Channels Television
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Business Morning: Nigeria's Housing Deficit Linked To High Cost Of Building Materials Part2
Posted
July 25, 2014
Views
181
July 25, 2014
181
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7:08Now PlayingNigeria’s Housing deficit of over 17 million has been linked to the high cost of building materials and slow growth of mortgage system.
A professor of Estate Management with the University of Lagos, Timothy Nubi, told Channels Television on Friday that the issues must be addressed by the Federal Government for Nigeria to reel out of the housing deficit.
He asked the authorities to regenerate slums across the country by providing adequate health and sanitary facilities where necessary.
Professor Nubi also urged the Federal Government to tap into the opportunities provided by technology to speed up the level of housing construction in the country.
He stressed the need for houses to be built in large number and that efforts should be made to reduce cost of building and time of construction.
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