Affordable houses: Still a long way to go | The Guardian Nigeria News - Nigeria and World News

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The housing crisis in the country appears to be deepening despite efforts by both federal and state governments to bridge the deficit.

The economic shock generated by the Coronavirus pandemic that ravaged the world for the most part of 2020 and the early part of this year affected families in a manner that has brought the issue of housing deficit in the country back to the front burner. In fact, many families living in rented apartments are struggling to renew their rents while others have suffered eviction by their landlords.

The minister’s position notwithstanding, stakeholders who appreciate the enormity of the country’s housing crisis have continued to seek for solutions through discussions at different fora. One of such was the National Housing Fair recently organised by the BSTAN Group in Abuja where Vice President Yemi Osinbajo observed that issue of cheap and affordable houses for Nigerians and reducing deficit seemed to have defied all solutions since independence.

A federal civil servant, who spoke with The Guardian on condition of anonymity, condemned both the scheme and the National Housing Fund , describing them as fraudulent. “The whole scheme is a fraud. Nobody I know has been able to access the fund till date. If you go there to ask for the money, you would hear different stories. This is money they have been deducting for years with nothing to show for it when you want to collect it. We should be able to access it after a number of years. Whether I want to use it to build a house is nobody’s business. Let us just see the money.

Corroborating Akinyemi’s claims, an entrepreneur, Yusuf Ahmad, said he had been trying to get an allocation at the Abesan Housing Estate owned by the Lagos State but government to no avail. “But in terms of the allocation, what we do really, is that we check the debt to income ratio of applicants.” A source at the FISH office in Abuja told The Guardian that the housing scheme was real and progressing. The official, who gave insight into what is happening in the scheme, said many people that applied for houses benefitted without much stress.

 

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