Saturday, September 30, 2023
In order to meet affordable housing needs of Nigerians, particularly the teeming Lagos residents, the state government has called for private sector participation to address this widening gap. Making this disclosire on the sideline of one year Anniversary of Rabanaire...
Enugu State Governor, Peter Mbah, said there is a plan by his administration to build 20,000 housing units with modern facilities for civil servants in the state within the next one year. The governor made this known as...
To sustain their business and see reasonable margin in the midst of soaring inflation, real estate developers are adopting funding models that enable them to share their risks with the sources. The developers believe that equity partners rather than loans...
The Minister of Housing and Urban Development, Ahmed Dangiwa, has promised to reposition the ministry to function optimally in the delivery of housing to Nigerians. Dangiwa who spoke when he received members of the Nigeria Institute of Architects (NIA) in...
As the economy continues to bite harder, Nigeria with an estimated population of over 250 million people and about 30 per cent of the entire population still grappling with the need to get quality shelter and affordable houses, there...
The absence of long-term borrowing and high cost of loans have made property developers to turn away from commercial banks and embrace affordable housing finance options for the low-to-middle income market. For years, private developers have relied on short-term loans...
Nigeria requires N21 trillion to address the country’s housing deficit, according to Vice President Kashim Shettima. He was speaking during the ground-breaking of a five-hundred-unit housing estate to be constructed by the Sokoto State government. In a statement by Olusola Abiola,...
According to statistics from the world bank group, Nigeria currently has a total of 20 million housing deficit due to the large number of the country’s population that lacks basic housing provisions. In 2017, the Bureau of Public Service Reform...
Okunlola Muhydeen Kayode is the Princpal Partner at Luxiar Construction Limited, an Abuja based company with spread across the country. With over a decade of experience, Muhydeen, who is also the founder of MOK Foundation, has established himself as...
In major areas in Lagos, you will find at least one ongoing construction project every 5 kilometres. With the enormity of construction work in Lagos, the natural expectation is that the housing deficit will have been completely eradicated, or at...
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