• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, August 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Estate Developer, Oyedeji Urges Federal Gov’t To Address Housing Deficit

by Jerry Emmanson
1 year ago
in News
Fola Oyedeji

Fola Oyedeji

Share on WhatsAppShare on FacebookShare on XTelegram

A real estate developer, Fola Oyedeji, CEO of EVC Nig Ltd has appealed to the federal government to take decisive action in addressing housing deficit in the country.

Advertisement

Oyedeji said government intervention is crucial to bridging the significant housing deficit that continues to plague the nation.

Speaking at a recent industry conference in Lagos, Oyedeji highlighted the urgent need for comprehensive policies and strategic investments to stimulate the housing market. “The housing deficit in Nigeria is a national crisis that requires immediate and sustained attention from the highest levels of government,” he declared.

He said private developers alone cannot meet the demand, hence the need for a collaborative effort.

Nigeria’s housing deficit is estimated to be between 17 and 22 million units, a figure that continues to rise with the country’s burgeoning population. Oyedeji noted that this shortfall has dire implications for the socio-economic development of the nation.

RELATED

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

2 hours ago
African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

4 hours ago
ADVERTISEMENT

“Housing is a fundamental human need and a critical component of national development,” he stated. “Without adequate housing, we cannot achieve sustainable growth or improve the living standards of our people.”

Oyedeji called on the federal government to introduce policies that encourage investment in affordable housing projects. He suggested that measures such as tax incentives for developers, streamlined regulatory processes, and access to affordable financing could significantly boost housing development. “We need policies that make it easier for developers to build, and for individuals to own homes,” he said. “This includes reducing bureaucratic bottlenecks and providing financial support to both developers and homebuyers.”

On infrastructure development, Oyedeji stressed the importance of improving infrastructure to support housing projects. “Good roads, electricity, water supply, and other essential services are vital for any housing development,” he explained. “The government must invest in infrastructure to create an enabling environment for real estate growth.”

ADVERTISEMENT

He further urged the government to foster stronger partnerships with the private sector. “The private sector has the expertise and capacity to deliver housing solutions at scale,” he noted. “However, we need a supportive framework that encourages public-private partnerships. Together, we can develop innovative and sustainable housing projects that meet the needs of our growing population.”

The EVC boss pointed out that regulatory challenges often hamper the progress of real estate projects. He called for reforms to make the regulatory environment more conducive for developers. “Navigating the regulatory landscape can be a significant hurdle for developers,” he said. “Simplifying and harmonizing regulations across different levels of government will go a long way in accelerating housing delivery.”

Oyedeji’s call to action comes at a time when the housing sector is grappling with numerous challenges, including rising construction costs, land acquisition issues, and limited access to finance. He reiterated that without government intervention, the housing deficit will continue to widen, exacerbating socio-economic disparities.

“This is a call to action for our government to prioritize housing as a critical area of national development. We need urgent, collaborative efforts to ensure that every Nigerian has access to decent and affordable housing,” he added.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Housing Deficits
SendShare10170Tweet6357Share
ADVERTISEMENT
Previous Post

Rack Centre, Cofinity Group Sign Channel Partnership Agreement

Next Post

Group Describes NUPRC Oil, Gas Metering Contract As Scam, Duplication

Jerry Emmanson

Jerry Emmanson

You May Like

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison
Entertainment

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

2025/08/28
African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats
News

African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

2025/08/27
BBN S10: ‘That’s Me 100%,’ Gigi Jasmine Defends Frequent Teary Eyes
Entertainment

BBN S10: ‘That’s Me 100%,’ Gigi Jasmine Defends Frequent Teary Eyes

2025/08/27
Tinubu Departs Abuja For Japan
News

Tinubu Departs Brazil En Route Abuja

2025/08/27
JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List
Entertainment

JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List

2025/08/27
Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada
News

Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada

2025/08/27
Leadership Conference advertisement

LATEST

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

Bayern Defeat Wiesbaden 3-2 In Dramatic German Cup Clash

African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

BBN S10: ‘That’s Me 100%,’ Gigi Jasmine Defends Frequent Teary Eyes

Tinubu Departs Brazil En Route Abuja

Tennis Scoring System

JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List

Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada

Niger Delta People Live On $2 Daily Despite $1trn Oil Revenue — INC

BBNaija10: Dede, Kola Spark Intimacy Rumours After Late-night Moment

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.