Over 70 million Nigerians have been struggling to have their own apartments because of the inability of the Federal Government to provide a favourable mortgage scheme, the Managing Director and Chief Executive Officer of BSTAN Group, Dr. Becky Olubukola, has said.
Olubukola, who stated this in Abuja while unveiling the Home Titan Network, said high interest rate on mortgages had made accommodation unaffordable to the poor and vulnerable in the country. Olubukola said, “Devaluation of the naira and taxation are also problem of housing in Nigeria. But today we bring the solution called the Home Titan Network and the Metro shelter scheme.
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