National Housing Policy and Housing Development in Uyo Capital City of Akwa Ibom State, Nigeria

Authors

  • Ubon Usoro Department of Estate Management, Akwa Ibom State Polytechnic, Ikot Osurua, Ikot Ekpene, Nigeria

Keywords:

Housing development, Uyo Capital City

Abstract

This work examines the influence of National Housing Policy on housing development in Uyo Capital City. Typically, many public housing programmes have failed to provide quality, affordable and adequate housing units to target population in most developing countries including Nigeria. These failures necessitated the formulation of the National Urban Development Policy 2002 by the government in order to propose possible solutions to housing problems in Nigeria. The basic goal of the policy was to provide affordable housing to accommodate Nigerian households in livable environment. In order to achieve this, it is necessary to enhance the workability of the 2002 National Housing Policy in order to make it functional
and acceptable. There is a significant effect of the 2002 housing policy on properties in Uyo. However, in the course of this study, it is discovered that the 2002 national housing policy helps in the provision of incentives for the capital market to invest in property development, facilitation of flow of domestic and international resources into property development and provision of substantial budgetary allocations for property development. Nevertheless, there should be provision of low cost houses for low income families. In considering the low income earners, reduction in the cost of building materials should be encouraged. Moreover, realistic housing
objective must consider slum upgrading, periodic repair and maintenance, as well as urban renewal.

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Published

2020-04-01

How to Cite

Usoro, U. (2020). National Housing Policy and Housing Development in Uyo Capital City of Akwa Ibom State, Nigeria. International Journal of Economic Development Research and Investment (IJEDRI), 11(1), 36–49. Retrieved from http://icidr.org.ng/index.php/Ijedri/article/view/944

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Articles