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Nigeria – Family Homes Fund and Integrated Skills Development Project – P-NG-J00-004 - ESMF Summary

Nigeria’s rapid population growth and rate of urbanization are key drivers of the pressure on the demand for decent and affordable housing and other social infrastructure. According to the worldometer ‘s presentation of United Nations data, the country has an estimated total population of about 200 million people with population growth rate of about 2.6%. This is marked by an increasing rate of urbanization estimated at about 4.3% per annum, with the urban population estimated at about 50.3% in 2018. This situation has resulted in a huge housing deficit, with an estimated shortage of about 17 …

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