NIGERIA’S HOUSING CONSTRUCTION AND HOUSING RENTAL ACTIVITIES
COST BENCHMARKING AND IMPACT ON THE ECONOMY
Executive summary
This report uses the Centre for Affordable Housing in Africa’s (CAHF) Housing Cost Benchmarking (HCB) and Housing Economic Value Chain (HEVC) methodologies to better understand Nigeria’s housing market. These analyses assist to identify areas of concern and to propose strategies to improve the functioning of Nigeria’s housing sector, and consequently assist to better the housing outcomes of all Nigerian households. Also, the analysis identifies opportunities to grow the impact of the housing sector on Nigeria’s economy, supporting economic growth, the local manufacturing and services sectors, and the creation of sustainable employment.
This report uses the Centre for Affordable Housing in Africa’s (CAHF) Housing Cost Benchmarking (HCB) and Housing Economic Value Chain (HEVC) methodologies to better understand Nigeria’s housing market. These analyses assist to identify areas of concern and to propose strategies to improve the functioning of Nigeria’s housing sector, and consequently assist to better the housing outcomes of all Nigerian households. Also, the analysis identifies opportunities to grow the impact of the housing sector on Nigeria’s economy, supporting economic growth, the local manufacturing and services sectors, and the creation of sustainable employment.