Featured, Housing Finance, Latest Housing News, Trending News

Don urges FG, states to replicate Jakande housing scheme to bridge deficit

Prof. Gbenga Nubi, Director, Centre for Housing Studies, University of
Lagos, has urged the Federal and state Governments to replicate the
then Jakande Mass Housing Scheme to bridge housing deficit in Nigeria.

Nubi made the call on Wednesday in Abuja at the ongoing 12th Abuja
International Housing Show organised by FESADEB Communications Ltd.

The Housing News reports that Nubi was speaking at the
stakeholders’ session on the theme “Addressing Knotty Issues in
Housing Delivery’’.

Click here to download Abuja International Housing Show Mobile App

Nubi wondered why the country could not make things right in housing
delivery after the pacesetting and impactful mass housing scheme of
Alhaji Lateef Jakande, former governor of Lagos state in 1978.

“It is the responsibility of the government to provide housing for its
citizens, make infrastructure worthwhile and building materials
possible to access.

“Every responsible government can follow employee housing scheme of
Jakande, the government can replicate Jakande housing scheme to bridge
deficit and achieve affordable housing.

“Land Use Act is not the problem hindering housing delivery in the
country, rather how the government interprets it and go about it is
the problem,’’ the expert noted.

He noted that the Jakande housing scheme sold two bedrooms flat for
N2, 500 as against N50, 000 being obtainable in the market then.

According to him, if the government can emulate such feat, it will
assist the civil servants and other Nigerians to own affordable
houses.

Also speaking, Dr Chi Akporji, Executive Director, Nigeria Mortgage
Refinance Company (NMRC), endorsed the replication of the Jakande
housing scheme of in the states.

Get your daily housing news on your mobile phone : Download from goggle playstore Now

According to her, the states can make concerted effort in replicating
the scheme because it was highly regarded and commended all over the
country.

Akporji noted that the NMRC has evolved a technology platform which
allowed the stakeholders and key players in the industry to come
together with the goal of reducing housing cost and increase housing
efficiency.

She decried cases of unoccupied houses in Abuja and other places in
the country, adding that studies have revealed that the houses where
used by corrupt people to dumb stolen money.

“Houses are the easiest place to hide stolen fund, the owners do not
care about how long they stay redundant but just to hide ill gotten
wealth there.

“Government can prevent such things from happening, some states are
now forcing people to occupy such houses or lose them,’’ she said.

Rev. Chime Ugochukwu, National President of Real Estate Development
Association of Nigeria (REDAN) noted that one of the knotty issues in
housing delivering was land administration issues.

Chime stated that land has a lot of characters including land
registration, titling issues and restiveness in some communities.

He expressed regret that in some places housing developer could not
have access to the land due to some spiritual issues and other issues.

He hoped that the show would come up with recommendations which would
enhance housing development in the country.

The show is a unique one for construction industry stakeholders
presenting new products, innovation services and technology to proffer
solution to housing problems.

The show, scheduled to hold from July 16 to July 19, has its theme as
“Driving Growth and Sustainability in Nigeria’s Housing and Mortgage
Markets-Improving Structures and Policies for Impact.”

Follow Us on Social Media
Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Facebook Auto Publish Powered By : XYZScripts.com
Translate »

You have successfully subscribed to our newsletter

There was an error while trying to send your request. Please try again.

Housing News will use the information you provide on this form to be in touch with you and to provide updates and marketing.