Lagos to deliver 20,000 housing units by 2018

Source: - October 15, 2017

The state of Lagos in Nigeria has promised to deliver 20,000 housing units by 2018, in order to bridge the existing housing deficit in the state.

According to Gov. Akinwunmi Ambode, the state will continue the public-private partnership to provide decent and affordable housing for all. He also said that they are open to new ideas, technology and methods. This is to provide an enabling environment for investment in the housing sector. (...)

Nigeria’s National Housing Scheme begins in 33 states

Source: - August 28, 2017

The Federal Government of Nigeria recently commenced construction of houses in 33 states for workers under its National Housing Scheme. This is according to the Minister of Power, Works and Housing, Mr Babatunde Fashola.

Fashola made this known at the sixth meeting of the National Council on Lands, Housing and Urban Development. The ministry was in charge of organizing the meeting held last week in Abuja. The pilot scheme engaged 653 contractors to deliver 2,736 units as far as the housing program is concerned. (...)

Construction of the Atlantic Resort in Nigeria to commence in November

Source: - August 14, 2017

The Atlantic Resort which is a stunning development in Lagos, Nigeria is set to commence construction in November this year. The Grenadines Homes which is a Real estate development company will kick-start its flagship project in the West African country (…)

Housing problem in Nigeria gets World Bank intervention

Source: - June 21, 2017

The World Bank and International Development Association (IDA) have set aside $300m to fast-track provision of housing to the expanding Nigerian population. The move is aimed at addressing the housing problem in Nigeria (…)

Why Made-in-Nigeria policy cannot work in housing sector – FCTA

Source: - May 31, 2017

The Federal Capital Territory Administration (FCTA) has said the Made-in-Nigeria policy of the federal government cannot work in the housing sector, because of the unrefined state of locally-sourced building materials in the country. (…)

International Housing Solutions invests $214,000 in Nigeria

Source: - May 4, 2017

International Housing Solutions (IHS), the global private equity investor leading investment into the affordable housing sector in sub-Saharan Africa, has created HIS Fund II, to target affordable and energy-efficient housing opportunities in sub-Saharan Africa (…)