• 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:

  • Deputy Senate President Jibrin Condemns Trump’s “Disgraced Country” Label, Demands Apology
  • IGP, Advocacy Group Praise Lagos Police Over Infrastructure and Rule of Law
  • CBN Researcher Wins Top Award as Nigeria Shines at ICEGOV 2025 Conference

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

How PR Became Nigerian Army’s Weapon Against Boko Haram – Kukasheka

CBN Researcher Wins Top Award as Nigeria Shines at ICEGOV 2025 Conference

President Putin of Russia

Russia Closely Watching Nigeria Amidst Trump’s Invasion Threat

Chief Frank Tamuno-Koko

NIPR Mourns Former Chairman Board of Fellows, Chief Frank Tamuno-Koko

Onne Customs Command Breaks Record with N76.07 Billion Revenue in October

Charles Soludo, Donald Trump and Nnamdi Kanu

As Soludo Denies Christian Genocide, Kanu Appeals to Trump for Sanctions and Igbo Autonomy

Department of State Security Service DSS

DSS Directors Meet in Kaduna, Map Out Fresh Strategies to Tackle N’West Insecurity

Air Vice Marshal Lanre Ibrahim Oluwatoyin

AVM Oluwatoyin: A Legacy of Precision, Service and Quiet Excellence By Oluwatoyin Luqman Bolakale

Nigeria, Ghana Customs Strengthen Ties to Combat Illicit Trade, Boost Regional Economy

EU Deploys 687 Observers for Anambra Guber Poll

President Bola Ahmed Tinubu

Tinubu Reaffirms Commitment to Defeat Terrorism, Strengthen Global Alliances

General Abdullahi Mohammed (Adangba): The Passing of a Quiet Pillar of Statecraft By Tanimu Yakubu

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • How PR Became Nigerian Army’s Weapon Against Boko Haram – Kukasheka
  • Deputy Senate President Jibrin Condemns Trump’s “Disgraced Country” Label, Demands Apology
  • IGP, Advocacy Group Praise Lagos Police Over Infrastructure and Rule of Law
  • CBN Researcher Wins Top Award as Nigeria Shines at ICEGOV 2025 Conference
  • Sierra Leonean President Arrives Nigeria to Speak at Baze University Convocation
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Deputy Senate President Jibrin Condemns Trump's "Disgraced Country" Label, Demands ApologyIGP, Advocacy Group Praise Lagos Police Over Infrastructure and Rule of LawCBN Researcher Wins Top Award as Nigeria Shines at ICEGOV 2025 ConferenceSierra Leonean President Arrives Nigeria to Speak at Baze University ConvocationRussia Closely Watching Nigeria Amidst Trump's Invasion ThreatNIPR Mourns Former Chairman Board of Fellows, Chief Frank Tamuno-KokoRear Admiral Hamza Ibrahim Takes Over as New Navy Holdings CEOWe'll Defeat Terrorism, Build a Stronger Nation — Tinubu ReassuresIGP Lays Foundation for Conference Centre at Lagos Police CommandICPC Arraigns NSCDC Officer for Misappropriating N1.72m in KadunaOnne Customs Command Breaks Record with N76.07 Billion Revenue in OctoberNigerians’ Aspirations Depend on Our Performance - Air Chief AnekePHOTOS: Army Chief Storms Maiduguri, Declares ‘No Hiding Place for Insurgents’Kogi CP Briefs Ododo on Security Situation, Charts Strategies for ImprovementThird-Estate Celebrates AVM Oluwatoyin's Illustrious Military Career
X whatsapp