- Written by Jonathan C. Uzoh
Hence, the Nigerian State is enjoined by Section 16(1)(d) of the 1999 Constitution under the Fundamental Objectives and Directive Principles of State Policy “to provide suitable and adequate shelter for all Citizens’’.
· Under the Transformation Agenda and Vision 20: 2020, the provision of accessible and affordable housing is one of the strategic national imperatives for guaranteeing the well-being and productivity of the citizenry. Moreover, the housing sector provides one of the most potent platforms for job creation.
· In view of the huge capital outlay for housing development which cannot adequately be met through public sector funding, Government policy focus has shifted to the mobilisation of private sector funds.