Business
LCCI Tasks Govt On Housing
The President of the Lagos Chamber of Commerce and Industry (LCCI), Mr Femi Deru, has urged government at all levels to evolve policies that would make houses available to ordinary Nigerians.
Deru made the plea in Lagos at the Honours’ Nite and Launching of the Journal of Lagos State chapter of the Nigerian Institution of Estate Surveyors and Valuers (NIESV).
He said availability of houses in the country was not growing astronomically with the population because of rising cost, warning that this required immediate attention.
“Housing in urban and sub-urban areas has outgrown the population and many areas have turned to slums.
“As professionals, we know that the problem of housing is affordability. I, therefore, call on the government to develop immediate policy action to address it,” he said.
Deru urged government to tackle the problems of rising cost of building materials, registration of land use structure and interest rate regime.
Government, he said, should equally look into concerns about mortgage finance, house designs, collapsed building, site and service schemes and the Land Use Act.
“Government should also consider the development of local capacity and the reduction in the importation of buildings materials,” he added.
The LCCI president noted that a robust long-term fund was critical to the development of housing.
He said LCCI was worried about the constant collapse of buildings and the inability of government to penalise those found culpable.
Deru urged real estate practitioners to check the activities of quacks and those engaged in unethical practices, saying this would help restore dignity to the profession.
Business
FG Approves 4 New Channel Management Firms For Seaports
Business
RIRS Warns Against Unauthorised Tax Collection
Business
Bayelsa consumers Groan Over Inflation As Traders Remain Helpless Over Low Patronage
-
Sports3 days agoNigerian Trio Target Titles At PFL Africa Finals
-
Education3 days agoFCE Yola Graduates 3,555 Teachers , Seeks Upgrade to University
-
Niger Delta3 days agoDiri Restates Stance On Lagos-Calabar Coastal Highway
-
Niger Delta3 days agoC’River, NUJ Pay Tribute To Late Guardian Editor
-
News3 days agoNDLEA Recovers Tons Of Illicit Drug Consignments In Nine States
-
Opinion3 days agoChecking Voter Apathy In Nigeria’s Electoral Process
-
Politics3 days ago2027: DICKSON’S EX-ALLY VOWS TO WORK AGAINST NDC INTEREST IN BAYELSA
-
Politics3 days ago2027: GROUP PLEDGES 40,000 SUPPORTERS FOR COALITION CANDIDATES IN RIVERS
