The federal government’s efforts at providing affordable housing for low income Nigerians will remain a mirage for so long as it does not involve the private sector meaningfully, says Festus Adebayo, a housing expert, who disclosed that all they are doing as a complement government’s efforts.
Affordability of houses, interest rates, access to land, green building and local building materials have become topical issues and constitute major topics for discussion at the annual housing show already slated for July in Abuja with the aim of giving Nigerians access to own houses.
Adebayo, the managing director of International Housing and Construction Show Limited, the organizers of the annual Abuja international Housing Show (AIHS), urged the government to take a cue from India, Singapore and Malaysia on how they were able to address their housing challenges, hoping that government would help to improve ways to get it right providing affordable housing for Nigerians.
The AIHS, already in its 12th edition, has become a platform that has carved for itself international reputation in the course of finding lasting solutions to housing shortage in Nigeria.
“The show has also become a credible platform where people network, promote their businesses and make housing available at affordable rates; It has been doing all these with the support of its partners drawn from World Bank, Africa Union of Housing Finance , UN Habitat and other major housing -professional bodies,“ Adebayo said.
This year’s edition of the show with the theme, ‘Everyone Deserves a Home’, promises to be the largest international real estate festival in Africa. Earlier editions had hosted many Nigerian leaders, including the senate president, speaker, House of Representatives, governors, ministers, etc.