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Good Morning,
As the World Urban Forum 13 (WUF13) opens in Baku, global leaders and urban development experts are intensifying discussions around housing affordability, rapid urbanisation and sustainable city planning. The forum comes at a time when rising housing costs, infrastructure deficits and population growth continue to place increasing pressure on cities worldwide.
Housing Affordability and Urban Growth Dominate WUF13 Discussions
The global housing crisis has emerged as a central issue at the opening of the World Urban Forum 13 (WUF13) in Baku, Azerbaijan, where policymakers, urban planners, investors and development institutions are gathering to address mounting pressures linked to housing affordability, rapid urbanisation and sustainable city development.
Rising Diesel Costs Drive Up Housing Prices Across Nigeria
Rising diesel prices linked to global energy market disruptions are increasing construction and housing costs across Nigeria, placing additional pressure on developers, investors and prospective homeowners. Industry stakeholders say escalating energy expenses are affecting nearly every stage of the construction and real estate value chain, from material transportation and site operations to property maintenance and infrastructure delivery
FMBN Pushes Expanded Housing Finance to Increase Homeownership in Nigeria
The Federal Mortgage Bank of Nigeria (FMBN) is intensifying efforts to expand housing finance access as part of broader initiatives aimed at increasing homeownership and reducing Nigeria’s housing deficit. The bank says stronger mortgage accessibility, innovative financing structures and increased institutional funding are essential to addressing long-standing affordability challenges within the country’s housing sector.
Lagos Shuts Unsafe Construction Sites in Major Safety Enforcement Drive
The Lagos State Government has intensified its regulatory enforcement campaign by shutting down multiple unsafe construction and commercial facilities while conducting compliance inspections across more than 2,800 sites statewide. The operation forms part of broader efforts to strengthen public safety, improve regulatory compliance and reduce risks associated with unsafe building practices and workplace conditions.
AIHS Housing CEOs Forum 2026 Targets Africa’s Housing Finance Gap
The Africa International Housing Show (AIHS) has announced plans for the AIHS Housing CEOs Forum 2026, a high-level executive gathering designed to address Africa’s growing housing deficit through strategic partnerships, innovative financing models and sustainable urban development initiatives. The forum, scheduled to hold in Abuja as part of the 20th anniversary edition of AIHS, will bring together policymakers, investors, developers, financial institutions and infrastructure stakeholders from across Africa and beyond.
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