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HomeInsurance & Mortgages NewsAfter many failed attempts, the Buhari administration is turning to professionals for...

After many failed attempts, the Buhari administration is turning to professionals for support

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ABUJA (CU)_Since Muhammadu Buhari took office back in 2015, his administration has launched a host of efforts to improve housing affordability in Nigeria. However, these initiatives have proven to be unsuccessful, with a housing deficit between 18 and 22 million units. Against such a background, a few weeks ago, Vice President Yemi Osinbajo called on the nation’s financial markets experts collaborate with the government to tackle the crisis. “[…] we just do not have anything like a feasible housing finance model, [and] I think it is time for us to do so,” he said during a meeting with the FMDQ Group in September.

Earlier this week, the Vice President extended…

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