Housing news in nigeria today
Here are some recent housing news in Nigeria:
1. FG Launches Affordable Housing Scheme: The Federal Government has launched an affordable housing scheme aimed at providing 500,000 housing units across the country. The scheme, which is expected to cost N1.2 trillion, is designed to address the housing deficit in Nigeria. (Source: Vanguard)
2. Lagos State Government to Build 10,000 Housing Units: The Lagos State Government has announced plans to build 10,000 housing units in the state. The project, which is expected to cost N100 billion, is aimed at providing affordable housing for low-income earners. (Source: Punch)
3. Nigeria's Housing Deficit Hits 22 Million: The National Bureau of Statistics (NBS) has revealed that Nigeria's housing deficit has risen to 22 million units. The deficit is attributed to a combination of factors, including rapid urbanization, inadequate housing finance, and corruption. (Source: ThisDay)
4. FCTA to Build 5,000 Housing Units: The Federal Capital Territory Administration (FCTA) has announced plans to build 5,000 housing units in the FCT. The project, which is expected to cost N50 billion, is aimed at providing affordable housing for residents of the FCT. (Source: Daily Trust)
5. Nigeria's Real Estate Sector to Grow by 10%: The Nigerian real estate sector is expected to grow by 10% in 2023, driven by increasing demand for housing and commercial spaces. The sector is also expected to create over 1 million jobs this year. (Source: BusinessDay)
6. Lagos State Government to Implement Rent Control Law: The Lagos State Government has announced plans to implement a rent control law to regulate the rent market in the state. The law is aimed at protecting tenants from exploitation by landlords. (Source: The Guardian)
7. Nigeria's Housing Finance Gap to Reach N12.4 Trillion: The housing finance gap in Nigeria is expected to reach N12.4 trillion by 2025, according to a report by the African Development Bank. The report highlights the need for increased investment in housing finance to address the country's housing deficit. (Source: Premium Times)
8. FG to Provide N100 Billion for Housing Development: The Federal Government has announced plans to provide N100 billion for housing development in the country. The fund is expected to be used to finance housing projects across the country. (Source: Leadership)
9. Nigeria's Real Estate Sector to Attract $10 Billion Investment: The Nigerian real estate sector is expected to attract $10 billion in investment this year, driven by increasing demand for housing and commercial spaces. The sector is also expected to create over 1 million jobs this year. (Source: BusinessDay)
10. Lagos State Government to Build 1,000 Housing Units for Low-Income Earners: The Lagos State Government has announced plans to build 1,000 housing units for low-income earners in the state. The project, which is expected to cost N5 billion, is aimed at providing affordable housing for low-income earners. (Source: Punch)
These are some of the recent housing news in Nigeria. The country is facing a significant housing deficit, and the government and private sector are working together to address the issue.