Nigeria Needs N21 Trillion To Bridge Housing Deficit

Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima - Politics - Nairaland

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Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Thonyb2(op): 8:31am On Sep 11, 2023

Vice President Kashim Shettima on Sunday disclosed that Nigeria requires N21 trillion to effectively bridge housing deficit, despite efforts across the three tiers of government.

Shettima stated this in Sokoto at the groundbreaking for the construction of a 500-unit housing estate by the State government.

The VP, who commended Governor Ahmed Aliyu for his efforts to address the housing needs of people of his State, noted that the housing deficit in Nigeria remained a huge challenge.

Shettima said, ”Nigeria has a deficit of 28 million houses and we will need N21 trillion to meet our housing needs.

“This step taken by the Governor is highly commendable and worthy of emulation by other State governments.

”The governor has started well by completing the roads and flyovers he inherited.”

Earlier, the Governor explained that the housing estate would be for civil servants and would be sold to them when completed on an owner-occupier basis.

Aliyu said: “This is a project that was initiated by the former Governor of the State, Aliyu Wamakko but was later abandoned by the immediate past administration.

“But, we are determined to complete it for the benefit of our workers and the general public.”

The event, which was to mark the first 100 days in office by the administration, was attended by Senator Aliyu Wamakko, the Minister of Agriculture and Food Security, Senator Abubakar Kyari, among others.

https://.ng/2023/09/11/nigeria-needs-n21trillion-to-bridge-housing-deficit-shettima/

3 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by LeeSantos(m): 8:32am On Sep 11, 2023

Abeg abeg as you dey rush come read comment, no match me oh. Me sef come read comments

17 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Alchemy528: 8:33am On Sep 11, 2023*

Adequate housing is not just about shelter; it's about providing stability, security, and a foundation for economic growth. Nigeria must prioritize this issue

Contact me for your academic assignment thesis,power point presentation, proposal, article, available for any field of writing using Turnitin provide quality works just WhatsApp me below

10 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Nobody: 8:45am On Sep 11, 2023

theyve started again

oleeeeee tongue

7 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Davicl: 8:46am On Sep 11, 2023*

Ok....we mention money 🤑 anyhow in this country.

3 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by TooNoisy(f): 8:46am On Sep 11, 2023

This is one area the government needs to focus on. Good shelter is a fundamental human right. I am happy the Tinubu administration has split Works and Housing. Housing needs special focus as it directly impacts the populace.

5 Likes 1 Share

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by koxi(m): 8:46am On Sep 11, 2023

What are these liars saying again,,,?!

7 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by BigDawsNet: 8:47am On Sep 11, 2023

Do we need up to that to tackle housing crisis in Nigeria?

I think we should invest more on security and unemployment

2 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Authoreety: 8:47am On Sep 11, 2023

Ok

But first of all... Start by telling Dangote to reduce the price of Cement and FG should also work on price of fuel

9 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Adeolajude(m): 8:47am On Sep 11, 2023

Then let's go and borrow now..but we need to borrow 100 trillion so that you guys can have ur cut

2 Likes 1 Share

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Nobody: 8:48am On Sep 11, 2023

Na money wey dem go steal Dem dey bokoharam sponsor.

1 Like

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Jahwinaboy(m): 8:48am On Sep 11, 2023

Trillions, yes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by CodeTemplar: 8:48am On Sep 11, 2023

Nonsense. Since when has housing become sole responsibility of govt? You make people prosperous by enabling business environment and they do most if the building. This is a gateway to award contracts to cronies for construction of mushroom houses.

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Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by tolumizzy(m): 8:48am On Sep 11, 2023

Early cash out don start.......ha......make una fear God naw

1 Like

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by PUSSYHOE(m): 8:48am On Sep 11, 2023

You and tinubu should go and borrow or steal it oloriburuku idiots.

3 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Promismike(m): 8:48am On Sep 11, 2023

Ok. U mean money to be embezzled by you bunch of criminals.

1 Like

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by amade1: 8:48am On Sep 11, 2023

how he even come up wit this estimate, I don't knw

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by KubwaBoy: 8:49am On Sep 11, 2023

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by mrvitalis(m): 8:49am On Sep 11, 2023

This is easy to get

In fact let me break it down in case

Implement a housing tax regime of 15% rental value of every house in Nigeria

We have a minimum of 20 million house with a rental value average of say 1 million pet year that's 150,000 x 20,000,000
.. That's 3 trillion

Use this money to give to banks to create a housing mortgage system... Banks can build develop housing low income houses in regions that needs them

Blocks of flash 2 bedroom and 3 bedrooms... Going for 10 million to 20 million each... With a good credit score and 20% down payment you can get a Margate at 5% interest rate for 20 years... So for 15 million house

You would be paying 790k mortgage per year plus your 15% rental value tax

This 3 trillion can build 250,000 flats and generate generate close to 20 billion I'm rental tax to government

Plus additional 50 billion tax from profits from banks
70 billion minimum per year and about 200 billion loan repayment

So you have 270 billion yearly now yo build more flats to sale and boom in 10 years the system can generate over 3 trillion yearly for the government

But what do I know

Cheaper houses for Nigerians,

4 Likes

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by dyera(m): 8:49am On Sep 11, 2023

The federal government will never build housing unit in the south, only in the north.

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by CooldipoMPS: 8:51am On Sep 11, 2023

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Kenxxy(m): 8:51am On Sep 11, 2023

How many people dey this country? cry

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by cardoctor(m): 8:52am On Sep 11, 2023

We hope you will be able to achieve that in the next 8years.

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Johnholt909: 8:53am On Sep 11, 2023

TooNoisy:
This is one area the government needs to focus on. Good shelter is a fundamental human right. I am happy the Tinubu administration has split Works and Housing. Housing needs special focus as it directly impacts the populace.

Look at one of the them.

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by NkanuSon: 8:54am On Sep 11, 2023*

THIEF!!!

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by free2ryhme: 8:54am On Sep 11, 2023

Thonyb2:
https://.ng/2023/09/11/nigeria-needs-n21trillion-to-bridge-housing-deficit-shettima/

Conniving Thieving bastards

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by Johnholt909: 8:55am On Sep 11, 2023

koxi:
What are these liars saying again,,,?!

Yes. That guy is a vagabond.

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by INTEGRITYA1(m): 8:55am On Sep 11, 2023

Some of us are willing and ready to engage in PPP (Public Private Partnership) with the Federal Government to solve house deficit problems in Nigeria.

Below opportunity is for those who want to enjoy Lagos Island in Mainland.

Elegantly Built And Tastefully Designed 3 Bedroom Fully-Detached Duplex with BQ. $80,000 (N75million)

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Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by PRECIOUS14482(m): 8:57am On Sep 11, 2023

Re: Nigeria Needs N21 Trillion To Bridge Housing Deficit – Shettima by MANNABBQGRILLS: 8:58am On Sep 11, 2023

To close the first page of this thread,

All of us at MANNA will say.....

GOD HELP NIGERIA 🇳🇬 .

GOD SAVE NIGERIA 🇳🇬 🙏

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