The paradox of huge deficit housing

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The paradox of huge deficit housing
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The point is that the 17 million housing deficit often cited may be a farce when viewed critically. PublicHousing Fashola MinisterofWorks Nigeria

scattered all over the country. This fact puts to question what constitutes the housing deficit and how were the figures obtained. The point is that the 17 million housing deficit often cited may be a farce when viewed critically.

Viewed from this angle, the huge housing deficit may be more in the imagination than reality. The problem in such cases is location – where people chose to live at a particular time rather than lack of housing in the real sense of the word. Also, lack of effective housing development policy contributes to the problem. Surprisingly, Nigerian authorities have accepted the unproven huge housing deficit and often refer to it anywhere the issue of housing is being discussed.

It is gratifying that Prof. Osinbajo raised doubts about the veracity of the figures being paraded whose source we don’t know. In the same vein, the Minister of Works and Housing, Babatunde Fashola, the other day while addressing reporters during a tour of federal government roads and housing projects in the South-East and South-South decried the much-talked about huge housing deficit that Nigeria is said to have, describing it as farce.

The role being played by private developers who are developing estates in many cities is noteworthy. Of recent, many people are packing into their purchased apartments and houses in housing estates in cities. Many of the estates are found in Abuja, Lagos, Ibadan, among other places.

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