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Emerging Markets

Nigeria’s housing deficit and why Escrow Is necessary but not sufficient.

Nairametrics · 1h ago · 🇳🇬 Nigeria

Nigeria’s housing deficit and why Escrow Is necessary but not sufficient.

The Federal Government has proposed something Nigeria’s housing market has long needed. Under the National Housing and Built Environment Regulation Policy announced by the Minister of Housing and Urban Development, Engr. Muttaqha Rabe Darma, developers would no longer be able to sell homes off-plan without a licence. Buyers’ payments would be held in regulated escrow […] The post Nigeria’s housing deficit and why Escrow Is necessary but not sufficient. appeared first on Nairametrics .

Read the full story at Nairametrics →

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