ADDRESSING NIGERIA’S 21ST CENTURY HOUSING NEEDS

By Qs. Olamide Abegunde INTRODUCTION Amidst the myriad of problems facing Nigeria, housing stands out. According to the Central Bank of Nigeria in 2019, only 10% of Nigerians who desire to own a home can afford it, compared to 72% in the United States and 78% in the United Kingdom. This estimate is inadequate for the size of our economy, indicating that only two hundred thousand people can afford a house out of a population of over two hundred million and still rising. This issue is exacerbated because, even with…

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