FG engages 653 contractors for mass housing scheme
The projects planned in 33 states are part of the National Housing programme’s pilot scheme, which is at various stages of completion. Among those employed for the housing projects are artisans.
NatanelFlorens plans 250,000-unit rent-to-own houses
Executive Director, Funds and Investment, NatanelFlorens, Mr. Oguche Agudah, said in Lagos that the initiative was a free advisory campaign to aid investment and investors in the entire value chain of the property market.
Nigeria showcases mortgage market system at U.S. summit
The Nigeria Mortgage Refinance Company Plc (NMRC) was amongst the 800 participants consisting of government and business leaders that attended the Corporate Council on Africa (CCA) U.S. and Africa Business Summit hosted in Washington DC .
Can low-income earners build a home?
Sam Odia, the Chief Executive Officer, Millard Fuller Foundation (MFF), “Affordability is determined by a number of factors, key of which are the income level of the buyer, the cost of land, materials and labour that go into building the house and the cost of funds.”
Engineers seek more funding for nation’s infrastructure
According to them, Nigerian Local Content Act popularly called “NOGICD Act 2010” was a major change agent for engineering design by increasing the domiciliation of engineering to over 55per cent from 5 per cent.
Firms, groups tap into German social housing model
The innovative collaborative move involved a team of Nigerian development stakeholders visiting the City of Munich, Germany to expand knowledge on affordable, social and cooperative housing approaches.
How FMBN can boost housing stock, by professionals
For The Vice President, Nigerian Institute of Building (NIOB), Mr. Kunle Awobodu, more efforts should be concentrated in tackling the bottlenecks associated with access to mortgages.
Lagos generates N20 billion in land administration
The performance, which surpassed the total revenue of N11.4 billion recorded in the previous year, came from transaction on the sales of land for industrial development in the state.