Home / Current Issue / Paper 1702596
Adopting and Adapting Land Swap Models toward Boosting Urban Housing Stock in Nigeria
Subject area: Management and Commerce · Area of research: Estate Management
Abstract
This study examines the possibility of adopting and adapting land swap models toward boosting urban housing stock in Nigeria. Over the years, housing crisis has been one of the most disturbing socio-economic problems facing urban centres in Nigeria and in the world. It is estimated that over four point seven trillion naira is required every year to provide adequate housing to Nigerian city dwellers, to stem the tide of nearly twenty million housing units required to fill the gap of housing in Nigeria. Reason being that cost of providing infrastructure is on the increase; hence, government alone cannot do it. One way out of the trouble is to allow the participation of the private sector in joint venture business. Since private sector often find it hard to access development land, government, which is the custodian of land, can elect to make land available while the private sector partner funds the relationship that ensues to produce affordable housing. However, this study appraises different models of the concept and recommends the adoption and adaption of the suitable model for housing provision in the country.
Keywords
Land, Swap model, Housing Stock. Adopting and adapting land, Urban Housing
References
[1] Adedeji, H. O. (n.d). Human settlement development. Retrieved 12/12/2016 from: http://www.unaab.edu.ng
[2] Adegoke, S. A. O. (2013). Housing policy and the housing of Nigerians: Rhetorics, realities and the myth of benevolent government. Journal of the Nigerian Institution of Estate Surveyors and Valuers, 38(1), 34-54.
[3] Adesina, D. (2009, Nov. 05). Nigeria needs N59 trillion for housing. Retrieved 18/11/2009 from: www.corporate-nigeria.com
[4] Agbo, A. (2014, October). Land swap in other climes. Tell Magazine. Retrieved 19/03/2017 from: www.tell.ng
[5] Agwu, K. (2010). Implications of housing for national development in Nigeria. Nigerian Journal for Development Research, 1 (2), 138-149.
[6] Agwu, K. (2011). Adequate and affordable housing for polytechnics: A requirement for enhancement of productivity in nation building. Nigerian Journal for Strategic Research and Development (NJSRD), 1(1), 157-165.
[7] Dore, G. (2011, June 20). Land swaps and the 1967 lines. The weekly Standard. Retrieved 23/03/2017 from: jcpa.org/article/land-swaps-and-the-1967-lines/
[8] Emankhu, S.E., Ubangari, A.V. & Ayeni, E. (2012). Housing poverty: Slum formation and deviant behaviour. International Journal of Environmental Issues, 9(1), 121-128.
[9] Kabir, B. & Bustani, S. N. (n.d). “A review of housing delivery efforts in Nigeria”. Department of Building, Faculty of Environmental Design, Ahmadu Bello University, Zaria.
[10] Lancashire Post (2015, March 13). Preston council and community gateway agree to a land swap. Retrieved 23/03/2017 from:
[11] www.lep.co.uk/news/preston-council-and-community-gateway-agree-to-a-land-swap-1-7154679
[12] Nubi, T.O. (n.d). Housing finance in Nigeria- need for re-engineering. Retrieved 6/10/2010 from: www.valuefronteira.com/vf/images/pdf
[13] Nwolu-Frank, A. (2015). “Land swap initiative and infrastructural development in Nigeria: An overview”. Department of Estate Management, Federal Polytechnic Nekede, Owerri.
[14] Oghifo, B. (2015). “Housing professionals view Abuja land swap as good development model”. Retrieved 14/3/2015 from: http://www.pressreader.com/nigeria/thisday/20150303/281968901146343/TextView.
[15] Onibokun, A. & Faniran, A. (n.d.) Urbanization and urban problems in Nigeria. Retrieved 12/12/2016 from: www.book.openedition.org/ifra/544?
[16] Umar, S. (2014, February 24). What is land swap? DailyTrust. Retrieved 19/03/2017 from: www.dailytrust.com.ng/
How to cite this paper
@article{1702596,
author = {Agwu, Kenneth, Udobi, Alexander Nnamdi},
title = {Adopting and Adapting Land Swap Models toward Boosting Urban Housing Stock in Nigeria},
journal = {Iconic Research And Engineering Journals},
year = {2021},
volume = {4},
number = {8},
pages = {16-22},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1702596.pdf},
abstract = {This study examines the possibility of adopting and adapting land swap models toward boosting urban housing stock in Nigeria. Over the years, housing crisis has been one of the most disturbing socio-economic problems facing urban centres in Nigeria and in the world. It is estimated that over four point seven trillion naira is required every year to provide adequate housing to Nigerian city dwellers, to stem the tide of nearly twenty million housing units required to fill the gap of housing in Nigeria. Reason being that cost of providing infrastructure is on the increase; hence, government alone cannot do it. One way out of the trouble is to allow the participation of the private sector in joint venture business. Since private sector often find it hard to access development land, government, which is the custodian of land, can elect to make land available while the private sector partner funds the relationship that ensues to produce affordable housing. However, this study appraises different models of the concept and recommends the adoption and adaption of the suitable model for housing provision in the country.},
keywords = {Land, Swap model, Housing Stock. Adopting and adapting land, Urban Housing},
month = {February},
}