10TH ABUJA HOUSING SHOW

Africa's Largest Professionals & Stakeholders Event
10TH ABUJA HOUSING SHOW
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Africa's Largest Professionals & Stakeholders Event
10 TH ABUJA HOUSING SHOW
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10th Abuja Housing Show Programme Brochure

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10th Abuja Housing Show Communique

Expanding Access to Affordable Housing in Africa

 This year’s annual show observed the following in the country’s housing sector:

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There is the growing need to expand access to housing in Nigeria and Africa. The implications of the high deficit in housing stork is that tenants now pay over 60% of their disposable income on housing instead of the 20-30% advocated by the UN. The need exists for effective mortgage system with indigenous technical inputs and private participation. There are serious barriers to housing provision in Nigeria and there is the need for proper amendment of the laws and the constitution in this regards. Commercial banks’ lending is unaffordable. The Land Use Act of 1978 needs to be repealed.

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