Tag Archives: Mass housing

The Lagos State Government(LASG), on Tuesday, pledged its commitment to mass housing delivery, in spite of the setbacks caused by vandals to some of its ongoing housing projects. Mr. Wasiu Akewusola, Permanent Secretary, Lagos State Ministry of Housing, made the pledge during his inspection of ongoing projects in Ibeshe, Igbogbo, Agbowa, Odo Onosa and Ayandelu in Ikorodu area of the ...

Mrs. Aderonke Oyelami, Chairperson, Women Quantity Surveyors of Nigeria, on Wednesday attributed the incessant increase in house rent in the country to inadequate buildings. Oyelami said that rent on housing would come down if developers could engage in mass production of houses to reduce the gap between demand and supply. Nigeria, with its over 170 million population, currently faces over ...

The Enugu State Housing Development Corporation says it is on the verge of completing a world-class museum to be named after the first president of Nigeria, Nnamdi Azikiwe. The Managing Director of the corporation, Mr. Chukwuemelie Agu disclosed this on Wednesday in Enugu while speaking with journalists. Agu said that the museum that would be known as Zik Centre was ...

The Federal Government announced yesterday that it was planning to raise over N800 million from the African Development Bank, the World Bank and other institutions to provide affordable mass housing accommodation for Nigerians. The Chief Executive Officer of Family Homes Funds, FHF, Femi Adewole who announced this in Abuja during the fund-raising/launching of Real Estate Developers Association of Nigeria, REDAN, ...

The chairman/chief executive officer of Dangote Group, Alhaji Aliko Dangote has called on federal government to adopt Ethiopia’s mass housing model in a bid to address the over 17 million housing deficit in the country. Dangote also said he supported the proposed restructuring and N500bn recapitalisation of the Federal Mortgage Bank of Nigeria (FMBN) for effective service delivery. He stated ...

Dr. Hannatu Fika, the Executive Secretary, Federal Government Staff Housing Loans Board (FGSHLB), said that the board had helped over 30,000 civil servants to access loans to own houses. Fika made this known in an interview with the News Agency of Nigeria (NAN), on Monday in Abuja. She said that public servants were the engine room of good governance, adding ...

The system of owning a house through a housing cooperative society in Nigeria has its own perks and advantages on a good day, but it also has its disadvantages. Right now, one of the surest routes to owning a home in Nigeria is to go the cooperative society way. However, it is one that is less traveled by many, despite ...

The Federal Government has concluded plans to float a mass-housing scheme for public sector workers in states in order to reduce the housing problem in the country. “Coming under a public private partnership, implementation of the scheme has reached an advanced stage. The project will be completed in the next three years.”- The Guardian Minister of State for Power, Works and ...

The Guardian reports that a consortium of firms has floated N20 billion Real Estate Investment Trust (REIT). The newly berth REIT, promoted by Top Services Limited, a close-ended Real Estate Investment Trust company would be managed by a firm, Messrs First Ally Asset Management. According to The Guardian, the Chairman, Top Services Limited, Chief Tokunbo Omisore, while speaking during the ...

Anambra State government has made it known that it is collaborating with the Federal Mortgage Bank of Nigeria (FMBN) to complete its housing scheme for civil servants in the state. According to New Telegraph, Mr Frank Offor, the state Commissioner for Housing and Urban Development, said in Onitsha that the collaboration was in government’s bid to provide affordable houses for ...