Nigeria’s Housing Deficit is N28m, Requires N21trn - Shettima   Vice President Kashim Shettima has said that Nigeria’s housing deficit is 28 million and will need over N21 trillion to effectively bridge the gap. Speaking at the weekend, during the groundbreaking for the construction of a 500-unit...

FG Says N21trn Required To Bridge 28m Housing Deficit   The amount required to fund the housing sector in Nigeria and bridge the estimated 28 million housing deficit across the country is N21tn, the Federal Government has stated through its Bank of Industry (BOI). In a new...

SEC To Partner Real Estate Stakeholders On Housing Deficit   The Securities and Exchange Commission has said it will be collaborating with stakeholders in real estate investment to reduce the country’s housing deficit. The Director-General, SEC, Mr Lamido Yuguda, said this during a meeting with the Nigerian...

PenCom, Others Move To Bridge N16trn Housing Deficit Plans are underway to allow pension contributors access 25 per cent of savings in their respective Retirement Savings Accounts (RSAs) for mortgage finance. The new arrangement is to enable the federal government to close the over N16trn...

"Housing will continue to be a challenge for us till the next two generations", Former President Olusegun Obasanjo has lamented. Obasanjo has called for smart policies that can stimulate investment in housing development to address the five million housing deficit in the country. He said if...

Nigeria has over 17 million housing deficits and the Federal Government is exploring ways to tackle them fast. To meet this demand, the housing sector has to produce over 700,000 units of housing every year, and unfortunately, the formal sector is only churning out...