Reftop Homes Limited has called for urgent and comprehensive reforms in Nigeria’s housing policy to address the nation’s growing housing shortfall. The call was made by the company’s Chief Executive Officer, Dr. David Assogba, during the firm’s inaugural Board of Advisory meeting held recently in Lagos.
Assogba stressed the importance of developing a housing policy framework that supports large-scale affordable housing delivery, stating that Nigeria’s current approach has failed to meet the needs of its fast-growing population.
Speaking at the board meeting, he said, “The housing sector holds enormous potential as an engine for economic growth. If properly harnessed, it can support recovery, create jobs, and empower citizens.” He added that tackling the housing crisis requires cooperation between all tiers of government, the private sector, and professional bodies in the built environment.
Dr. Assogba also emphasized the need for collaboration with research institutions to develop sustainable, homegrown solutions tailored to Nigeria’s realities. According to him, a coordinated effort across policy, finance, and development is the only viable path toward solving the housing crisis.
Members of Reftop Homes’ advisory board echoed similar sentiments. Board Director Dr. Akin Akinpelu pointed out that addressing the housing deficit is crucial to overcoming broader economic challenges. He said the key lies in creating a clear and inclusive strategy that delivers affordable, secure, and quality housing.
“We need a unified front to drive change,” Akinpelu noted. “The scale of the problem requires courage and clarity from both public and private actors. This is not something one institution or sector can solve alone.”
Other board members present at the meeting included Col. Kayode Ajibade (rtd), Mrs. Lolade Alli, Ms. Funmi Sessi, Mr. Eizu Uwaoma, and Dr. Akin Akinpelu. Together, the board reaffirmed its commitment to advocating for reforms and working with relevant stakeholders to foster sustainable housing development across the country.
As Nigeria continues to grapple with a housing deficit estimated to be over 20 million units, stakeholders say policy clarity, private sector incentives, and stronger institutional collaboration are essential to turning the tide. Reftop Homes says it intends to be a catalyst in that transformation.
