competition, and sheer wastages/repetition of efforts and resources. AHCN President, Mohammed Baba ...

The Association of Housing Corporations of Nigeria (AHCN), has expressed its preparedness to partner with state governments to make affordable housing available to Nigerians. Mr. Mohammed Adamu, the President of AHCN, made the call in Abuja at the opening of a two-day workshop and the 98th Council Meeting of the association. The theme of the workshop is “Tackling Housing Deficit ...

The Nigerian Society of Engineers (NSE) has insisted that all hands must be on deck if federal government is to tackle the rising housing challenges confronting Nigerians. Unofficial data put the country’s housing deficit at over 18 million housing units. President of NSE, Engr. Adekunle Mokuolu also called on relevant authorities to engage experts and ensure proper planning of cities. ...

In its renewed efforts to provide viable solutions to the myriad problems of confronting the housing sector, the Association of Housing Corporations of Nigeria (AHCN) has concluded arrangement to stage a two-day National Workshop on Housing As Veritable Tools For Economic Recovery. The event will provide a forum for careful consideration of the challenges of housing deficit and affordability issues ...