Adequate Housing Delivery in Nigeria - Financial Manager's Perspective

Nwanne, T.F.I (2012) Adequate Housing Delivery in Nigeria - Financial Manager's Perspective. International Journal of Research in Social Science and Human Development, 4 (1). ISSN 2276-853X

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Abstract

The rate of urbanization in Nigeria has witnessed tremendous increase in the last two decades. The national population is now estimated to be about 160million with the urban population constituting about 30% (Appendix 1). In Nigeria, a National Housing Policy was introduced in February 1991 with the goal of ensuring that every Nigerian owned or had access to decent housing accommodation at affordable cost. The major challenges facing the sector include dearth of long-term funds, absence of mortgage refinance/liquidity, weak capital base and inadequate branch network of primary mortgage institutions (PMIs), poorly designed National Housing Fund (NHF), inadequate capital, weak corporate governance structures and high cost of building materials.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
L Education > L Education (General)
Divisions: Faculty of Management and Social Sciences
Depositing User: GOUNI ICT
Date Deposited: 15 May 2018 10:35
Last Modified: 18 Jun 2019 15:36
URI: http://eprints.gouni.edu.ng/id/eprint/85

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