Tag: Affordable Housing

  • Federal Government Pegs Nigeria’s Housing Deficit at 14.9 Million Units

    Federal Government Pegs Nigeria’s Housing Deficit at 14.9 Million Units

    Reporting by The Guardian indicates that the Federal Government has officially released updated data on the country’s housing crisis, placing the national deficit at 14.9 million units. This figure, released by the National Housing Data Technical Committee, aims to provide a credible baseline for future planning and investment in the real estate sector. The Minister of Housing and Urban Development, Architect Ahmed Dangiwa, noted that the lack of accurate data had previously hindered the government’s ability to tackle the shortage effectively.

    The report underscores the growing pressure on both the public and private sectors to deliver affordable housing, particularly in urban centers where migration remains high. Unlike previous years where the “17 million” figure was frequently cited without empirical evidence, this new data is expected to guide the allocation of resources under the National Housing Program.

    Vanguard corroborated the report, quoting the committee chairman, Dr. Taofeek Olatinwo, who said, “The country’s housing deficit stood at 14.925 million as of late 2025.” ThisDay also covered the launch, noting that “investors are now looking at the data to identify high-demand regions for affordable housing projects.”

    Echotitbits take: A lower-than-expected deficit figure might sound like good news, but 15 million is still a staggering number. The focus will now shift to whether the government can provide the necessary land titles and infrastructure to make private-sector participation viable.

    Source: The Guardian – https://guardian.ng/news/fg-puts-nigerias-housing-deficit-at-14-9-million/ January 28, 2026

    Photo Credit: The Guardian

  • Ogun State to build 2000 affordable housing units

    Ogun State to build 2000 affordable housing units

    Ogun State government says it is working towards delivering 2000 housing units at affordable prices to the people in a very short time.

    The State Governor, Prince Dapo Abiodun stated this Thursday when he received in audience the Managing Director and Chief Executive Officer of Family House Fund, Mr. Femi Adewole, who paid him a visit in his office at Oke-Mosan, Abeokuta.

    The Governor listed housing as one of the pillars and enablers of his administration, noting that the process has started with the construction of 150 of the 400 housing units at Prince Court Estate in Abeokuta, just as efforts are on to replicate same in the other Senatorial Districts.

    He said some factors like wrong location, lack of access roads, unavailability of electricity and potable water, had led to failure of housing schemes in the past, saying that housing estates built by his administration, would provide comfort for the dwellers.

    The Governor said the State decided to operate under the Economic Sustainable Programme to enable it benefit from the value chains, adding that his administration was ready to provide enabling environment to genuine investors who are ready to invest in the State.

    Speaking earlier, Mr. Adewole said his visit was to discuss ways of deepening relationship between his company and the State in the area of providing affordable housing to the people, help the State actualise its vision on housing, explore opportunities of working with government in creating jobs as well as to update government on its 1020 project at New Makun, Sagamu.