The Real Estate Developers Association of Nigeria (REDAN) has lauded the federal government’s moves to accelerate the pace of reforms in the housing sector via the National Housing Funds (NHF). The minister of Works and Housing Babatunde Fashola had earlier stressed there is a need to create National Housing Funds that developers can access at a reasonable rate to reduce housing deficit in the country. Addressing newsmen in Abuja yesterday, the President, REDAN, Alh Aliyu Oroji Wamakko, said construction of houses must be private-sector driven. He stressed that this is…
Tag: housing deficit
REDAN sets to reduce housing deficit In Nigeria
The Real Estate Development Association of Nigeria, REDAN, has initiated a National Housing Development Programne tagged Rural-Urban Housing Initiative, RUHI-774. The President and Chairman of Council of REDAN, Alhaji Aliyu Oroji Wamakko made this known in Abuja while briefing newsmen on the development at the just concluded 40th Shelter Afrique Annual General Meeting held in Yaounde, Cameroon. Alhaji Aliyu Wamakko said the aim of the programme was to develop at least 100 standard housing units in each of the 774 Local Government Areas of the Federation including the FCT. According…