Housing Deficit: REDAN plans to construct 774,000 units
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By Chris Ochayi
Worried by over 17 million housing deficit facing the country, the Real Estate Developers Association of Nigeria, REDAN, announced that it has concluded arguments to build 100 housing units in each of the 774 Local Government Areas in the country.
President of REDAN, Dr Aliyu Wamakko, who disclosed this while speaking with Vanguard in an interview in Abuja, said the association has concluded arrangements to sign a memorandum of understanding, MoU, with Family Homes Funds, FHF, to fund the projects.
Dr Wamako noted that REDAN has made several consultations with relevant stakeholders in the built industry in order to actualize the project.