0704-883-0675     |      dataprojectng@gmail.com

AN EVALUATION OF HOUSING AFFORDABILITY FOR NIGER STATE CIVIL SERVANTS UNDER PUBLIC-PRIVATE PARTNERSHIP (PPP) HOUSING DEVELOPMENT

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

Niger state government achievement in Public housing delivery for its citizen since its creation in 1976 has been very minimal–with just 3,000 houses provided for a population of 3,954,772 so far. Changing its delivery strategy from being the sole provider of housing, the government in 2007 opted for a new strategy of Public-Private Partnership (PPP) which was to provide affordable housing for all workers under a private sector driven mechanism. Since 2007, some houses have so far been allocated to the planned beneficiaries–mostly state civil servants. However, the challenge has been to ascertain how affordable the provided houses were to the state civil servants who are earning various salaries within the state‟s wage system. The study conducted affordability analysis of the housing products for the various levels of civil servants allotees. Data used for the analysis were sourced from the project record files, government approved wage table and a questionnaire survey. The purposive sampling technique was employed in administering the questionnaire to a sample of 187 beneficiaries. The analysis revealed that applying the standard housing affordability yardstick of not more than 30 percent of gross household income, only civil servant allotees from level 10 to 16 can afford the 2-bedroom housing at a total cost of N1.9M and a monthly repayment amount of N10,000.00 while 3-bedroom houses were not affordable to any of the allotees at a total cost of N2.9M and a monthly repayment amount of N19,000.00.This probably explains why 44 percent were partially satisfied while 68 percent respondents stated that their dissatisfaction was due to the monthly repayment amount. The study by way of sensitivity analysis was able to recommend that if the cost of 2-bedroom house is reduced to N1.2M and mortgage repayment interest rate reduced to 3 percent for an extended period of 25 years every workers from level 1 to 16 could afford the houses in such modified scheme.





Related Project Materials

INFLUENCE OF STUDENTS' ATTITUDES TO THE LEARNING OF MATHEMATICS ON THEIR ACADEMIC ACHIEVEMENTS IN SENIOR SECONDARY SCHOOLS IN JALINGO METROPOLIS

Background of the Study

Mathematics throughout the world is regarded as essential tool in many fields, including natural...

Read more
THE DEVELOPMENT OF Al-5%Cu/GRAPHITE PARTICULATE COMPOSITES FOR ENGINEERING APPLICATIONS

ABSTRACT

A method of preparing cast aluminium alloy – graphite particulate composite using uncoated graphite with the addition of 1...

Read more
THE EFFECT OF TAX ADMINISTRATION ON REVENUE GENERATION IN ENUGU STATE (A CASE STUDY OF THE STATE BOARD OF INTERNAL REVENUE ENUGU STATE)

ABSTRACT

The level of revenue generated in the state has been in a declining form due to poor administration and collections of taxes and...

Read more
ANALYSIS OF FACTORS INFLUENCING THE SELECTION OF INCENTIVE SCHEME IN SELECTED BUILDING FIRM IN OWERRI IMO STATE

ABSTRACT

This study was carried out to examine Factors influencing the selection of incentive scheme in...

Read more
DEVELOPMENT AND CHARACTERISATION OF EPOXY/BORASSUS PALM (Borassus aethiopum Mart.) LEAF STALKFIBRE REINFORCED COMPOSITE

Excerpt from the Study

This work was aimed at developing and characterising epoxy/BPLSF reinforced composite by hand lay...

Read more
THE DESIGN AND IMPLEMENTATION OF STUDENT ACCOMMODATION (BENCHMARK STUDENT PAD) APPLICATION

ABSTRACT

 

This project is aimed at developing a web application for student accommodation. It...

Read more
AN EVALUATION ON THE INSIGHT OF LOCAL FARMERS ON CLIMATE CHANGE IN IDO LOCAL GOVT AREA OF OYO STATE

Introduction

One of the biggest environmental issues of the modern era is climate change, which has a worldwide scope. T...

Read more
SPELLING ERRORS AMONG NIGERIA SECONDARY SCHOOL STUDENTS EFFECT ON THEIR PERFORMANCE AS POSSIBLE REMEDIES

Abstract

According to spelling experts, it is very important that the learners of a secondary language should be equippe...

Read more
ROLE OF CITIZEN JOURNALISM IN COMBATING CORRUPTION IN NIGERIA

CHAPTER ONE

INTRODUCTION

1.1

AN ASSESSMENT OF FUND ACCOUNTING IN VENTURE CAPITAL INVESTMENTS

Abstract: AN ASSESSMENT OF FUND ACCOUNTING IN VENTURE CAPITAL INVESTMENTS

The objectives of this study are to: (1) analyze the specific a...

Read more
Share this page with your friends




whatsapp