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Tag Archives: Housing

An Overview Of The National Housing Policy

Challenges of housing in terms of quality and quantity appear to be the same all over the world. The needy have less access to housing while the less needy have greater chances of accessing housing. In Nigeria, housing is generally inadequate in the rural areas in terms of quality, while the major problem in urban areas is more of quantity, ...

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‘Brazil trade mission to assist economic housing in Nigeria’

Preparatory to its Brazil trade mission, a Nigerian international business consulting firm has tasked Nigerian businesses, especially small and medium enterprises on the need to harness opportunities availed to them through the mission. According to the firm, the mission is designed to assist interested businesses in developing joint venture partnerships in economic housing, retail business, development, agribusiness, as well as ...

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NANTS’ Kubwa housing project to be completed in 6 months

Significant reduction in construction activity in the FCT

Mr. Edozie Ugwu, the FCT Chairman of NANTS, assured the members that the housing project embarked upon by The National Association of Nigerian Traders (NANTS) would be completed in six months. He said the Kubwa and Mbora sites in the FCT would be constructed simultaneously, adding that the construction on Zuba site would commence later. Ugwu said the Federal Housing ...

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AFFORDABLE HOUSING: Is it the basic right of every Lagosian? (Part 1)

affordable housing

Lasgidi, city of hustlers where everyone seems to be sprinting on an imaginary track yet there are no spectators or even track officials.  In Lagos, it is the survival of the fittest, if you don’t fit in, you will end up in a fix. One of the most back-breaking means of survival is finding affordable housing with good living conditions though ...

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FG, BASAP ventures sign Mou on N300 Billion Housing Scheme

housing

In its bid to encourage the private sector to assist in reducing the nation’s huge housing deficit, the Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with BASAP Ventures International Limited/JS Neoplans and Artemis Angel Global Limited. The agreement will usher in a total of 15,000 low cost housing units which is expected to cost $1.5 billion ...

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Call for housing investments in Scotland

The former Auditor General of Scotland, Robert Black, in a press conference scheduled to hold later today will say that spending on housing should be seen as a preventative measure. He will be speaking at the annual Chartered Institute of Housing (CIH) conference in Glasgow and saying that bad housing has the potential to damage lives. Charities said 13% of ...

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NMRC signs MoU with US firm for $1 Billion Investment in Mortgages

NMRC Appoints 4 Independent Directors

Despite the current economic difficulties occasioned by a significant drop in oil revenue, foreign investment inflows into the country recorded fresh impetus on Tuesday when Cantor Fitzgerald, a highly regarded investment company based in the United States of America, signed a memorandum of understanding with the Nigeria Mortgage Refinance Company (NMRC) for $1 billion (about N200 billion) in mortgages in ...

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FG signs MoU with BASAP to create 15,000 affordable housing units

Solving The Problem Of Affordable Housing In Nigeria

Improving on efforts to deliver more affordable housing units and reducing the housing deficit in the country, the Federal Government of Nigeria has taken a giant step by collaborating with an estate development agency. The Federal Government of Nigeria and BASAP Ventures International Limited/ JS Neoplans & Artemis Angel Global Limited on Tuesday signed a Memorandum of Understanding for the ...

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FG declares 9,667 people eligible for housing scheme

The Minister of Finance, Dr. Ngozi Okonjo-Iweala, recently revealed that 33 Nigerians have benefited from the Federal Government’s housing programme under the mortgage refinancing scheme. The Minister also added that 9,667 people had also been cleared as eligible to benefit from the scheme. The minister said this while presenting a speech at the Caritas Nigeria Forumon Tuesday in Abuja. In ...

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Failed Housing: We will return monies with interest and apology – NLC VP

The Vice President of the Nigeria Labour Congress, NLC, Issa Aremu on Monday assured aggrieved workers who subscribed to a failed NLC housing scheme, that their monies would be refunded with interest and an apology. Aremu said this while on Sunrise Daily on Channels Television, noting that the NLC had the responsibility to do so and also prosecute those culpable ...

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