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    Kapital FM 92.9 The Station that Rocks!

National

todayJuly 24, 2023

Background

The Deputy Speaker of the House of Representatives, Mr. Benjamin Kalu has called for the collective effort of all the stakeholders in the housing sector to fix the inherent challenges in the sector.

He said that the 10th House was willing to work with the stakeholders to meet the housing needs of the people which one of them is massive deficit of units

In his goodwill message as a special guest at the 17th Africa International Conference on Housing in Abuja, the Deputy Speaker who was represented by his Chief of Staff, Mr. Toby Okechukwu bemoaned the report of 16. 9 million housing deficit in Nigeria.

According to him, the report placed Lagos, Ibadan, Kano, and Abuja as cities that have 20 percent rise in housing needs yearly.

The Speaker highlighted some of the factors that have contributed to the housing deficit in Nigeria to include rapid urbanization, population growth, and a lack of affordable housing finance among others.

He said the 10th House of Representatives is willing to partner stakeholders to enable Nigerians benefit from an improved Housing Sector.

You Can Also Read: House To Investigate Non Remittances To NHF

We are willing when approached by stakeholders to expend our legislative powers to fixing Nigeria’s housing sector challenges. It must also be stated that the development of Housing would be difficult without huge investments in key infrastructure like roads, urban planning, waste management, and energy. As is the theme of this event, we need to make housing happen in Nigeria”

“We urge you to approach the House with your ideas and actionable plans for a better Housing Sector. We need your inputs to ensure that the housing sector in Nigeria delivers on its promise to provide housing for all.

“Specifically, we encourage you to propose ideas on how to make it easier to access affordable housing finance; invest in infrastructure to make it easier to build and develop new housing units; promote public-private partnerships (PPPs) to bring together the resources of the government and the private sector to address the
housing deficit.

We believe that your ideas will be valuable in helping the executive led by
President Ahmed Bola Tinubu and the National Assembly to develop a comprehensive plan to address the housing deficit in Nigeria.”

Expressing his displeasure with the mortgage system that had apparently made it difficult for the common man to own a house; and the divergent views of Nigerians on the land use act, Kalu said that the lawmakers still had a duty of enacting impactful legislations.

Oduyemi Odumade, Edited By Grace Namiji

Written by: Bukky Alabi

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