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housing deficit

9 Oct
Since independence, Nigerians have not seen the best of times in housing, as demand consistently outweighs supply, while prices are far beyond the reach of many citizens.
22 Sep 2023
Commissioner for Lagos State Ministry of Housing, Moruf Akinderu-Fatai, has said the state government is committed to addressing housing deficit and inadequate decent shelter. He said it would be done through diverse strategies, which include utilisation of innovative building designs such as vertical construction of more homes and collaboration with private investors. He stated this…
12 Sep 2023
Amid ongoing efforts, Vice President Kashim Shettima has c onfirmed that N21 trillion would be needed to effectively address the nation’s housing deficit. Speaking at the groundbreaking for 500 homes by the Sokoto State government within the metropolis, he commended Governor Ahmed Aliyu for attempting to address the problem. Shettima said: “Nigeria has a deficit…
3 Aug 2023
*As NAPTIP rolls out staff housing scheme Member house of representatives, Princess Chinwe Nwabuife, has assured that the 10th National Assembly will make issues of housing deficit and building collapse among others, a top priority in terms of bills initiation and legislation. She gave the assurance the groundbreaking ceremony of the National Agency for the…
8 May 2023
The Managing Director of Kemsan Acres Global Limited, Mr. Oluwaseun Owoseni, has called for support from government at all levels toward tackling the problem of housing deficit in Nigeria.
1 May 2023
These are indeed trying times not only for property developers but the entire construction industry value chain as uncertainties continue to surround getting competent and skilled workforce needed in building production processes.
17 Apr 2023
To bridge housing gap, the Chief Finance Officer, AM Reality Limited, Dayo Adenubi, has called on government to tackle rising inflation, which is impacting the cost of building materials and construction in the country.

Latest

1 day ago
Nigerian banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said. This comes after the apex bank urged Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial…
1 day ago
President Bola Ahmed Tinubu has approved the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Presidential spokesman, Ajuri Ngelale, confirmed Tinubu's approval of Bello's appointment in a statement on X on Thursday. According to the Ngelale, Dr. Bello is a consummate…
1 day ago
Hoodlums attacked and set on fire the Neni Divisional Police station in Anaocha Local Government Area of Anambra State. It was gathered that the hoodlums numbering about 30 stormed the area at about 2am on Thursday and destroyed several buildings. READ ALSO: First phase of Lagos-Calabar Highway to be completed in three years – FG…
1 day ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) has affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees. Dispelling rumors of a reversal in the dissolution of the former management under Dr Tinuade Sanda, Mr. Dere Otubu,…
1 day ago
The Federal Government said the first phase of the Lagos-Calabar highway will be completed within the next three years. This was disclosed on Thursday in a statement by Ben Bem Goong who is the spokesman to the Minister of Works, Engr. David Umahi. Goong made this announcement following Umahi's inspection of the Lagos-Calabar coaster highway…
1 day ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
1 day ago
An Ikeja High Court on Thursday issued a bench warrant against the former employee of Punch Nigeria Ltd., Olusegun Ogunbanjo, and others charged with N950 million fraud.
1 day ago
An Ikeja Sexual Offences and Domestic Violence Court on Thursday discharged and acquitted a 23-year-old student, Victory Tasie, charged with defiling his girlfriend.
1 day ago
Persons familiar with the antecedents of Senator Uba Sani, the Governor of Kaduna State, readily attest to the fact that he is hardly ever deterred by challenges or adversities, no matter how daunting. Stories abound of his daring exploits as a young civil and human rights activist when successive military juntas held sway in Nigeria.…
1 day ago
A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…