Experts canvass cooperative housing financing system
Industry leaders have argued that to significantly reduce estimated 22 million housing deficit, there is an urgent need to start a cooperative housing financing system to deliver affordable houses in the country.
Lagos mulls Ilasan estate, other infrastructure regeneration
Towards creating sustainable and livable cities and communities, the Lagos State Government has expressed readiness to begin the regeneration of Ilasan estate and other parts of the state.
Family Homes Funds, Shelter Afrique seal deal to improve housing
As the nation’s housing crisis continues to worry about the authorities, Nigeria’s largest Social Housing Fund - Family Homes Funds (FHF) has signed a Memorandum of Understanding (MoU) with pan-African housing finance institution, Shelter Afrique towards building more affordable homes in the country.
Tackling poverty through effective labour market approach
In a world that is witnessing an unprecedented level of technological breakthroughs to drive development, that millions of persons are still living in extreme poverty should be a moral outrage.
‘Deploy 50% EFCC recovered funds to housing’
The Nigerian Institution of Estate Surveyors and Valuers has advised the federal government to channel at least 50 per cent of all recovered funds by the Economic and Financial Crimes Commission (EFCC), towards the provision of affordable housing in states of the country.
‘Pension funds as equity will boost mortgage finance, housing, others’
Industry regulator, the National Pension Commission (PenCom), has said there will be a significant development in Nigeria’s housing sector if contributors devoted a percentage of their Pension Fund Assets (PFA) under management as equity injections for residential mortgages.
Niger State earmarks land for 200 housing units in Suleja
The Niger state government has provided land for the construction of 200 housing units to reduce the burden of accommodation among residents. Mr Lukman Komolafe, Managing Director, Happy Home Builders Nigeria Ltd. disclosed this in an interview...
Nasarawa government inaugurates N1.2bn mass housing project
Governor Abdullahi Sule of Nasarawa State has inaugurated the N1.2 billion Ta’al Orange Market site and Services for mads housing scheme at Mararaba Gurku, Karu Local Government Areas of the state.
Concerns over reclamation, dredging in Lagos
Amid a growing spate of dredging and reclamation activities in several parts of Lagos State, experts have called for caution, as the enormity of such activities along the commercial capital shorelines is capable of causing havoc on buildings and infrastructure.