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NIGERIA'S HOUSING DEFICIT

The Federal Mortgage Bank of Nigeria (FMBN) says it has released an additional N46.9 billion in funding for the Renewed Hope City projects in Karsana, located in the Federal Capital Territory, and Ibeju Lekki, Lagos.  
The average Nigerian worker's dream of owning a house they can call their own brightened on Thursday at the banker's committee meeting held in Abuja.
Nigeria's housing sector has been characterized by a housing deficit estimated at 18 million units.