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The Housing Development Advocacy Network (HDAN) has emphasized the need for the Federal Government to tackle the housing deficit.
In a statement issued by Executive Director Festus Adebayo, the organization expressed concern over the global inadequate shelter situation.
Referring to a 2024 Habitat for Humanity report, it was noted that 1.53 billion people worldwide are living in substandard housing, with Nigeria having the highest number at 25 million, followed by India at 18 million.
Adebayo highlighted the ineffective implementation of Nigeria's housing policy, leading to a rise in poverty and homelessness without any tangible solutions in sight.
Adebayo emphasized that the housing crisis is a worldwide problem and highlighted the varying effectiveness of government responses.
He urged governments to prioritize ensuring that people can live with dignity.
The property firm, Design Union, has introduced its first waterfront residential development in Barbados called 'The Pier Waterfront Apartments'.
Anthony Aihie, the Chief Executive Officer, made the announcement while The Pier Waterfront Apartments sponsored the 60th anniversary of the American International School of Lagos (AISL).
Aihie emphasized that the location, with access to boats, yachts, and some of the world's most beautiful beaches, would be an ideal getaway.
He also pointed out that the project reflects the company's track record of developing a multi-sector architecture that meets international standards.
Aihie added that investing in the waterfront apartments would qualify buyers for permanent residency and citizenship in this paradise.
He highlighted the island's great educational system, low crime rate, excellent infrastructure, stable currency, and political climate, making it an attractive place to live.
He mentioned that the island's passport is ranked 17th on the Global Index, providing visa-free access to 158 countries.
