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Nigeria’s Housing Deficit: REDAN Moves to Build 77400 Houses

BY DAVID MOROUNTODUN

The President of the Real Estate Developers Association of Nigeria (REDAN), Mr. Aliyu Wamakko, has said the association will build 77400 housing units across all the Local Government Areas (LGAs) local areas across the nation under its Rural-Urban Housing Initiative (RUHI-774) to bridge the country’s 17 million housing deficit.

Wamakko, made the disclosure at the real estate construction expo 2021 in Abuja at the weekend.

Wamakko expressed optimism that the housing project will generate massive employment in all the local government areas in the federation including the Federal Capital Territory (FCT).

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According to him the housing scheme is to enable all Nigerians to own a home at his/her Local Government of origin or anywhere of their choice in the country.

Wammako, said: The RUHI-774 project is geared towards producing 100 percent Nigerian House by encouraging the use of local materials thereby promoting Local Content Development and the development of the Building Material Production Industrialization.’’

The RUHI -774 housing project, he added, is meant to provide decent affordable homes to Nigerians with basic infrastructure as well as create a hub of decent and liveable communities in the Local Government Areas of the Federation.

REDAN boss assured that the housing scheme will create at least 2.5 million direct and indirect jobs as well as generate multi-purpose cooperative societies in the local governments for socio-economic empowerment.

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