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

Celebrity Gig



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

The former Managing Director of Family Homes Funds Ltd, Femi Adewole, has said the availability of funds for mass housing was essential to deliver 300,000 homes by 2025 to shore up the housing deficit.

Adewole disclosed this at the Annual Memorial Lecture for Late Fatai Osikoya, themed “Agenda for Housing Development in Nigeria: 2023 in Perspective” which was held in Lagos recently.

READ ALSO:  Meta to begin WhatsApp business owners' verification

He decried 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.

“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.

READ ALSO:  Ex-Theranos COO Sunny Balwani sentenced to nearly 13 years in prison

The Special Adviser to the Lagos State Governor, on Works and Infrastructure, Aramide Adeyoye, said 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.

READ ALSO:  CBN policy will increase housing cost, says REDAN

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: [email protected]

Categories

Share This Article
Leave a comment