Nigeria requires N21trn to address 28m-unit housing deficit –VP Shettima

*Vice-President (Sen.) Kashim Shettima discloses the West African country still requires N21 trillion to address current housing deficit across the country 

Isola Moses | ConsumerConnect

In regard to the perennial accommodation challenges amid high costs of building materials Nigerian consumers contend with in the economy, the Federal Government has disclosed the West African country still requires N21 trillion to address the current housing deficit.

Vice-President (Sen.) Kashim Shettima stated this while speaking during the ground-breaking of a 500-unit housing estate, which the Sokoto State Government is constructing.

A new housing estate in Nigeria 

Olusola Abiola, Director in the Office of the Vice President, in a statement, said Senator Shettima noted that Nigeria has a housing deficit of 28 million houses.

The statement said the Vice-President, however, commended Governor Ahmed Aliyu of Sokoto State for his efforts at tackling the housing needs of his people.

Abiola stated the mass housing project located in the Wamakko Local Government Area of the state would cost the state government a sum of N7.3 billion.

Governor Aliyu also said the housing estate would be for civil servants, and they would be sold to them when completed on an owner-occupier basis.