Articles Information
Journal of Environment Protection and Sustainable Development, Vol.4, No.3, Sep. 2018, Pub. Date: Aug. 31, 2018
Private Developers’ Participation in Housing Production and Wetland Encroachment Along Lekki-Epe Corridor, Lagos, Nigeria
Pages: 46-54 Views: 1677 Downloads: 585
Authors
[01]
Adekunle Moruf Alabi, Department of Urban and Regional Planning, Faculty of Environmental Design and Management, University of Ibadan, Ibadan, Nigeria.
[02]
Musibau Alimi Muraina, Department of Urban and Regional Planning, Faculty of Environmental Design and Management, University of Ibadan, Ibadan, Nigeria.
[03]
Oluwasinaayomi Faith Kasim, Department of Urban and Regional Planning, Faculty of Environmental Design and Management, University of Ibadan, Ibadan, Nigeria.
Abstract
In Nigeria, the government intervenes in housing production with a view to achieving a significant increase in housing supply and to bring relief especially to the low-income groups. However, efforts by the public sector through direct housing construction and other enabling strategies have failed to effectively address the problem of expanding housing deficit and escalating housing costs. Against this backdrop, the National Housing Policy of 1991 formulated to expand the role of the private sector in housing production system for affordable housing delivery. This study examined private developers’ participation in housing production in Nigeria using the housing production and delivery system along Lekki-Epe corridor in Lagos. Due to peculiarity of Lekki-Epe corridor, private developers’ process of housing development had led to sand-filling of 1,298.112 hectares (ha) of wetlands. This, invariably, led to increasing overall costs of housing development. As a result of economic rationality adopted by the private developers, supply of housing does not favour the low-income group. From the analysis, price of houses developed by private developers range between N50 million and N150 million. High cost of housing delivery has heightened inequity between the rich and the poor. Therefore, provision of affordable rented apartments for the low-income groups must be considered by private developers.
Keywords
Private Developers, Housing Production, Costs of Housing Unit, Rental Apartment, Wetland Encroachment, Lekki-Epe Corridor, Lagos
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