One Million Housing Units Needed in Nigeria to Bridge Deficit

By Usman A. Bello

President Muhammadu Buhari has disclosed that Nigeria required one million housing units annually to reduce its current housing deficit of about 17 million in order to avert housing crisis by the year 2020.

He said this last week in Abuja during the Shelter Afrique 35th Annual General Meeting (AGM) and Symposium.

Represented by the FCT Minister, Malam Muhammad Musa Bello, Buhari said the federal government has earmarked N40 billion in the 2016 capital budget to implement a comprehensive housing programme in the country.