Enhancing property ownership in Nigeria through Auction
In this article, we provide context to how auctions can be used as a veritable tool for enhancing home ownership ...
Tag: Housing deficit
Scarcity of affordable housing options in Abuja traps poor Nigerians in slums
It is the irony in its name that first strikes you when you get to the area called Kings and ...
Lagos housing crisis: Two-room wooden shanties without toilets or bathrooms in Makoko Waterside cost N180,000 annually
Despite the inhumane treatment residents in Makoko go through, it's surprising that they pay up to N180,000 annually to rent ...
Housing Minister seeks N500 billion annual allocation to address Nigeria’s housing deficit
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has formally requested an annual allocation of N500 billion ...
Over 130% rise in building material costs stall projects nationwide, worsen Nigeria’s housing crisis
The rising cost of building materials has outpaced his income as a civil servant, making it impossible to continue.
House rents in Lagos skyrocket by over 100% as household incomes stall
In the past four years, rents have skyrocketed by over 100% across parts of Lagos state, far outpacing stagnant incomes ...
Top CEOs/MDs of Mortgage banks in Nigeria by market cap
Nigeria faces a staggering housing deficit of 28 million units, demanding an estimated N21 trillion for meaningful intervention.
Why does Lagos State have the highest commercial construction activity in Nigeria but still a persistently growing housing deficit?
With the enormity of construction work in Lagos, the natural expectation is that the housing deficit will have been completely ...
Senator urges FG to introduce property tax on unoccupied buildings in Abuja
In a bid to boost revenue for the FCTA, the FG has been urged to introduce property tax for unoccupied ...
NGX has new instruments that can be used by developers to raise funds for the housing sector – Oscar Onyema
Onyema noted that the housing situation in Nigeria is plagued by a shortage of affordable housing proliferation of low quality ...
