Developer Identifies Obstacles To Mass Housing In Nigeria

An Abuja-based estate developer, Mr Nosa Edeko, has blamed some government policies and bureaucratic bottlenecks in getting land allocations as some of the challenges facing mass housing in Nigeria.
Edeko who is the Chief Executive Officer of GEFEM Property and Construction Limited, an estate developing firm, spoke in an interview with newsmen in Abuja, yesterday.
He said mass houses built in the country, especially in Abuja go beyond the reach of an average civil servant because of the high cost of acquiring the land.
“Mass housing problems in Nigeria especially in Abuja stem from what developers pass through; there are bottlenecks and difficult government policies that hinder us from getting approvals and accessing lands.
“Acquiring land for estate development comes at a very high cost and because the developers are in business to make profit, they have to partition these lands and sell to the people at a high cost just as they have purchased it.
“By the time you put the cost of what you acquired a land and cost of building it, it now makes the building more expensive than other parts of the country.
“The policy must be flexible and friendly, because government year in year out, talk about housing deficit, yet the problem is increasing on a yearly basis, without any serious effort to arrest it.
“You cannot say there is housing deficit and land is not available; we will not build these houses in the air,” Edeko said.
According to him, the idea of mass housing could be defeated in situations where approvals cannot be given in the city centre for the building of bungalows.
“The challenge basically for those who cannot afford residential houses within FCT is that there are certain districts where you cannot build certain specification of houses.
“For instance, you cannot get approval in the city centre for bungalows; you can only get approval for penthouses and duplexes.
“So, the costs of building these types of houses are usually very high, and when you put that side by side by what government workers earn, it will be difficult for them to afford such houses”, he further said.
The post Developer Identifies Obstacles To Mass Housing In Nigeria appeared first on :::...The Tide News Online:::... .
Official Email:

Top News

Davinsons is all about the reader, YOU. We aim to make being informed as enjoyable and stressless as possible. We aim to aggregate, produce and distribute over 1000 news and information items daily from over 250 news organisations.

We operate from Abuja, Lagos, and the United Kingdom.