Housing Policy and Housing Development Issues: A Case Study of Nigeria and Other Regions of the World

Issues with housing policy and housing development are especially pressing in Nigeria due to inadequate government action combined with the rapid rate of urbanization that has led to the growth of informal settlements, poor housing conditions, and a growing disparity in housing accessibility between the rich and the poor. These systemic challenges hinder the successful implementation of housing policies in Nigeria. This study examined housing policy and housing development issues using Nigeria and other regions of the world as a case study. The study compared Nigeria’s housing policy, housing challenges, and policy responses with those of other regions of the world. The study begins by exploring the historical background and delves into the major challenges faced in the housing sector, including land acquisition, financing, governance, and institutional weaknesses. This is with a view to identify potential solutions and strategies that can be adapted to the Nigerian context to improve housing outcomes for all segments of the population.

The study carried out a rigorous review of related literature from various academic journals, books, conference proceedings among others as a methodology in obtaining relevant information. The results show that to improve the governance of housing development in Nigeria, several reforms are recommended. These include; strengthening institutions, reducing corruption, encouraging public-private partnerships, increasing access to housing finance, enhancing policy frameworks, improving institutional governance, and promoting sustainable and inclusive housing solutions. The study concluded that the integration of effective housing policies with community engagement and innovative financial mechanisms is crucial for creating sustainable housing solutions.