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Sunday, July 5, 2020

Expert advocates comprehensive urban planning to solve Nigeria’s housing deficit:

Prof. Charles Inyangete, Chairman, Innovative Risk and Investment Solution says the challenge of affordable housing can only be addressed by a comprehensive urban plan that will sustain new communities. Inyangete said this on Thursday while delivering a paper on “Addressing Housing Demand in the Face...

How Nigeria can develop 4m housing units in 4 years, Experts

Apparently worried by increasing accommodation challenges among Nigerians, some concerned affordable housing advocates have mulled fresh ideas to deliver four million houses in four years. Throwing themselves in for the housing challenge and solution, they sought from the Federal Government an Executive Order or legislation...

With N5,000 any Nigerian can own shares in REIT companies – Etoniru

Managing Partner of a leading real estate firm, Joe Etoniru and Associates, Mr. Chidi Etoniru, has said the Real Estate Investment Trust,REIT, offers an alternative way to invest in property. He explained that REIT does not just owns property, but manages property on behalf...

Over 90m Nigerians living in ‘face me i face you type’ of housing— FMBN

The Federal Mortgage Bank of Nigeria FMBN has said that most Nigerians citizens, indeed more than nine million lacked affordable housing. The branch Manager, FMBN, Enugu, Mr Emeka Aroh, made the disclosure on Friday in Enugu at a one day seminar organised by a private...

Experts call for more Real Estate Fund Listings on NSE to address Nigeria’s 20m housing deficit

Experts call for more Real Estate Fund Listings on NSE to address Nigeria's 20m housing deficit, according to the Only three REFs listed on the NSE, which are Union Homes Real Estate Investment Trust, Skye Shelter Fund and UPDC Real Estate Investment Trust. According to...

Nigeria’s real estate sector must be liberalized to attract investors – Experts

The International Real Estate Federation (FIABCI) has said except the economy is liberalised and agencies of government are made to complement one another in services delivery, the much desired Foreign Direct investment (FDI) into the sector may not come. FIABCI, however, noted that government agencies...

13 states to copy new mortgage law

August 20, 2018 Following calls for the government to simplify the process of homeownership, more states are taking steps to reform mortgage and land administration, MAUREEN IHUA-MADUENYI writes To make access to land, housing and mortgage less cumbersome for their indigenes, about 13 states are expected...

FG spends N198bn to build 26,002 rent-to -own model houses

A total of N197bn has been spent on the construction of 26,002 houses across the country. The Federal Government announced this on Tuesday, adding that part of the funds was also used for the renovation of 13,953 homes nationwide. The Managing Director, Federal Mortgage Bank...

Nigeria needs N3.65 trillion to increase housing stock by 730,000 units annually

Former Managing Director of the Nigeria Mortgage Refinance Company, Professor Charles Inyangete, has disclosed that to forestall a housing crisis in the country in the next couple of years, Nigeria would require N3.65 trillion to increase housing stock by 730,000 units annually. Speaking at a...
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