Affordable housing crisis in Nigeria
*How Nigeria can build its way out Affordable housing models are emerging across the country, but the real challenge is moving from isolated projects to scalable systems that align housing…
ICPC hands over 27.92-hectare Abuja land to FMBN, says $65m housing loan was diverted
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has handed over 27.92 hectares of forfeited land linked to an allegedly diverted $65 million housing project to the Federal…
Developers decry stringent conditions for housing construction finance
Delegates at the Association of Housing Corporations of Nigeria (AHCN) strategy session and 113th Council Meeting in Abuja have decried stringent conditions attached to housing construction finance, particularly the requirement…
Firm demands enabling environment for developers, improved mortgage system
A Lagos-based real estate firm, Meritabode Nigeria Limited, has called on the government to create a more enabling environment for property developers to help bridge Nigeria’s housing deficit. The firm…
FMBN call for enhanced women’s role in housing sector
The Federal Mortgage Bank of Nigeria has called for stronger policies and partnerships to empower women in the housing and construction sector, noting that their growing participation is vital to…
FG flags 15.2 million constructed homes as structurally unsafe
The Federal Government has revealed that 15.2 million Nigerian homes are structurally unsafe, highlighting a severe housing crisis across the country. In a post on the ministry’s X handle recently,…