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Lack of incentives for local production worsens housing crisis – Report

The absence of regulatory incentives for local production of building materials continues to exacerbate the housing crisis, a report by BuyLetLive has stated. It added that Nigeria remains heavily reliant on imported construction materials, leaving the industry vulnerable to exchange rate volatility and global inflationary pressures and that localising the production of materials such as Read More



A BuyLetLive report states that the lack of incentives for local production of building materials worsens Nigeria's housing crisis, which is further impacted by reliance on imported materials, inflation, and challenges with government housing initiatives.

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