Tag Archives: mortgage system

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 ...

For most Nigerians that have served the government or being into civil service for donkey years it is almost impossible that they save enough to own a piece of land talk-less having money to build their own houses. Therefore, many Nigerians do require one form of assistance or the other to become landlords. This assistance normally should come in form of mortgage, ...

No fewer than 3,000 residents have so far benefited from the Lagos State Government’s Rent-To-Own schemes, according to the Commissioner for Housing, Mr Gbolahan Lawal. Lawal said in an interview that the state’s housing policies captured both those in the formal and informal sectors. He said that the informal sector constituted about 65 per cent of the population of the ...

Mr. Kunle Adeyemi, the CEO of sterling homes Ltd was in an interview with one of our correspondents, Rianat. He opined that developers need to create a mortgage system that works since the one we have is not accessible. Read his interview below. NREH: What influenced your decision to go into real estate considering your background in sciences? Mr. Adeyemi: ...

Decent and affordable housing is one of the basic needs of individuals, family and the community at large. In this piece, we look at the problems associated with housing delivery in Lagos. Despite her huge potentials, why do you think housing shortage persists in Lagos? As a pre-requisite to the survival of man, housing ranks second only to food. Housing ...

Shonekan, in a chat with The Nation, said with an efficient mortgage system, more Nigerians would be able to own homes. He, however, noted that many are not aware of the processes to getting a mortgage. “Nigerians waiting on the government for social housing may wait for a long time. This is because the economic reality does not leave room for ...

A university lecturer, Prof. Timothy Nubi, on Tuesday told the Federal Government to restructure Nigeria’s mortgage system to position it for better service delivery. Nubi, who is of the Department of Estate Management in the University of Lagos, made the call in an interview with the News Agency of Nigeria (NAN) in Lagos. He said that solution to the nations’ ...

Cost experts in the construction industry under the aegis of the Nigerian Institute of Quantity Surveyors (NIQS), Lagos Chapter, has expressed worry over the manner in which public servants go about award of contracts and said the way out to streamline high level of irregularities is for the Federal Government to heed the call to institute a Nation Council on ...