Lawan canvasses amendment to Land Use Act – TheNigerialawyer

Senate President Ahmed Lawan has suggested the amendment of the
Land Use Act of 1978 to address the problems of housing deficit in
the country.

Mr Lawan said this in Abuja on Monday at the 13th Abuja
International Housing Show with the theme: “Driving Sustainable
Housing Finance Models in the Midst of Global Uncertainties.”

“I am aware that there are critical areas that require
legislative intervention such as the Land Use Act, the National
Housing Fund, housing regulation, and many more enabling
policies.

“It is in my agenda to see to it that all policies required to
get us closer to our collective dreams are achieved,” he said.

Represented by Ashiru Oyelola, Mr Lawan said the show would be
used to dialogue on developing issues.

He said it would be used to fashion out ways to work as a team
of collaborators and proffer sustainable solutions that will
improve the quantity and quality of housing delivery.

“It is indeed remarkable to have a platform like this for all
major stakeholders in housing and construction to dialogue on
developing issues and fashion out ways to work as a team.

“This will help the country proffer sustainable solutions that
will improve the quantity and quality of housing delivery,” he
said.

According to him, there is no better time for the country to
move faster in its ambition to provide decent shelter for
everyone.

“It is indeed a core mandate for us to deal with one of man’s
greatest needs with the urgency and competence that it
requires.

“As the Senate President, I recognise the importance of housing,
and even more so, the ability of forums such as this to influence
housing policies.

“There is a lot for everyone to take from a forum of this
magnitude in order to contribute qualitatively to whatever our
stakes are in the sub sector,” he noted.

The Managing Director of the show, Festus Adebayo, reminded the
audience that Abuja International Housing Show was not a talk
show.

“We are here to use this medium to proffer practical solutions
to familiar problems, with far reaching effects across the
continent,” he said.

Mr Adebayo said the project was out to realise a housing sector
that would not only shelter man, but contribute to the Gross
Domestic Product (GDP), provide jobs and economic
opportunities.

He said the show would open doors of opportunities for
developers, mortgage banks, investors and governments to access
alternative and cheap finances for housing and construction
projects.

“From previous experiences, developers and investors have been
able to key into numerous funding options that are presented at the
show,” he said.

Mr Adebayo said the previous shows were able to attract the
right local and global audience with competitive value and
substance.

Chairman on the occasion Ibrahim Bunu, former Minister of the
Federal Capital Territory, said assembling local and international
stakeholders of repute to deliberate on the way forward for the
critical sub-sector of the economy was no mean feat.

He said: “The global housing market including Nigeria is in
desperate need of new ideas and alternatives to financing housing
development.

“I am aware that recommendations from previous shows have
greatly influenced housing legislation, innovations, and served as
a platform to call relevant stakeholders to action.

“I am confident that this event will demystify the barriers and
suggest the most sustainable and practical approaches to a robust
housing sector that not only provides shelter, but jobs and
economic opportunities,’’ he said.

(NAN)

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