The Nigerian Institute of Quantity Surveyors (NIQS), has urged the National Assembly to ensure that the new Housing Plan Bill is passed into law speedily.
This according to the institute will enable the country address the huge housing demands across the country, which was occasioned by high cost of development, difficulty in access to Mortgage and the land use act.
Making this known in his goodwill message at the second Building and Construction Economics Roundtable, organised by the Quantity Surveyors Registration Board of Nigeria which was mad available to The Tide NIQS President, Mr. Agele Alufohai said that the right housing policies as well as good institutions could reduce the housing shortfall that has stood at about 14 million.
He said that a huge demand exists for low cost and middle income housing, as well as in the ihg-end houses and business premises in a populated country like Nigeria.
The NIQS boss disclosed that houses are the most costly things that people will ever buy, or invest in, adding that there is a great need for government at all levels to support the Mortgage system.