Reply to thread

Message

[QUOTE="Munyaradzi Mafaro, post: 67784, member: 636"]
Nigeria expects to launch its National Housing Data Centre by the end of 2025, a project designed to provide reliable statistics for policymaking and investment decisions in the real estate sector. Dr. Taofeeq Olatinwo, who chairs the Technical Committee on the National Housing Data Programme, said the platform will function as a federated system where state agencies and private developers submit information at regular intervals. The Federal Ministry of Housing and Urban Development is coordinating efforts with global partners such as the World Bank and the African Union for Housing Finance to ensure international standards are met.

The data center will track housing stock, new construction, demolitions, and occupancy rates across the country. Unlike previous government-only initiatives, this system will be publicly accessible through an online dashboard linked to the Housing Market Information Portal managed by the Nigeria Mortgage Refinance Company. Six pilot states were engaged on Friday in July 2025 to establish a framework for nationwide participation. Officials expect the center to eventually operate as a self-sustaining entity that validates and updates housing information for the entire nation.
[/QUOTE]

Name