Home Feature 300,000 housing Provision Reliant on Availability of Funds — Adewole

300,000 housing Provision Reliant on Availability of Funds — Adewole

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Naomi Gabriel —

The former Managing Director of Family Homes Funds Ltd, Femi Adewole at a recent Annual Memorial Lecture for Late Fatai Osikoya, themed “Agenda for Housing Development in Nigeria: 2023 in Perspective”, held in Lagos, revealed that in order to deliver 300,000 homes by 2025 to bridge housing deficit in the country, the availability of funds for mass housing was essential.

He stated that the incessant building collapse in the country in recent times and called on people, especially those in the building industry to always engage the services of certified professionals to reverse the trend.

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:Funding necessary to provide 300,000 housing by 2025 – Adewole

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“Nigeria’s building policy for the coming years should be such that it will drive other social strata to stardom with a view to managing some of the crises that have kept the people’s social standard low.

The Special Adviser to the Lagos State Governor, on Works and Infrastructure, Aramide Adeyoye added that the state actors were looking at the builders to reform the system to give Nigerians better housing.

One of the panellists, Olugbega Ismail, said the use of local materials instead of reliance on the importation of inputs would drive down the cost of construction.

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