The Federal Government has expressed confidence that it would realise the vision of facilitating the development of one million new homes every year for the next 10 years.
Addressing the third ASO National Housing Exhibition & Conference on Thursday in Abuja, President Goodluck Jonathan hinted that the major goal and strategic objective of the housing sector is to have more Nigerians living happily in better and more affordable homes.
Jonathan, who was represented at the event at the International Conference Centre (ICC) by the minister of lands, housing & urban development, Ama Pepple, also disclosed that Nigeria’s house deficit is estimated at more than 12 million units.
“With the national housing deficit presently estimated at 12 to 16 million units, our administration recognises the significant role the private sector can play in bridging the requirement gap. As an integral part of the value chain, the private sector is well-placed to meet the housing needs of the zero income, low income, lower-medium income and the informal sector workers, and by so doing, also facilitate job creation,” he said.