By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: How Good Governance Can Improve Housing Delivery
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > How Good Governance Can Improve Housing Delivery
News

How Good Governance Can Improve Housing Delivery

Fesadeb
Last updated: 2019/10/11 at 7:29 AM
Fesadeb Published October 11, 2019
Share
SHARE

Housing shortage remains  an issue of concern in Nigeria which governments at all levels have evolved numerous  schemes to address.

For instance, the National Housing Policy came into force in 1991 to profer solutions to housing problems in Nigeria.   The basic goal of the policy at inception was to provide affordable housing to accommodate Nigerians in livable environment and ensure that the low income groups also have access to affordable housing and other related facilities.

An unhygienic and unhealthy housing can affect the security, physical health and sanity of man.  Provision of housing, which is central to human existence, is a demonstration of good governance that addresses the social, welfare and economic development of any society. No wonder the International Human Rights Agency recommends that government at all levels should do all within its power to provide for the housing needs of its citizens.

One can therefore argue that, the housing sector is the bedrock of any given economy and also an important tool for stimulating growth and development. Housing construction indices are some of the most common measures used by analysts to gauge economic growth in any country.  In more advanced countries of the world, like the United States of America and Britain, the sector contributes significantly, between 30 percent and 70 percent of their Gross Domestic Product (GDP).

Moreso, investment in housing accounts for between 15 percent to 35 percent of aggregate investment worldwide and the sector employs approximately 10 percent of labour force worldwide thereby reducing unemployment and criminality rate.

In line with its agenda ‘Building the Future of Ogun State Together’ and its promise of a people centred government,  Governor  Dapo Abiodun-led administration said it has acknowledged the huge deficit in affordable housing for low income earners across the state.  The Governor has allocated a large percentage of its resources towards ensuring that residents in the State have decent roofs over their heads, by gradually providing decent and befitting  accommodation for all and sundry through one of its agencies, Ogun State Property and Investment Corporation (OPIC).

The agency has commenced the development of Kings  Court Estate, with about 48,685.34 square meters of approximately 4.87 hectares of land, located along the Presidential Boulevard, Oke Mosan, Abeokuta, the state capital.

The proposed Gated community would accommodate 51 villas of five bedrooms and an attached Boy’s Quarters, with other facilities including a shopping mall, club house, a recreation centre, potable water, swimming pool and uninterrupted power supply, among others.

The initiative, according to the Managing Director of the agency, Mrs Ibiyemi Adesoye would aid the growth of the state’s economy as an investment hub in Nigeria, by attracting investors considered fundamental to the economic development and the individual prosperity of the state.

Another giant stride in this direction is the proposed Family Homes Estate at New MakunCity which is an initiative of Family Homes Funds ( FHF), a Federal  Government Social Housing Project in collaboration with the State Government that aimed at making housing affordable and available for low-income earners in the Country.

Having realised the position of the State and government’s determination towards providing affordable housing for its citizenry, the Ogun was chosen as one of the pilot states to test-run the scheme.  Currently, the scheme is on-going with 36 units of studio flats, 456 units, each of 1 and 2 bedroom flats and 72 units of 3 bedroom bungalows at various stages of completion.

With the latest development, residents in the state can boast of a world class secured, peaceful and serene environment that would meet their day-to- day challenges.

The Dapo Abiodun-led administration has demonstrated its determination to make housing, not only available, but affordable to the people of the State. This is underscored by the recent giant strides by OPIC and Ogun State Housing Corporation which is a sister agency, established and saddled with similar mission to ensure that people in the state-owned or, at least, have access to decent, safe and sanitary housing accommodation at affordable cost with secured land tenure.

The good news for the citizens is the commencement of mass housing estates across the state at affordable prices to address the housing deficit in the state.

Governor whose ideology is premised on ‘Building Our Future Together’ has not left out the civil servants and has assured them of the construction of more housing schemes that would not affect their take-home pay.

Source: sunnewsonline

You Might Also Like

FG Targets Q4 Launch for $2bn Fibre Rollout as Digital Economy Booms

Wike Reaffirms Tinubu Administration’s Focus on FCT Satellite Towns

Ebonyi State Boosts Doctors’ Welfare with New N500,000 Monthly Pay Package

President Tinubu Backs National Unity at Pope’s Inauguration in Vatican

Tinubu Unveils Major Overhaul of Public Procurement System to Boost Transparency and Support Local Industries

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

Fesadeb October 11, 2019 October 11, 2019
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

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

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?