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Nigeria Needs N21 Trn To Address Housing Deficit

Nigeria Needs N21 Trn To Address Housing Deficit

BY Realty Plus
Published - Tuesday, 12 Sep, 2023
Nigeria Needs N21 Trn To Address Housing Deficit

The Vice President, Kashim Shettima has said that despite efforts by governments across different levels, Nigeria’s housing deficit remains huge as N21 trillion will be required to effectively bridge the gap.

The Vice President stated this in Sokoto at the groundbreaking for the construction of a 500-unit Housing Estate by the State government. Shettima, who commended the State governor, Ahmed Aliyu, for his efforts to address the housing needs of his people, noted that the housing deficit in Nigeria remained a huge challenge.

According to the VP, “Nigeria has a deficit of 28 million houses and we will need N21 trillion to meet our housing needs. “This step taken by the Governor is highly commendable and worthy of emulation by other State governments.”

Earlier in his remarks, Governor Aliyu said the housing estate will be for civil servants and would be sold to them when completed on an owner-occupier basis. The governor disclosed that the project located at Wamakko Local Government Area of the State will cost the State government N7.3 billion to complete.

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