Sunday, 2nd March 2025
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housing deficit

1 day ago
MyAbujaHome Limited, a real estate firm, says it has given free plots of land to civil servants and others who have worked tirelessly in service but still unable to afford a home. Mr Adebola Mogaji, the Chief Executive Office, MyAbujaHome, spoke with the News Agency of Nigeria (NAN) on Wednesday in Abuja. Mogaji, who is…
20 Feb
Chairman, Senate Committee on Lands, Housing and Urban Development, Aminu Tambuwal, yesterday, called for the adoption of innovative strategies that could unlock opportunities for affordable housing, expand private sector participation and strengthen institutional frameworks in the housing sector.
17 Feb
Industry stakeholders, including private sector developers, investors, financial institutions, and multilateral housing organisations are set to convene a summit aimed at unlocking the potential of Public-Private Partnerships (PPPs) to accelerate housing delivery and urban development in the country.
12 Dec
The Council of Registered Builders of Nigeria (CORBON) has proposed the development of a comprehensive national housing delivery strategy and a national plan for the production of local building materials to address Nigeria’s housing deficit. Dr Samson Opaluwah, Chairman of CORBON, made this proposal at a news conference on the council’s 35th anniversary on Wednesday…
VG Pensions is bridging Nigeria’s housing deficit through their pension mortgage scheme
14 Nov
The Federal Government on Thursday approved the establishment of a Ministry of Finance Incorporated Real Estate Investment Fund, with an initial N250 billion to provide low-cost, long-term mortgages to Nigerians desirous of acquiring houses. The approval was disclosed by the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu at the Presidential Villa,…
17 Oct
Minister of Housing and Urban Development, Ahmed Dangiwa, has traced Nigeria’s housing shortfall to several factors, including ineffective implementation of past policies, and underperformance in housing delivery.
3 Jun 2024
UACN Property Development Company (UPDC) has announced a strategic shift to address the nation's growing housing deficit by catering to the middle class and increasing affordable housing options.
27 May 2024
UACN Property Development Company (UPDC) has announced a strategic shift to address the nation's growing housing deficit by catering to
12 Apr 2024
Worried by the growing housing deficit in the country, real estate experts have advocated the recapitalisation of mortgage banks in the country.

Latest

24 mins ago
The Senate said on Sunday that it won't investigate allegation of sexual harassment made against its president, Godswill Akpabio, by the Kogi Central Senator, Natasha Akpoti-Uduaghan. Spokesman to the Senate, Yemi Adaramodu, who disclosed this in an interview with journalists Sunday evening, said there is no petition before the Senate regarding sexual harassment and as…
35 mins ago
Nasarawa State Police Command has arrested a fake soldier and armed robbers operating between the Federal Capital Territory (FCT), Abuja, and Nasarawa State. This was revealed by the command's spokesperson, SP Ranham Nansel, in a press statement made available to The Guardian on Sunday in Lafia, the state capital. According to the statement, Police operatives…
36 mins ago
Tragedy struck in Zamfara State as Zarah Abubakar Shehu, a 21-year-old student of the Federal University Gusau, died in captivity four months after she was abducted alongside her two siblings. Zarah, a 300-level student, was taken from her home in the Damba area of Gusau in the early hours of Sunday, November 3, 2024, by…
44 mins ago
A psychotic Nigerian armed robber and crack cocaine dealer has been permitted to stay in the United Kingdom (UK) because he believes he is ‘possessed.’ According to UK news website, The Telegraph, the Nigerian, who believes he is ‘suffering from demonic forces,’ can stay in the UK on human rights grounds, the judge ruled. "A…
1 hour ago
Rivers State Governor, Siminalayi Fubara, has directed the Heads of Local Government Administration (HLGA) to immediately assume control of the administration of all 23 local government areas in the state. This directive follows the Supreme Court judgment mandating the Central Bank of Nigeria (CBN) to withhold the state’s allocations. In a statewide broadcast on Sunday,…
1 hour ago
The Lagos State House of Assembly has directed all staff and legislative aides to work remotely from home indefinitely to prevent potential violence arising from the ongoing leadership crisis. The directive, issued by Acting Clerk Mr. Babatunde Ottun Abubakar in a memo addressed to all staff, was aimed at ensuring their safety and preventing a…
1 hour ago
Nigerian women have commended President Bola Tinubu for approving the recommendation of the Director General of the Department of State Service (DSS), Mr. Oluwatosin Adeola Ajayi, to appoint Ms. Folashade Adekaiyaoja as the first-ever Deputy Director General of the Service. In an unprecedented move, President Tinubu, in January, approved Ms. Adekaiyaoja's appointment as Deputy Director…
1 hour ago
Troops of 6 Division, Nigerian Army, in a major breakthrough in the fight against oil theft have arrested 16 suspected oil thieves and confiscated over 24,000 litres of stolen products in a series of operations conducted from February 24 to March 2, 2025. The operations, which were carried out in collaboration with other agencies, resulted…
1 hour ago
The Ogoni Dialogue Committee has urged communities in Ogoniland to be vocal and active in the oil resumption processes, assuring them that their concerns will be articulated and presented as a unified demand from the Ogoni people to the Federal Government. Co-Chairman of the Committee, Archbishop Ignatius Kattey (Rtd), gave the charge during a meeting…
1 hour ago
Eddie Howe will consider appealing against Anthony Gordon's red card in Newcastle's FA Cup defeat against Brighton as he tries to stop the England forward missing the League Cup final. Gordon was dismissed for violent conduct seven minutes from the end of normal time in Sunday's 2-1 loss at St James' Park after shoving Jan…