Nigeria faces housing gap running into millions of units

Nigeria’s housing sector has been discussed for decades due to a large deficit of millions of housing units. A Daily Trust article covers diaspora mortgage and other housing mortgages.

Nigeria's housing sector remains a key topic, with a persistent shortage estimated at millions of units. This issue has sparked conversations over decades, as noted in a Daily Trust piece published on March 23, 2026. The article, titled 'What You Should Know About Disapora Mortgage, Other Housing Mortgages', explores options like diaspora mortgage amid the sector's challenges. No specific details on the mortgages or gap figures beyond the general scale are provided in available excerpts.

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President Bola Ahmed Tinubu says his administration is advancing efforts to deliver affordable housing under the Renewed Hope Agenda. He highlighted ongoing construction and new financing initiatives across multiple states.

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Urban Development Minister Chalitu Sani said traditional housing methods cannot solve urban shortages. Prime Minister Abiy Ahmed visited a modern technology construction site.

Housing Principal Secretary Charles Hinga stated that informal settlements in Nairobi generate higher real estate profits than upscale areas due to elevated charges for utilities.

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Ethiopia's Federal Housing Corporation has agreed to operate in South Sudan's housing sector in Juba. The agreement was signed by the corporation's CEO Reshad Kemal and Central Equatoria State administrator Emmanuel Adil. It was announced on May 26, 2018 EC.

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