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Affordable Housing as Tool for Economic Development of the Niger Delta Region of Nigeria

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  • Anthony Dornubari Enwin

    (Department of Architecture, Faculty of Environmental Sciences, Rivers State University, Port Harcourt, Nigeria.)

Abstract

This study examined the relationship between decent and affordable housing provision and economic development in the Niger Delta region of Nigeria. The study looked at the role of affordable housing as a catalyst for social stability, economic empowerment through job creation, and growth in standard of living. It examined the current state of housing provision and the challenges inherent in its delivery in the Niger Delta region, as well as the socio-economic impact of these challenges on the poor population. The study critically examined the effectiveness of government policies and programmes, private sector initiatives, and international collaborations aimed at improving housing affordability and availability in the region. Major problems identified were, difficulty in land acquisition, lack of financial mechanisms and institutions, lack of community involvement, poor political will on the part of the government, as well as poor policy objectives, among others. The study concluded by highlighting that while affordable housing provision in the Niger Delta is overwhelmed by numerous obstacles, it possesses the capacity to enhance economic development and neighborhood transformation. It proposes that direct and intentional investment in affordable housing with sustainable policies will lead to job creation, improved living standards, and reduction in socio-political tension in the region, thereby fostering economic growth and development.

Suggested Citation

  • Anthony Dornubari Enwin, 2024. "Affordable Housing as Tool for Economic Development of the Niger Delta Region of Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(15), pages 66-79, November.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:15:p:66-79
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    References listed on IDEAS

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    1. Akpan Ekpo, 2019. "Housing Deficit in Nigeria: Issues, Challenges and Prospects," Economic and Financial Review, Central Bank of Nigeria, vol. 57(4), December.
    2. Michael Stone, 2006. "What is housing affordability? The case for the residual income approach," Housing Policy Debate, Taylor & Francis Journals, vol. 17(1), pages 151-184.
    3. Douglas S. Massey & Jonathan Rothwell & Thurston Domina, 2009. "The Changing Bases of Segregation in the United States," The ANNALS of the American Academy of Political and Social Science, , vol. 626(1), pages 74-90, November.
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