A call has gone to the government to look into the legal framework for the real estate sector toward provision of affordable housing for Nigerians.
The chairman of Landlords Association of Nigeria, UPE Sandfielled, Borkiri, Mr. Tamunokonbia Emmanuel made this call in a chat with The Tide in Port Harcourt on Monday.
Emmanuel identified poor funding, unfriendly approvals, lack of infrastructure and manpower shortages as some of the challenges confronting housing development in the country.
He also noted that unavailability of titled land and multiplicity of regulatory authorities with oversight functions also militated against housing development, lamenting that these problems were as a result of non-clarity of legal frame work for the sector.
He advised that government should enact laws that would make away for affordable houses.
The housing stakeholder said, acute shortage and high cost of housing could be addressed if the government would take up the responsibility of providing land, the necessary infrastructure and create an enabling environment for developers.
He called for public-private partnership collaborations to help alleviate the acute dearth of adequate housing for Nigerians.
Source: The Tide