HDAN Seeks Release Of N200bn CBN Housing Intervention Loan - Latest News
He said “To the best of our knowledge the agreement for the release of this loan for the sector development has been signed since 2020 but till now the disbursement has not reached any of the govt owned housing finance agency.
Adebayo said just few weeks ago president Biden announced the intervention of 73bn USD that’s about 53 trillion Naira for affordable housing. That is About 5 times the entire Nigeria Budget. So when we’re crying about lack of social housing to take care of the vulnerables in our society ,this is the problem. And that is lack of political will to develop our mortgage and housing sector.
“Most of these would currently live in informal settlements with shared facilities in unsanitary environments. Towards targeting people on low-income level across the country.”
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