IDEAS home Printed from https://ideas.repec.org/a/ava/cbnefr/v57y2019i4a9p.html
   My bibliography  Save this article

Issues, Challenges, and Prospects in the Housing Sector: Operator’s Perspective

Author

Listed:
  • Festus Adebayo

    (Abuja International Housing Show, Abuja)

Abstract

This article provides an operator’s perspective on the issues, challenges, and prospects in the housing sector in Nigeria. Topics covered include existing housing situation in Nigeria; and issues and challenges affecting affordable housing in Nigeria. The article also examines the prospects for Nigeria housing sector and made key recommendations which include: Creating enabling policies around land title documentations; Fast track the passage of foreclosure bill into law to legally resolve default issues in the sector; Advance the ongoing partnership between the Mortgage Banking Association of Nigeria (MBAN) and the Central Bank of Nigeria (CBN) with regards to the underwriting standards which can increase housing and mortgage affordability for the masses; Building the right skill ecosystem through job-driven training programmes; Institutionalisation of collaboration and partnerships between large scale industry players to enhance mass housing provision and affordability; Creating standard data base in African countries, especially in Nigeria; and Policy creation, adoption and financing of sustainable buildings that utilise green approach in construction which integrates topography into developments.

Suggested Citation

  • Festus Adebayo, 2019. "Issues, Challenges, and Prospects in the Housing Sector: Operator’s Perspective," Economic and Financial Review, Central Bank of Nigeria, vol. 57(4), December.
    • Handle: RePEc:ava:cbnefr:v:57:y:2019:i:4:a:9:p:
    as

    Download full text from publisher

    File URL: https://dc.cbn.gov.ng/cgi/viewcontent.cgi?article=1025&context=efr
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ava:cbnefr:v:57:y:2019:i:4:a:9:p:. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bishara Dogo (email available below). General contact details of provider: https://edirc.repec.org/data/cbngvng.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.