• Nigeria
  • Thursday , Feb 1 , 2018

Feature: Nigeria’s increasing population and challenges of housing deficit

January 24, 2020 4531 comments
By Franca Ofili,

Nigeria’s population is currently put at about 194 million people, while the United Nations estimates that the figure will rise to 400 million by 2050.

By that estimate, Nigeria will be the most populous country in the world after
China and India.

However, available data put Nigeria’s housing deficit at 17 million.

Aware of the consequences of fast growing population on the housing sector, various governments had put measures in place to address the housing challenge.

The measures and policies include-enactment of the Land Use Act of 1978, Mortgage Institutions Act, 1989, Federal Housing Authority Act, 1990, National
Urban Development Policy, 1997, Housing and Urban Development Policy, 2002, among others.

In spite the numerous policies, and the Land Use Act, meant to liberalise land acquisition for housing, stakeholders noted that not much have been achieved.

They stressed the need to adopt strategies that would boost construction of mass houses.

Senate President Ahmed Lawan, who commented on the challenges in the housing sector, said there was need to amend the Land Use Act.

“I am aware that there are critical areas that require legislative intervention such as the Land Use Act, the National Housing Fund, Housing Regulations, and many more enabling policies.

“It is in my agenda to see to it that all policies required to get us
closer to our collective dreams are achieved, as the senate president, I recognise the importance of housing.’’

On his part, Mr Gideon Luka, Minority Whip of the House of Representatives, said that the House would ensure that the Nigerian Institute of Architects (NIA), a key player in the housing sector is given all the needed support.

“The challenges of housing are enormous, but there is a lot we can do in order to remain focused in addressing housing deficit in the

“All the professionals must work together to address the challenges of housing in the country,’’ he said.

Mr Yemi Adelakun, Managing Director, Nigeria Integrated Social Housing
(NISH) Affordable Housing Ltd, called for a robust savings scheme to ensure inclusive growth and development.

Adelakun stressed the need to encourage cooperative housing scheme, address building materials and financing challenges, among others.

Mr Ahmed Dangiwa, the Managing Director, Federal Mortgage Bank of
Nigeria (FMBN), said addressing the housing deficit must go hand-in-hand with the promotion of use of local building materials and technology.

Dangiwa said that ArchiBuilt has made a lot of impact in this direction.

ArchiBuilt is an annual exhibition organised to continually bring to the fore, trends, technologies, systems, and policy issues that impact on the building industry’s intervention and responses to
everyday living.

“ArchiBuilt had made lots of impacts on government policies on the building and construction sector.

“The promotion of local content in building materials and construction technology cannot be overemphasised,” he said.

He said that the forum should be sustained as it provides platform for government at all levels, policymakers, professionals and sector players to interact.

Mr Festus Adebayo, the Chief Executive Officer of Fesadeb Communications Ltd. called on the Federal Government to declare a state of emergency in the housing sector.

Adebayo, the convener of the just-concluded 13th Abuja International Housing Show, said that the population of the country is growing at a geometric rate, while housing is growing at arithmetic progression.

He said the Federal Government’s efforts in the provision of houses could not match the country’s population growth rate.

“The 17 million deficit cannot be static, every day we are increasing in number without increasing in ideas, policies and political will.’’

Adebayo said that government should not be involved in building houses; rather it should come up with policies that would encourage people to invest in the sector.

He advised relevant authorities to focus more on what is called “Rental Housing Scheme,’’ which he defined as “own and pay accordingly.”

Adebayo also called on the government to ban importation of building materials in order to promote local content in the building sector.

He also identified high mortgage interest rate as a major challenge facing the housing sector.

Adebayo said that the situation made it difficult for the citizens to access loans from mortgage banks.

“An ordinary citizen of Nigeria cannot walk into a mortgage bank and process a loan because the interest is still at double digits.

“A civil servant who worked for 35 years cannot afford to buy a two-bedroom apartment in a good location in Abuja or Lagos,” he said

Mrs Mounia Tagma, Manager of Middle East and Africa Projects, at the Affordable Housing Institute (AHI), called on the government to fashion out intervention in order to reduce the cost of land and construction.

She advised that the country should carryout research that would inspire actions and bring results.

Prof. Charles Inyangete, Chairman, Innovative Risk and Investment Solution, said the challenge of affordable housing should be addressed via a comprehensive urban plan that would sustain new

He said that statistics released in October 2015 by the Centre for Affordable Housing Finance in Africa, indicated that Nigeria needed about 363 billion dollars to meet its current housing needs.

Inyangete, a former Managing Director,  Nigeria Mortgage Refinance Company (NMRC), said that the country would only succeed in building homes by building sustainable communities.

