Funke Okubadejo: Nigeria – so many people, too little reform

Nigeria may lack many things, but people abound. She will be the third most populous country in the world by 2050 with a population of 410 million, the World Bank estimates. Current population growth trajectory presents an opportunity for a demographic dividend from the expansion of its productive workforce given its youthful 193 million population with 41% below the age of 15. The big question for these many millions – can policy deliver growth per capita rather than growth in mouths to feed?

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EchoStone Breaks Ground In Green Affordable Housing With IFC’s Edge Certification

International provider of affordable housing solutions, EchoStone, has earned EDGE certification (“Excellence in Design for Greater Efficiencies”) for 251 residential properties in its Peridot Parkland Estate. The certification, presented in Lagos by EDGE certifier thinkstep-SGS, marks the first residential housing development to be certified in Nigeria.

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Architects target 300 units in new homes scheme

Efforts at reducing the housing deficits in Lagos received a boost last week, as Lagos chapter of Nigerian Institute of Architect (NIA) jump-started an initiative that would provide 300 units of affordable homes in the state. The project to be located at Epe, Iyana-Ipaja or Ikorodu is in partnership with Sterling Alternate. It targets the low-income and middle-income earners as well as tends to build an utopian community for residents.

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How four years of Buhari government failed to bridge housing gap

The housing sector worldwide, is believed to be the bedrock of the economy of most developed nations, an important tool for stimulating growth.In the advanced countries, the sector contributes between 30 and 70 per cent of their Gross Domestic Product (GDP). Investment in housing accounts for 15 per cent to 35 per cent of aggregate investment worldwide and the sector employs approximately 10 per cent of labour force worldwide.

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