ADVERTISEMENT

'We need between 250,000 and 300,000 units to solve housing deficit'

The Real Estate Developers Association of Nigeria (REDAN) has come up with new estimates for how much it would take to solve the nations' housing deficit.

housing deficit

The Real Estate Developers Association of Nigeria (REDAN) has come up with new estimates for how much it would take to solve the nations' housing deficit.

He also said Nigeria needs between 250,000 and 300,000 houses.

ADVERTISEMENT

Ogunbodede was quick to remind developers to focus on quality not quantity.

“We haven’t done more than 300,000 yearly and this is insignificant compared to the 17 million housing deficit that we have to tackle as a country.

In spite of the deficit, attention must be on quality and not just quantity,” he said.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

APC requires increased accountability to function optimally - Salihu Lukman

APC requires increased accountability to function optimally - Salihu Lukman

FG to set up committee for awareness on PWD’s rights

FG to set up committee for awareness on PWD’s rights

Reps call on military to utilise modern tech for security issues in Nigeria

Reps call on military to utilise modern tech for security issues in Nigeria

UNN to reduce unemployment among Nigerian graduates through mentoring

UNN to reduce unemployment among Nigerian graduates through mentoring

AGF calls for strong internal controls to curb financial mismanagement

AGF calls for strong internal controls to curb financial mismanagement

Tariff has been hiked with no improvement - Abuja residents decry power outage

Tariff has been hiked with no improvement - Abuja residents decry power outage

Emefiele's trial adjourned to June 24, key witness cross-examined

Emefiele's trial adjourned to June 24, key witness cross-examined

Former ECOWAS Court VP slams EFCC chairman's handling of Yahaya Bello case

Former ECOWAS Court VP slams EFCC chairman's handling of Yahaya Bello case

Let’s drill 200k boreholes across the country  —  Obi begs wealthy Nigerians

Let’s drill 200k boreholes across the country  —  Obi begs wealthy Nigerians

ADVERTISEMENT
ADVERTISEMENT