The Association of Housing Corporations of Nigeria (AHCN) has taken steps to address the challenges facing Nigeria’s housing sector through a high-level retreat that brought together key stakeholders, technology innovators, and financial institutions.
The retreat, ‘Transforming Housing Corporations for Effectiveness and Sustainability in Emerging Real Estate Market’ ,featured a series of impactful presentations aimed at reshaping housing delivery in the country.In his opening presentation, AHCN President, Eno Obongha, gave an insightful address on ‘Renewed Hope Housing Agenda: Turning Challenges to Opportunities’. He highlighted the association’s vision to transform the housing landscape by exploring innovative solutions and partnerships that can unlock new possibilities for the sector.Also, AHCN Executive Secretary, Toye Eniola, stressed the need for a new mindset in his discussion titled ‘Imbibing New Orientation for Effectiveness in Challenging and Emerging Real Estate Market’. He called for stakeholders to embrace adaptability, technology, and professional integrity to remain relevant and effective.A key highlight was the presentation by the Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), who was duly represented by: Mr. Oladapo Fakeye – Head of Strategy and Performance Management (FMBN), offered practical guidelines on ‘Packaging Successful Loan Applications for Housing Development’. The presentation provided clarity on accessing federal housing funds, a critical need for many developers.Mr. Sanni Yakubu of the Ministry of Finance Incorporated (MOFI) presented on the MAREIF Credit Window, showcasing another channel to boost affordable housing provision. Engr. Yemi Akinyele rounded off the presentations with the unveiling of Kirsan Building Technology, a modern construction solution designed to enhance speed and efficiency in housing delivery.The retreat concluded with an Action Plan session, where participants discussed strategic takeaways and implementation timelines. The day formally closed with a joint meeting of the Technical and Editorial Committee signaling the beginning of coordinated efforts to put the retreat’s resolutions into action.The AHCN retreat reaffirmed a strong collective will to transform Nigeria’s housing sector through innovation, funding access, and effective policy direction.
