Housing/Property
Don Wants Govt To Tackle Housing Difficulties
A senior lecturer at the
Rivers State University of Science and Technology, Dr. Victor Obinna, has said that there are no concrete measures in place to ease the difficulties in providing affordable housing.
He said that delay in the issuance of titles and certificates of occupancy, minimal access to credit for private developers and the failures of government to regulate rent have also caused high rent in accommodation.
Obinna who made his feelings on the housing situation known to journalists in Port Harcourt, also posited that most of the unoccupied housing estates in some popular cities in Nigeria, were privately built and that the rent could not be within the reach of the poor class.
“There is no regulatory mechanism to compel private developers to rent out their houses within a given period because it is not within the purview of the government,” he said.
The don said that most of the private developers were not abreast with the federal government’s policy on affordable housing which had contributed to the high cost of accommodation in major cities.
“Housing is one of the basic needs of life as good housing leads to higher productivity and self esteem, if you are well housed, you have better health,” he said.
Obinna observed that there were lots of conditions that poor people could not meet in accessing the mortgage finance funds which were also insufficient in the face of increasing demand.
He said that the National Housing Fund (NHF) Act of 1992 that was designed to generate funds for chanelling into the mortgage institutions had not worked very well in the country for housing development.
Corlins Walter