The Federal Government has inspected some of the ongoing housing projects across the country while restating its commitment to affordable housing for Nigerians.
The Permanent Secretary, Ministry of Housing and Urban Development, Dr Marcus Ogunbiyi, made the commitment during a...
Governor of Rivers State, Siminalayi Fubara, has assured that the state government would work harmoniously with the Federal Government to address the issue of housing affecting low income earners in the state.
This synergy, he said, will no doubt reduce...
The undeniable capacity of Nigeria's housing sector to enhance the economy and bolster Gross Domestic Product (GDP) notwithstanding, its full potential remains unrealized despite government initiatives across multiple institutions and programs. This piece explores the hurdles confronting Nigeria's mortgage...
The Managing Director of the Federal Housing Authority, Oyetunde Ojo, has expressed the agency’s resolve to provide affordable housing for Nigerians.
Mr Ojo made this known on Tuesday, April 9, 2024, when he paid a courtesy visit to the Abia...
Changes in lifestyle which come with sophistication in terms of taste and class of individuals are being matched, incrementally, with advancement in architectural designs and modern technology.
The result of all these is, among other innovations, a revolutionary shift towards...
Shanties and illegal structures along the bank of the River Niger in Fegge, Onitsha, have been demolished by the Anambra State Government. Sand miners and traders operating in the area had their machines, buildings, stores, and sand beaches demolished...
Almost 190,000 households are stuck on social housing wait lists amid Australia’s housing crisis, according to Guardian Australia analysis of state and territory data.
In December 2023, there were around 60,000 applications for social housing in Victoria and 57,000 in...
…Move Product Launch Date Forward
Efforts are intensely underway for the launch of the Diaspora Mortgage Loan Product of the Federal Mortgage Bank of Nigeria and the Nigerians in Diaspora Commission (NiDCOM), with six continents already contacted and ready...
The International Monetary Fund has stated that central banks’ decision to hike interest rates to curb inflation has been impeding housing market growth and mortgage accessibility.
In a recent release of its Global Economic Outlook at the International Monetary Fund/World...
Energy efficiency should be factored into social rents, a housing body has said.
In a report, The Housing Forum said the social rent formula should be updated so that tenants pay on average the same amount in total in rent...
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