ABSTRACT

In Nigeria, the urban low-income housing situation is definitely worse now than a decade earlier due largely to increasingly high urban growth rates and worsening economic and political climates. The Federal Mortgage Bank of Nigeria (FMBN) launched the 'Informal Cooperative Housing Scheme' in December 2011. The thrust of the 2002 housing policy as it affected land delivery was the alignment of the 1978 Land Use Decree with the policy of putting housing provision in the mainstream of a free market economy. The worsening housing deficit shows clearly that the 2002 policy has failed to achieve its objectives and that the public-private partnership (PPP) strategy in housing delivery has not performed satisfactorily. The difficulty in accessing land, among other factors, has contributed to the increasing population of prospective home seekers finding their housing solutions in slums and squatter settlements characterized by lack of secured tenure, basic services and generally poor housing conditions.