Tag Archives: Housing

“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 ...

“AGAINST the backdrop of deepening Nigeria’s mortgage market in order to improve access to quality and affordable homes in the country, Nigeria Mortgage Refinance Company NMRC, and Alpha Mead Development Company AMDC, a strategic business unit of a leading total real estate solutions company of Alpha Mead Group, have signed a Memorandum of Understanding MoU.”- Vanguard Model of Country Home ...

According to PM News, the Lagos State Government is partnering with the Singapore Government in public housing development in a bid to bridge the housing deficit in the state which stood at three million. Officials from the Singapore Government, led by Dr. Koh Poh Koon, Senior Minister of Trade and Industry, Ministry of National Development, paid a visit to the ...

“A time when public confidence in many government institutions is probably at its lowest ebb, one institution that stands out for its commitment to service is the Federal Mortgage Bank of Nigeria (FMBN).”- Leadership Set up since 1956 when it was known as the Nigerian Building Society, the bank has continued to deliver on its mandate of supplying the mortgage ...

“To bridge the demand-supply gap in affordable housing in the country, stakeholders in the construction and financing sectors have advocated value-chain funding for affordable housing projects as an innovative means of tackling the challenge.”- The GuardianAccording to the operators, there are many houses unoccupied in many areas in the country but affordability remains a concern to people in need of ...

The Nation reports that The Alumni Association, Federal University of Technology, Owerri (FUTO), at the weekend flagged off a N220 million housing project for members of staff of the institution. The project which would provide 20-unit houses will be completed within one year. Speaking during the groundbreaking ceremony, President of the Association, Ndubuisi Chijioke, said the building project would gulp ...

“West African Ceramics Limited, leading tile manufacturer, joined other stakeholders in the public and private sector of the housing economy to discuss and proffer solutions to housing challenges in the country at its platinum sponsored 11th Abuja Housing Show.”- Business Day In alignment with the theme of the show- ‘Solving Africa’s Housing Challenge through Innovative Finance and Infrastructure Solutions’ the ...

“The Chief of Air Staff, Sadique Abubakar, on Thursday said the Nigerian Air Force, NAF, had built about 2,000 housing units in two years across its bases in the country.”- Premium Times The CAS spoke through Air Officer Commanding, Air Training Command, AVM Christopher Okoye at the 46th convocation lecture of Air Force Institute of Technology, AFIT, in Kaduna. The ...

“A tentative outline of the shape of things to come for Housing and settlements development in Nigeria may have started to emerge, as key stakeholders last week ended it’s talk shop and endorsed a workable guide for the beleaguered sector in Abuja.”- The Guardian The effort, coming at the instance of the 11th Abuja Housing Show organized by Fesadeb Limited yielded ...

“For three days, Nigeria’s housing sector stakeholders including developers, bankers, manufacturers of building materials, government officials, built environment professionals, etc gathered in Abuja for the annual Abuja Housing Show discussing and searching for solutions to Nigeria’s housing challenge.”- Business Day A country of over 180 million people with rapid urbanization, Nigeria in spite of its abundant natural and human resources ...