According to him, statistics by McKinsey Firm also revealed that Nigeria currently has about 96 million urban households that are financially overstretched, while many people live in
substandard housing.

Mckinsey also said that by 2025, 106 million additional low income households would face the challenge of affordable housing, especially in the urban areas.

With contributions from experts on the way forward, government should identify the best option to tackle the country’s housing deficit. The “Rental Housing Scheme,’’ may be a credible and workable option. (NANFeatures)


  • Comment Link yeezy boost 350 v2 Sunday, 20 December 2020 08:41 yeezy boost 350 v2

    A lot of thanks for every one of your efforts on this website. My mother really loves working on internet research and it is easy to see why. Most of us know all about the powerful form you give great tips and tricks through your web site and welcome participation from some others on this theme and our princess is truly studying a great deal. Take advantage of the rest of the year. You have been carrying out a tremendous job.

  • Comment Link jordan 1 off white Sunday, 20 December 2020 08:40 jordan 1 off white

    A lot of thanks for all your hard work on this site. Debby really likes setting aside time for research and it's easy to understand why. I know all relating to the compelling method you convey important ideas by means of the website and therefore welcome response from the others on the issue and our favorite simple princess is actually discovering so much. Take advantage of the remaining portion of the new year. Your carrying out a tremendous job.

  • Comment Link ブランドジバンシィバッグコピー Sunday, 20 December 2020 07:56 ブランドジバンシィバッグコピー

    Air Cooler Parts https://www.xikooaircooler.com/air-cooler-parts/
    N級品グッチ靴コピー https://nittygrittyvintage.com/front-page/

  • Comment Link ディオールネックレスコピー国内発送 Sunday, 20 December 2020 07:20 ディオールネックレスコピー国内発送

    Industrial Plastic Crusher https://www.jrplas.com/industrial-plastic-crusher/
    高品質トッズ靴コピー https://nittygrittyvintage.com/

  • Comment Link 赌厅网投 Sunday, 20 December 2020 05:43 赌厅网投

    コーチ帽子スーパーコピー激安 https://www.dermscan.com/cpt_publication/sirvent-a-21/
    澳门博狗 http://www.pkgtapes.com/sex5855/

  • Comment Link curry shoes Sunday, 20 December 2020 02:14 curry shoes

    My husband and i have been so contented when Edward could do his inquiry through your ideas he was given out of your blog. It's not at all simplistic to simply happen to be releasing guidelines that some people have been making money from. Therefore we figure out we need the writer to thank for this. The entire illustrations you've made, the simple blog menu, the relationships your site make it easier to create - it's got all sensational, and it's really leading our son and us understand the content is interesting, which is pretty fundamental. Thanks for the whole lot!

  • Comment Link yeezy supply Sunday, 20 December 2020 02:14 yeezy supply

    I wish to express some thanks to this writer just for rescuing me from this challenge. After surfing around through the online world and seeing things that were not productive, I thought my life was done. Being alive devoid of the answers to the issues you've fixed by means of your main review is a critical case, as well as the kind that might have in a negative way affected my career if I hadn't encountered your site. Your actual ability and kindness in touching all the details was valuable. I'm not sure what I would've done if I had not come upon such a subject like this. I can also at this time look ahead to my future. Thanks a lot very much for your specialized and sensible help. I won't think twice to propose your blog to anybody who requires tips about this area.

  • Comment Link golden goose Sunday, 20 December 2020 02:14 golden goose

    I wanted to draft you the very small observation to help give thanks once again about the nice tips you've featured at this time. It is so unbelievably open-handed with you to supply extensively all that a lot of folks would've supplied for an e book to earn some profit on their own, chiefly considering that you might well have tried it if you considered necessary. These basics additionally acted to be a good way to comprehend many people have similar zeal just like my very own to find out great deal more with regard to this issue. Certainly there are a lot more pleasurable situations ahead for many who see your blog.

  • Comment Link lebron james shoes Sunday, 20 December 2020 02:14 lebron james shoes

    I would like to show my respect for your kind-heartedness supporting those individuals that absolutely need help on that concept. Your real dedication to getting the message up and down came to be rather practical and has really allowed guys much like me to realize their pursuits. Your amazing helpful help and advice signifies a lot to me and especially to my colleagues. Warm regards; from everyone of us.

  • Comment Link off white Sunday, 20 December 2020 02:14 off white

    I and also my pals were looking through the excellent thoughts from your website and so suddenly got a terrible feeling I had not expressed respect to the web blog owner for those strategies. All of the people are actually as a result excited to see them and already have quite simply been loving these things. We appreciate you genuinely considerably considerate and also for making a decision on this sort of very good topics millions of individuals are really wanting to discover. My personal sincere apologies for not saying thanks to you earlier.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.