An expert in property sector, and town planning consultant, Mr Olaide Alabi, has called on the Federal Government to formulate policies that will facilitate infrastructural development in the property industry.
He said that investment in infrastructure would make the productive sector to thrive and attract Foreign Direct Investment(FDI) that will create more jobs in the country.
Alabi, who disclosed this while interacting with aviation correspondents, on Monday, posited that a critical challenge to government was how to make housing adequate and sustainable.
“It has been observed that the rise in population and spontaneous increase in size of most cities in the country have led to acute shortage of decent and affordable dwellings.
“This has led to diverse urban problems, ranging from overcrowding, deplorable environment and living conditions, inadequate infrastructure, homelessness and several others.
“There is a need for good governance through the application of appropriate development strategies that could enhance optimal utilisation of existing resources.
“There is a need for renewed collaboration and commitment among the stakeholders in housing and urban development in Nigeria.
“In this regard, relevant urban and housing development strategies should be identified and integrated to form part of the existing housing policies”, the consultant said.
Alabi further stated that the existing policies should be reviewed and reinvigorated to ensure adequate infrastructural development alongside housing delivery and the overall urban development.
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