Tag Archives: mortgage industry

The Managing Director and Chief Executive Officer, Infinity Trust Mortgage Bank Plc, Dr. Olabanjo Obaleye, has said that the mortgage industry was faced with several bottlenecks that needed the urgent attention of the Federal Government if it was determined to provide the 17 million housing deficit.   Obaleye, who said this in an exclusive interview with Nairametrics in Lagos on Monday, noted that ...

It is no longer news that Nigeria has a huge housing deficit that experts have put at above 17 million units that would require an annual investment of billions of Naira for the next 10 years to bridge. Yet, there is no coherent housing policy in place to suggest the country is matching towards bridging this housing gap despite having ...