Low-income earners urged to embrace cooperative housing
As part of efforts to bridge the nation’s housing gap, the Federal Government has encouraged the use of cooperatives to provide housing solutions for low and medium-income earners. The Special Adviser to the President on Economic Matters, Dr Adeyemi Dipeolu, gave the advice while speaking at the Nigeria Affordable Housing Finance and Innovation Summit entitled, “Maximising impact of pension for equity on affordable housing delivery,” on Tuesday in Abuja. He stated that as shelter was every human basic need, innovation must be inculcated in an efficient manner that would boost the stock of accessible homes in the country. He said, “Shelter as we all know is a basic human need and the challenge is to provide shelter that solves the need of all levels of society. It is essential to think through how to provide affordable housing for the millions of Nigerians who need decent shelter. “There are several initiatives to make sure housing is affordable. Yes, they have to be built but it also has to be affordable for the occupants. “Cooperative housing is another solution to think through, and our people are used to it.
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