The troubled housing sector is set for a major face-list as a U.K based firm, Global Pathways, in partnership with the Real Estate Developers Association of Nigeria, REDAN, has concluded arrangement to invest $1b (155bn) in a new technology that will employ the use of containers to construct low cost houses in Nigeria.
Similarly, REDAN has begun discussions with the pan-African housing finance development organisation, Shelter Afrique, for a $1bn (N155bn) finance deal that will lead to the construction of 155,000 housing units in the country.
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