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Tag Archives: low cost housing

Easy Guide to Building a Low-Cost House in Nigeria

With the fast rising cost of owning a house in Nigeria, you are probably on the lookout for an alternative low-cost house that helps you become a homeowner without drilling a gaping hole in your pocket. Architects have maintained that a growing population of people are opting for building their own homes as opposed to buying a property. This explains ...

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Expert tasks architects on local content in designing low cost housing

housing

Mr Dipo Ajayi, President, Architects Registration Council of Nigeria (ARCON), on Friday urged architects to start designing low cost housing using local materials for affordability. Ajayi gave the advice while speaking with the News Agency of Nigeria (NAN) on the sidelines of Lagos Architects Forum 2019, organized by the Nigeria Institute of Architects in Lagos. Ajayi said that using local ...

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Real estate experts urge FG to establish housing microfinance

Real estate experts urge FG to establish housing microfinance

Perturbed by the high level of homelessness among Nigerians, the Federal Government has been urged by real estate experts to establish a housing microfinance fund or shelter fund to provide affordable houses for those in need of accommodation. Establishment of housing microfinance fund, according to Social Housing Activist and International Housing Finance Specialist, Mr. Adekunle Faleti, will enable low-income earners ...

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Nigerian Govt Urged To Penalise National Housing Fund Act Violators

National Housing Fund Act

Some stakeholders in the housing sector on Tuesday in Abuja called for stiffer penalties against violators of the National Housing Fund (NHF) Act. They made the call at a two-day public hearing on a motion on the need to ensure full compliance with the National Housing Fund Act for effective housing delivery in Nigeria. Mr Oluseyi Lufadeju, a trustee at ...

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Proven Low Cost Housing Strategies to Construct Your House

low cost housing

If you are searching for proven low cost housing strategies to construct your house, then take time to digest this article. I will be sharing with you some proven tips that will help you to construct affordable income apartment with ease. Most middle and low income earners aspiring to become landlords are getting frustrated because of different forms of challenges manifesting ...

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West African Ceramics proffer solutions to housing challenges

housing challenges

“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 ...

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FG Commissions 100-Unit Housing Estate In Imo

Stakeholders in the housing sector contemplate monthly rent payments

A 100-unit housing estate in Imo State has been successfully completed by the Federal Government under the Ministerial Pilot Housing Project of the Ministry of Power, Works and Housing. According to Channels Television, the project was built through the Federal Mortgage Bank of Nigeria to provide low cost housing for public workers across Nigeria. The Minister of State for Power, ...

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The Challenges of Urban Cities In Nigeria

urban cities

Though Nigeria has a couple of urban cities that attract foreigners, visitors and investors, these cities rapid rate of urbanization does come with its challenges. There are indeed grey areas that need to be looked into for major Nigerian cities such as Port Harcourt, Abuja, Lagos, Calabar and Enugu to attain their full potentials. A critical assessment of the bottlenecks ...

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IMBL Urges Buhari to Invest Recovered Loot in Low-cost Housing

Housing sector

The institute of Mortgage Brokers and Lenders (IMBL) has urged President Muhammadu Buhari to invest recovered looted funds in low-cost housing and mortgage. In a congratulatory message to the President on his one year in office, IMBL’s Director-General Elisha Jasper said lack of housing is the major plight that most Nigerians are facing. He said: “There is a lack of ...

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