How Nigeria Can Tackle Housing Deficit - Presidential Aspirant
Image: Financial Freedom Inspiration

Nigeria will solve its housing deficit if more than one million housing units are built in the country yearly, a presidential aspirant Donald Duke has said.

Duke, the presidential candidate of the Social Democratic Party (SDP) and a former Cross River governor noted this on Monday at the party’s headquarters in Abuja.

Advertise With Us

According to him, with the country’s reported 17 million housing deficit, it would take building one million houses yearly to cover the deficit.

He also noted that with such a move, about 15 million Nigerians would be employ which would, in turn, boost the country’s economy.

“Already, if you take the housing sector, you have over 17 million housing shortage,” Duke told reporters.

“If you decide to build one million houses every year, you will employ over 10 million to 15 million people; it will still take you 17 years to catch up.

“So, even though it is a problem, the sector still provides opportunities.”