Africa Business News

The Ministry of Housing and Urban Development has revealed plans to introduce an initiative aimed at revolutionising inclusivity and affordability in Nigeria through the introduction of cross-subsidies in housing projects. The Special Adviser on Media to the Minister of Housing and Urban Development, Mark Chieshe, says the visionary strategy promises to redefine housing accessibility by integrating a mix of low, medium, and high-end housing projects, ensuring inclusivity for Nigerians of all income brackets. The Minister had established the Committee during his first week in office to review designs of the Ministry’s projects and ensure that houses that the Ministry promotes fall within price ranges that low- and medium-income earners can afford.