• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home National FG Partners Private Developers to Reduce Housing Deficit in Nigeria
  • National

FG Partners Private Developers to Reduce Housing Deficit in Nigeria

By
John Olatunji
-
June 29, 2016
Fashola
Works Minister Fashola

Babatunde-Fashola-001Towards developing a holistic and encompassing blueprint in the delivery of affordable housing to the teeming Nigerian population, the Federal Ministry of Power, Works and Housing has engaged in dialogue with relevant and critical stakeholders in the housing industry in a 2-day Summit aimed at profiling a lasting solution to the housing deficit in the country.

The summit is anchored on five key pillars to include: lands; concessions/incentives; housing finance; off-takers strategy and general skills development and technology for affordable housing.

While delivering his keynote address, the Minister of Power, Works and Housing, Babatunde Raji Fashola, SAN, said the Ministry has reviewed some methods for the implementation of the National Housing Policy, such as initiatives by the Federal Housing Authority and PPP initiatives, through Development Lease Agreements (DLAs). He however opined that some of the initiatives will be retained with modifications to evolve something new and different in reducing the housing deficit.

The Minister reiterated the need to standardized fittings such as doors, windows, tiles, roof boards and other accessories to be locally produced by manufacturers as a way of supporting the local industries, SMEs, and diversify the economy to create jobs opportunities for Nigerians.

Read Also:

  • NAF jet forced to land in Burkina Faso, authorities give reasons
  • US Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted Schoolchildren
  • NSCDC Busts Human Trafficking Syndicate, Rescues 14 Women Bound for Egypt, Israel 

Fashola appreciated the collaboration of development partners, volunteer support of the Nigerian consortium of architects and planners and most importantly the professionals in the housing sector of the Ministry of Power, Works and Housing for their resilience in developing a design, planning and costing of housing delivery that will reflect the Nigerian culture.

Earlier in his opening remarks, the Minister of State for Power, Works and Housing, Hon. Mustapha Baba Shehuri, represented by the Permanent Secretary (Works and Housing), Engr. Abubakar Magaji, noted that the summit’s discussion would be focused on examining the key constrains and challenges militating against the provision of affordable housing in Nigeria, with attempts to proffer a sustainable solution and developing strategic blueprint for affordable housing delivery in Nigeria.

According to Shehuri, the summit will also provide a veritable platform and enormous opportunity for private developers and other industry service providers to showcase their capabilities as well as proposed housing stock, building materials and innovative technologies for stakeholders in the industry.

The Summit was also graced with the presentation of the Head of the Civil Service of the Federal, Mrs Winifred Oyo-Ita, who presented a paper on the Strategic focus on the off-taker: A Paradigm Shift in Affordable Housing Delivery in Nigeria and; the Minister of Finance, Mrs Kemi Adeosun who also delivered a paper on the topic: Linking the Capital Market to Access to Finance for Affordable Housing Delivery.

There were goodwill messages from Mr. Torsten Schlink, Head of SEDIN Programme-German Development Cooperation (giz), and CEOs of sponsors in the built industry including a cream of panel of discussants. It is expected that at the end of these brain storming workshop, a communiqué on the blueprint for affordable housing delivery in Nigeria will emerge.

 

John Olatunji

Senior Information Officer

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Babatunde Raji Fashola
  • Federal Ministry of Power
  • SAN
  • Works and Housing
Previous articleNAF Jet Kills 15 Terrorists, Destroys Vehicles
Next articleTo Combat The Rate Of Kidnappings! IGP Orders Special Strike Force To Kogi State
John Olatunji
John Olatunji
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

NAF Airstrike fighter jets

NAF jet forced to land in Burkina Faso, authorities give reasons

US Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted Schoolchildren

Chief of the Naval Staff, Vice Admiral Idi Abbas

Navy Launches Annual Sea Exercise “Eru Obodo 2025” to Boost Maritime Security

Customs Intercepts Boats, 184,000 Litres of PMS in Adamawa

Nigeria’s youngest lawmaker, Rukayat Shittu,

UN Women Recognizes Nigeria’s Youngest Lawmaker, Rukayat Shittu, as Global Emerging Leader

Dr. ‘Jubreel Odukoya,

Expert Calls Otedola Bridge a “Structural Death Trap,” Urges Lagos Government to Demolish and Rebuild

REVEALED: How Nigeria’s Military Saved Benin’s 35-Year Democracy, Tinubu Salutes Armed Forces 

NAF Airstrike fighter jets

NAF Sustains Operations in Republic of Benin Following Failed Coup Attempt

Army Chief, the Commandant AFCSC, Air Vice Marshal Hassan Idris Alhaji,

Insecurity: COAS Launches Wargaming Hub, Commissions 250 Combat-Ready Officers in Security Emergency Drive

PHOTOS: AI Is Reshaping Journalism and Crisis Communication, Says PRNigeria Publisher at Campus Journalism Awards

Ribadu Hosts U.S. Congressional Delegation, Strengthens Security Partnership

Kaduna State: A Phoenix Rising from the Ashes of Insecurity and Politics, By Zubair Abdurrauf Idris

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • NAF jet forced to land in Burkina Faso, authorities give reasons
  • US Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted Schoolchildren
  • NSCDC Busts Human Trafficking Syndicate, Rescues 14 Women Bound for Egypt, Israel 
  • Navy Launches Annual Sea Exercise “Eru Obodo 2025” to Boost Maritime Security
  • WiPHLA Launches Initiative to Boost Women Leadership in African Public Health
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NAF jet forced to land in Burkina Faso, authorities give reasonsUS Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted SchoolchildrenNSCDC Busts Human Trafficking Syndicate, Rescues 14 Women Bound for Egypt, Israel Navy Launches Annual Sea Exercise “Eru Obodo 2025” to Boost Maritime SecurityWiPHLA Launches Initiative to Boost Women Leadership in African Public HealthCustoms Intercepts Boats, 184,000 Litres of PMS in AdamawaUN Women Recognizes Nigeria’s Youngest Lawmaker, Rukayat Shittu, as Global Emerging LeaderArmy Eliminates 11 Terrorists, Recovers Weapons in Precision Ambush in SokotoTroops Foil Robbery, Rescue Hostages, Recover Weapons in TarabaEX ERU OBODO: Navy Flags Off Annual Sea Exercise to Boost Maritime DefenceAbducted Niger Pupils: Military Intensifies Rescue Ops, Cautions Against SpeculationExpert Calls Otedola Bridge a "Structural Death Trap," Urges Lagos Government to Demolish and RebuildNigeria’s First Women-Only Hausa Media Outlet, Mata Media, Officially LaunchesREVEALED: How Nigeria’s Military Saved Benin’s 35-Year Democracy, Tinubu Salutes Armed Forces NAF Sustains Operations in Republic of Benin Following Failed Coup Attempt
X whatsapp