The Minister of Housing and Urban Development, Ahmed Dangiwa, has unveiled plans to develop cost-effective housing designs and facilitate the construction of high-quality, affordable housing options to address the housing requirements of 80 percent of low- and medium-income earners in … Continue reading FG’s initiative to provide affordable housing for 80% of low income earners
Vice President Kashim Shettima has revealed that Nigeria needs a staggering N21 trillion to effectively address its housing deficit, despite the combined efforts of all levels of government. Shettima made this disclosure during the groundbreaking ceremony for a 500-unit housing … Continue reading Nigeria requires N21 trillion to address housing deficit – Shettima
The Federal Capital Territory (FCT) Minister, Mr. Nyesom Wike, has expressed his discontent regarding the N85 billion contract designated for infrastructure provision in the Wasa Affordable Housing project situated in the Wasa District of Abuja. This dissatisfaction was voiced during … Continue reading Wike criticizes poor negotiation of N85 billion Wasa housing infrastructure project
The housing market in Nigeria has experienced a notable increase of approximately 40% in leasing and sales costs during the first half of 2023. Despite inflation, rising interest rates, and reduced new investments, the cost of leasing or purchasing residential … Continue reading Housing market in Nigeria sees 40% surge in costs amid economic challenges
During the launch of the National Housing Strategy Blueprint, Babatunde Fashola, the Minister of Works and Housing, acknowledged that the government alone cannot fulfill the housing requirements of Nigerians. He emphasized the importance of creating an enabling environment for the … Continue reading Babatunde Fashola introduces 10 year national housing strategy
Babatunde Fashola, announced the government’s plans to invest in Shelter Afrique, a pan-African finance institution, to provide additional affordable housing for Nigerians. Speaking at the 42nd Annual General Meeting and Symposium of Shelter Afrique in Abuja, Fashola stated that Nigeria … Continue reading Fashola reveals government’s plan to increase investment in affordable housing
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