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Tag Archives: housing sector

Firm pledges to tackle housing shortage in Oyo

housing shortage

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 ...

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FG will tackle 17m housing deficit – FMBN chairman says

FMBN

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 ...

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Expert urges Govt. to integrate low-income earners in housing programmes

low-income earners

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, ...

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Corporations worried about state housing ministries usurping roles

AHCN

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 ...

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AHCN partners state governments on construction of mass housing

AHCN

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 ...

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NSE advocates coordinated effort to address housing challenges

NSE

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. ...

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AHCN to hold workshop on housing in Kaduna

AHCN

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 ...

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Operators urge FG to do more for construction industry in the spirit of independence

construction industry

Some operators in Nigeria’s building sector say the benefits of the country’s independence have not been felt in the housing and construction industry. They urged the leadership to prioritize the industry for Nigeria’s economic revival. They insisted that the federal and state governments should stimulate the economy through the housing and construction industry, which has been “left unattended for a ...

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Enugu government plans to provide affordable housing

Affordable housing

Enugu State Housing Development Corporation (ESHDC) said it is poised to compete favourably with its contemporaries in the private sector of the Real Estate Sector, with a view to providing affordable housing to the public. General Manager of the Corporation, Mr. Chukwuemelie Agu, disclosed this while commissioning an office outlet at the Departure Lounge of the Akanu Ibiam International Airport, ...

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Experts harp on conducive housing sector to boost economy

housing sector

Experts in the realty sub-sector have revealed that a conducive and energised housing sector could boost Nigeria’s economic recovery strategies. They made the submissions through a housing development group platform in Abuja. A real estate expert, Mr. Victor Mayowa wondered why federal government is yet to understand that a virile housing sector is critical to economic recovery. He lamented that ...

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