Sunday , July 25 2021
Home / Business / Local Business / No Housing Crisis In Nigeria says Fashola
Babatunde Fashola

No Housing Crisis In Nigeria says Fashola

Spread the love

The Minister of Works and Housing, Babatunde Fashola, has dismissed claims that Nigeria has a 17 million housing deficit.

Fashola spoke on Thursday during the weekly ministerial briefing organised by Presidential Communication Team at the Presidential Villa, Abuja.

The minister said he consulted with the National Bureau of Statistics (NBS) and some international organisations, including the African Development Bank (AfDB), and they confirmed that the Nigerian housing deficit reports were not correct.

He, therefore, said the claim should be disregarded.

The minister said there was no housing crisis in Nigeria as a country with many empty houses could not be classified as such.

He attributed the pressure on housing in the country to rural-urban migration, thereby creating a demand and supply problem.

Fashola said the fact that people left their houses in the rural areas to squat in the cities did not amount to housing deficit in the country.

He said: “It’s illogical to say we have that housing deficit when you have empty houses. No such deficit exists anywhere in the world.”

About Charles Igbinidu

Charles Igbinidu is a Public Relations practitioner in Lagos, Nigeria

Check Also

Julius Berger Announces Major Road Diversion On Lagos-Shagamu Expressway

Spread the loveConstruction company, Julius Berger Nigeria PLC, has announced a major road diversion on …

Leave a Reply

Your email address will not be published.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