Home Latest News Lawmakers vows to address Nigeria’s housing deficit

Lawmakers vows to address Nigeria’s housing deficit

Lawmakers vows to address Nigeria’s housing deficit

From Jonas Ezieke, Abuja

Worried by the increasing number of Nigerians who ‘ve accommodation challenges in major cities in Nigeria, the House of Representatives Committee on Housing and Habitat has vowed to ensure adequate legislative intervention to address it.

Chairman of the House Committee on Mustapha Bala Dawaki gave the assurance at the inuagural meeting of the Committee on Tuesday at the National Assembly Abuja.

The lawmaker who said that there is need to revisit the National Housing Fund Act to address housing challenges in the country added that there is housing deficit in Nigeria.

He therefore has called for a system that ensures that tenants contribute a substantial part of their earnings to a mortgage finance institution that can help to finance building of their own houses in the country.

He said:” it is only in Nigeria that someone is working and does not have a roof over his head.We ‘ll use our legislative powers to ensure that whatever ‘ll bring the problem to the end is done urgently”.

Speaking on the imperatives of an effective oversight of the Ministry of Works and Housing, he noted that the House Committee’s jurisdiction and powers is to oversight only the housing sector.

Other agencies with the legislative purview of the House Committee are: the Federal Housing Authority FHA, Federal Mortgage Bank of Nigeria FMBN and Federal Mortgage Homes.

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