The Federal Government has said it will collaborate with state governments and other stakeholders to reduce Nigeria’s estimated 15 million housing deficit.
The Minister of Housing and Urban Development, Ahmed Dangiwa, who stated this on Thursday at the closing ceremony of the 14th National Council on Lands, Housing and Urban Development held in Ilorin, Kwara State also clarified that the housing deficit currently stands at 15million.
“Unlike previous unreliable figures, current data shows that Nigeria’s housing deficit stands at about 15 million units, rather than the 20 million or more that was previously being quoted,” he said.
The meeting, themed “Achieving Housing Delivery and Sustainable Cities through Effective Land Management, Urban Renewal, Promotion of Local Building Materials, and Public Private Partnerships in Nigeria,” was organised by the Federal Ministry of Housing and Urban Development.
Speaking on the theme, Dangiwa outlined a Unified Housing Delivery Framework designed to align federal housing institutions with state level implementation.
He said the Federal Mortgage Bank of Nigeria, Federal Housing Authority, Nigeria Mortgage Refinance Company, MOFI Real Estate Investment Fund, and Family Homes Funds Limited would operate as a single, coordinated system.
