The Federal Government has revealed that Nigeria requires an annual investment of $6.25bn to address the country’s housing deficit, estimated at over 28 million units. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this recently at the Renewed Hope Housing Public-Private Partnership Summit held in Abuja. Dangiwa emphasised that despite numerous housing policies Read More
Nigeria needs $6.25bn annually to bridge its 28 million housing unit deficit, requiring 500,000 units annually for the next decade. The government is implementing the Renewed Hope Housing Programme and National Urban Renewal and Slum Upgrade Programme, emphasizing public-private partnerships, including a plan to deliver 100,000 units with a consortium and 5,000 units via Shelter Afrique Development Bank.
