Housing Deficit: Developer Promises 1,000 Homes For Nigerians In 10 years

In celebration of the 2023 World Habitat Day, a real estate agency, Roomeo Construction Company, has said it has set an audacious goal of providing 1,000 homes for Nigerians within 10 years, starting in 2024, in order to eliminate barriers to attaining gainful and sustainable returns on real estate. Speaking Monday in Abuja, during the launch of a debut 12-unit, 2-bedroom serviced apartment building in Kaura District of Abuja, known as Sequence 1, the founder/CEO of Roomeo Construct Limited, Mr. Doyin Adewola, said the intervention of the company is to encourage affordable and sustainable urban housing in Abuja. He said: “Our world is facing unprecedented challenges regarding sustainability and it’s up to every one of us to take action to make a difference. Let’s consider what we can do to ensure our habitats remain vibrant and healthy for generations. The Theme to mark World Habitat Day this year is Resilient Urban Economies, and we will look at how cities can drive growth and recovery. “Our cities in Nigeria can be a powerful driver of growth and recovery by investing in infrastructure, promoting innovation, and fostering a supportive business environment. Cities can also attract new businesses and talent by offering a high quality of life, access to education and healthcare, and a diverse and inclusive community. “We at Roomeo have set an audacious 10-year goal to provide 1,000 homes for Nigerians starting in 2024. We will continue to eliminate the barriers to attaining gainful and sustainable returns on real estate. We ask that you join us as we make our dream a reality.” Also speaking, Director, Department of Development Control, Abuja Metropolitan Management Council (AMMC), Town Planner Mukhtar Galadima Usman, advised real estate firms to always adhere to approved building plans, lamenting that many realtors have been in the habit of cutting corners, hence the prevalent building collapse. Similarly, a construction engineer, Engr. Dr. Otunba Victor Omo-Raydon, said the government must identify and prosecute landowners, investors, consultants, architects, structural engineers, quantity surveyors, and project managers involved in cutting corners to curb the menace of building collapse, lamenting government was not doing much in this aspect.
FG Committed To Solving Housing Deficit, Says Minister

The Federal Government is committed and passionate about solving housing deficit in the country. The Minister of Housing and Urban Development, Mr Ahmed Dangiwa, made the pledge when he received Governor Dikko Radda of Katsina State in Abuja. “Since independence, Nigeria has struggled to provide decent housing for its citizens. “In spite of numerous plans, initiatives, projects, and institutions introduced over the past 60 years, progress has been limited. “With rapid population growth, these unsuccessful or suboptimal efforts have led to the accumulation of a significant housing shortage,’’ the minister said. Dangiwa said, the housing sector remains far from where it should be in terms of meeting the needs of millions of Nigerians for decent shelter while contributing as a catalyst for economic growth, job creation, and poverty eradication. “This is the challenge that President Bola Tinubu has put on my shoulders. With the grace of Allah, I am committed to putting in the hard work necessary to break the jinx of failure and achieve historic success. “As part of our efforts to achieve this, we have outlined a series of housing reform initiatives in line with the Renewed Hope Agenda for Housing and Urban Development of President Tinubu. “We plan to embark on a Stakeholder Engagement Drive with State Governors nationwide towards achieving it. Commending the governor for his achievements within a short time, Dangiwa solicited the support of the indigenes of Katsina to ensure the Radda-led administration transforms the state. ‘His tireless efforts in improving security, education, agriculture, infrastructural development, and the welfare of our citizens is a testament to his vision for a prosperous Katsina. ‘As a fellow son of Katsina state, I am immensely proud of the momentum of achievements that he has recorded in such a short time and I pray to the Almighty to continue to grant him the wisdom, understanding, and good health to transform our state. “As the Minister of Housing and Urban Development, I approach my work with the full understanding of the huge responsibility that accompanies it,’ he said. Read also: The minister encouraged Governor Radda to deepen collaboration with key housing agencies, including the Federal Mortgage Bank of Nigeria, Federal Housing Authority, and the Family Homes Funds, to increase access to affordable housing for Katsina indigenes. Earlier, Radda said that the provision of affordable housing remains part of its priority programmes to improve the lives of its citizens. According to the governor, Katsina state is ready to collaborate with the Ministry of Housing and Urban Development to open the cities in the state. “Urban renewal is one of the major priority of our administration. “We want to expand our city, we are in the process of developing Katsina master plan which has expired in the last 30 years. “So, urban renewal is one of the major focus of our administration and affordable housing to serve the people. “So, we are thinking collaboration with the Housing and Urban Development Ministry to tap from your experiences to help us in achieving our goal of renewing our cities and towns in the state,’’ Radda said.
Nigeria Requires N21trn To Bridge Housing Deficit – FG

The Vice President, Kashim Shettima, has said that Nigeria requires N21 trillion to effectively bridge housing deficit, despite efforts across the three tiers of governments. The vice president stated this on Sunday in Sokoto at the groundbreaking for the construction of a 500-unit housing estate by the State government. Shettima, who commended Gov. Ahmed Aliyu for his efforts to address the housing needs of his people, noted that the housing deficit in Nigeria remained a huge challenge. “Nigeria has a deficit of 28 million houses and we will need N21 trillion to meet our housing needs. This step taken by the Governor is highly commendable and worthy of emulation by other State governments. “The governor has started well by completing the roads and flyovers he inherited,” he added. Earlier, the governor explained that the housing estate would be for civil servants and would be sold to them when completed on an owner-occupier basis. Aliyu said: “This is a project that was initiated by the former Governor of the State, Aliyu Wamakko but was later abandoned by the immediate past administration. “But, we are determined to complete it for the benefit of our workers and the general public.” Aliyu disclosed that the project located at Wamakko Local Government Area of the State will cost the State government N7.3 billion to complete. The event, which was to mark the first 100 days in office by the administration was attended by Sen. Aliyu Wamakko and the Minister of Agriculture and Food Security, Sen. Abubakar Kyari. Others were the Minister of State, Water Resources and Sanitation, Alhaji Bello Goronyo and former Deputy Governors of Sokoto, Mukhtari Shagari and Chiso Abdullahi-Dattijo, among others.