NMRC Housing Market Insights April 2024

NMRC Housing Market Insights April 2024

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Summary

The current administration has designated housing as a major priority in its “Renewed Hope” agenda and has made critical reforms to realise the presidential deliverables for the sector. Major changes include the creation of the Ministry of Land, Housing and Urban Development (demerged from the previous Ministry of Works and Housing) and the inauguration of four Reform Task Teams focused on tackling key areas within the sector: Housing Institutions reform, multi-agency project delivery, land reform, and buildings material manufacturing.

Source: NMRC - Nigeria Mortgage Refinance Company

Published: 2024

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