Shettima Estimates Nigeria Requires N21 Trillion to Address Housing Shortfall

Shettima Estimates Nigeria Requires N21 Trillion to Address Housing Shortfall

Vice President Kashim Shettima revealed on Sunday that despite ongoing efforts by the three tiers of government, Nigeria still faces a significant housing deficit that requires an estimated N21 trillion to bridge effectively.

This announcement was made during a groundbreaking ceremony for a 500-unit housing estate initiated by the State government in Sokoto.

VP Shettima extended his appreciation to Governor Ahmed Aliyu for his proactive measures in addressing the housing needs of the people in his State. He underscored the persistent and substantial housing deficit in Nigeria, emphasizing that it poses a formidable challenge.

Shettima elaborated, stating, “Nigeria currently grapples with a housing deficit of 28 million homes, and to adequately address this shortfall, we would need an investment of N21 trillion.” This staggering figure highlights the magnitude of the housing issue in the country.

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.” 

Previously, the Governor clarified that the housing estate is intended for civil servants and will be made available to them for purchase upon completion, following an owner-occupier model. 

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 gathering, held to commemorate the initial 100 days in office of the administration, saw the presence of notable figures such as Senator Aliyu Wamakko and Senator Abubakar Kyari, who serves as the Minister of Agriculture and Food Security, among others.

 
 

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