22 million housing deficit persists despite over N124bn investment in four years

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Tribune Online
22 million housing deficit persists despite over N124bn investment in four years

abandoned projects, Roads

The Federal Government (FG) has spent over N124billion to provide mass and affordable housing in four years, yet the country is still grappling with 22 million housing deficit.

Between 2015 and 2019, the FG has expended the said sum, in a bid to provide affordable housing for Nigerians, hence reduce the deficits.

For instance, before the commencement of the FG National Housing Programme in 2017 which is expected to cover 33 states, over N35.6billion was totally allocated for various housing projects between 2015 and 2016.

According to the 2015 approved budget of the Ministry of Lands, Housing…



Source: Nigerian Tribune