Housing/Property
Architect Calls For Social Housing Scheme
An architect, Ezekiel Nya,
has advocated for a sustained investment in social housing scheme by all stakeholders in both the private and public sectors, so as to facilitate the realization of Vision 20:2020.
He has also posited that housing development is the bedrock of the economy of the developed nations of the world where, according to him, the housing sector contributes between 30 and 70 per cent of the GDP.
Nya who was speaking while interacting with The Tide on housing development declared support for sustained investment in mass housing which he said should be championed by the federal government.
According to him, the Federal Government should champion the realisation of the strategic national objective of delivering one million housing unit annually in order to increase the housing stock where the low income group will be the specific target.
The architect also endorsed the redefinition of social housing, as not just for the poor and the less privilege, but for the unemployed, low and medium-income earners, adding that a specific date like November 1, every year be declared as a national social housing awareness day for the awareness of the scheme.
The building sector stakeholder, however urged government not to merge agencies and ministries whose functions are related but should enhance their effectiveness, and allow each to operate independently.
He said that each of these agencies in the housing sector should be allowed to stabilize, so as to be able to fulfil its required mandate.
Nya also commended the Federal Mortgage Bank of Nigeria (FMBN), Federal Housing Authority (FHA) as well as other Primary Mortgage Institutions in the country in all their efforts and contributions so far in the development of the housing sector.
Although, he said much has not been done, but urged agencies and stakeholders to double their efforts in ensuring that the mass housing scheme attracts better investment.