The Minister of Housing and Urban Development, Ahmed Dangiwa, on Monday lamented that 80 percent of Nigerians cannot afford housing due to financial constraints.
This, Dangiwa noted, accounts for the major causes of the housing deficit in the country.
The minister stated this in his keynote address at the opening of the maiden Kaduna International Housing Exhibition, held at Umaru Musa Yar’Adua Hall, Kaduna, Kaduna State.
He noted that the major issue governments at all levels have to address in their desire to deliver sustainability to the citizens is the issue of affordability.
He added that statistics had shown that almost half of Nigeria’s population of over 200 million are poor and have weak purchasing power.
He said, “In fact, of the 43 million households, over 85% have less than N1.1m purchasing power. Of this, 40% (about 17.2 million…
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