Housing Funding: Nigeria’s Capital Market Remains Untapped Despite Huge Potentials - Onyema

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

He made this known during a presentation centering on housing funding and capital markets at the Day two of the Africa International Housing Show (AIHS) in

While referencing the World Bank’s statistics, he said the demand for affordable housing in Nigeria is huge and growing in the face of a sizable deficit, hence requiring a rapid intervention to help close the gap.

While reeling out some of the efforts the government has made in closing the housing gap, Onyema said that the government at various levels has recognized the importance of housing and embarked on various reforms and interventions in the sector to bridge the existing deficit. While describing financing as the most crucial element in housing investment, he said that the availability of finance determines access to other key inputs such as land, labour, materials, and infrastructure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Experts tasks government, private sector on housing deficit | The Guardian Nigeria News - Nigeria and World NewsTo address housing deficit in the country, the Chief Executive Officer (CEO) of Michline Property Investment and Solutions Ltd., Oladiti Olufemi, has urged the government and private sector to collaborate... Federal Mortgage Bank indicate a deficit of at least 28 million housing units. There is an untapped revenue for investors to take advantage of. And this is the right time for as many looking for what to invest in to invest in the Real Estate with No risk and inflation proven
Source: GuardianNigeria - 🏆 1. / 94 Read more »