Tag Archives: affordable housing

Has Nigeria’s Federal Government Unlocked the Secret to Affordable Housing?

SOURCE: LAGOS, NIGERIA, (ECHOSTONE DEVELOPMENT NIGERIA LTD)  Officials tasked with the development of affordable housing made news this weekend, as Nigeria’s Minister of State, Works and Housing disclosed the Federal Government’s (FG) plan to build 4 million houses by 2033. With a national housing deficit estimated between 17 to 20 million and growing by 900,000 … Continue reading

August 29, 2019 Nigeria

Building Strong Pillars for National Mortgage Market

SOURCE: THIS DAY LIVE The key elements for the growth of a national mortgage finance market are gradually taking shape. Major housing industry players including mortgage banks, financing institutions, and developers are working together in a more structured fashion. The country’s mortgage market, which has for several decades, depended on bank deposits now raises longer-term … Continue reading

January 2, 2019 International, Nigeria
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