Tag Archives: housing sector

Decent and affordable housing is one of the basic needs of individuals, family and the community at large. In this piece, we look at the problems associated with housing delivery in Lagos. Despite her huge potentials, why do you think housing shortage persists in Lagos? As a pre-requisite to the survival of man, housing ranks second only to food. Housing ...

The Federal Government has been urged  to carry out reforms in housing sector ; facilitate the amendment of the Land Use Act and create enabling environment for private developers to assist government in tackling the consistent problems of housing deficit in Nigeria-  The Tribune Bamidele Onalaja, the Chief Executive Officer of RevolutionPlus Property Development Company, made the appeal recently in Lagos during ...

“The huge housing deficit level in Nigeria’s housing sector is worrisome. As at 2012, experts estimated the deficit to be at a minimum of 17 million units and recently raised an alarm that the figure could be up to 20 million units if a proper investigation of the state of affairs in the sector is undertaken. Worse still, experts say ...

“The Federal Government said it has created 54,680 jobs in housing sector since inception in 2015. Minister of Works, Power and Housing, Mr. Babatunde Raji Fashola, who disclosed this at the sixth National Council on Land, Housing And Urban Development, in Abuja, noted that out of this figure, 13,680 people got direct jobs, while 41,000 got indirect jobs.”- All Africa ...

As professionals and stakeholders in the Nigerian Housing Sector has always clamoured , there is no platform as strong and promising for the transformation of the Nigerian economy as the real estate/ housing development sector. In this article we unmask the future of real estate development in Nigeria. The potentials of real estate are so huge, one only needs to ...

“The Federal Capital Territory Administration (FCTA) has said the Made-in-Nigeria policy of the federal government cannot work in the housing sector, because of the unrefined state of locally-sourced building materials in the country.”- Daily Post The District Officer, Department of Development Control in the FCTA, Dr. Sherif Razak, stated this on Wednesday during an exclusive chat with DAILY POST on ...

“The Federal Government is trying many options to pull the economy out of recession. The Finance ministry believes that mortgage institutions have the wherewithal to fund the housing sector as part of ways to revitalise the troubled economy and create jobs. Stakeholders also believe that stability in the exchange rate and the provision of more funds to the mortgagors will ...

As at my last count, I realized we have over 50 development companies, trying to market over hundred projects within the Lagos, Ogun and Abuja axis. I stopped counting a long while ago, so you can imagine how much more we would have now. Until recently, when publication houses increased their advert rates, you would always see different advert publications ...

Owing to the lack of accurate data on housing in Nigeria, that can help policy-makers address problems in the sector, the Federal Housing Authority (FHA) has announced plans to work with other agencies on the development of a national housing profile for the country. The Guardian reports that the impressive growth in the housing sector, little had been done to ...

Decent and affordable housing is one of the basic needs of individuals, family and the community at large. As a pre-requisite to the survival of man, housing ranks second only to food. This article views the challenges of housing delivery in Nigeria Housing as a unit of the environment has a profound influence on the health, efficient, social behaviour, satisfaction ...