Nigeria Launches N250bn Real Estate Investment Fund to Address Housing Gap

The Nigerian government has inaugurated a new real estate investment fund worth N250 billion to bridge the country's housing finance gap. The fund is aimed at promoting affordable housing options for citizens.

The Nigerian government has launched a new real estate investment fund worth N250 billion, with the aim of addressing the country's housing finance gap and promoting affordable housing options for citizens. The Ministry of Finance Incorporated Real Estate Investment Fund is expected to play a key role in bridging this gap by providing financing solutions for developers and homeowners alike. The initiative is seen as a significant step towards increasing access to quality housing, particularly for low-income households. By providing much-needed funding for the development and construction of affordable homes, the fund is likely to have a positive impact on Nigeria's housing market.