2. Nigeria Housing Needs
173.6 Million Nigerians Deficit - 17 Million Homeless / Slum
Development (72.4 M)
• Problems
Construction Investment Low Mortgage Penetration High Rental costs
N59.50 trillion (US$41 billion)
3. Overseas Development Assistance
OECD (as at 2013) = $2,529,480,000
UN-Habitat investments (2008-2015) = US$ 4,348,613
IFC – US$ 30,000,000 Senior Loan
Humanitarian Assistance = $39 Million
Addressable Market - (17 Million units deficit)
4. Current Housing Deployment Status.
Huge Concentration on Poor housing policy implementation
Conventional brick & mortar buildings
Passive Introduction High Mortgage Costs
Alternative Building Technologies
5. Proposed Solutions.
•
Housing Policy Implementation Mortgage Finance
Property Title Registration
MDB/NDB Monitoring
Adopting Alternative Building Climate Finance
Technologies