My Housing Agenda , By Buhari
In
a welcome address delivered by President Buhari at the opening of the
two-day National Economic Council retreat holding in Abuja, the president put
Nigeria’s housing deficit at about 16 million units.
He
said: “In our successful campaign to win the general election last year our
party, the APC, promised to build a million housing units a year. This will
turn out to be a very tall order unless “The federal government builds
250,000 units and the 22 APC states together manage another 250,000 units; then
we invite foreign investors together with local domiciled big construction
companies to enter into commercial housing building to pick up the rest.”
The
President also noted that ” severe shortage of housing, high rents,
unaffordable prices for the prospective buyers, especially middle and
low-income earners” in addition to ‘red Tape, corruption and plain public
service inefficiency lead to long delays in obtaining ownership of title
documents” Others were the huddles faced in actualizing meaningful housing scheme
for all.
Buhari
called for a review of the relevant laws to make the process of acquiring
statutory rights of occupancy shorter, less cumbersome and less costly.
He
further suggested: “Court procedures for mortgages cases should make
enforcement more efficient. The Ministries of (Power) Works and Housing should
upgrade its computerization of title registration system for greater
efficiency.”
http://www.housingnews.org.ng/category/blog/
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