Call on financial market experts to tackle Nigeria’s housing crisis

ABUJA (CU)_The downturn in economic activity on account of the pandemic, and several other factors have led to a major housing crisis in Nigeria. According to experts the West African nation is currently facing a housing deficit between 18 and 22 million units, while the ratio of mortgage finance to GDP has also declined to 0.5 per cent.

Against such a background, Nigeria’s Vice President Yemi Osinbajo called…

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