{"id":72772,"date":"2025-08-11T10:20:02","date_gmt":"2025-08-11T10:20:02","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=72772"},"modified":"2025-08-11T10:20:02","modified_gmt":"2025-08-11T10:20:02","slug":"incentivize-housing-development-tackle-vacancy-crisis-amadi-govt","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/08\/11\/incentivize-housing-development-tackle-vacancy-crisis-amadi-govt\/","title":{"rendered":"Incentivize Housing Development, Tackle Vacancy Crisis, Amadi Govt"},"content":{"rendered":"<p><strong>By Onilede Titi Faith<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Sam Amadi, Director of the Abuja School of Social and Political Thought, has urged all tiers of government to introduce incentives that encourage Nigerians to invest in building accessible, livable housing, not just more structures.<\/p>\n<p>&nbsp;<\/p>\n<p>Speaking in Abuja on Sunday, Amadi pointed to a paradox in Nigeria\u2019s housing sector: millions of units exist nationwide, yet many are uninhabitable or deliberately left empty.<\/p>\n<p>&nbsp;<\/p>\n<p>He linked this to the use of real estate for money laundering, where owners can afford to keep houses vacant without losing value, creating an artificial shortage that pushes up rents.<\/p>\n<p>&nbsp;<\/p>\n<p>To address this, Amadi proposed a vacancy tax on homes unused for over two years, with steep levies to pressure owners into renting them out or facing financial penalties.<\/p>\n<p>&nbsp;<\/p>\n<p>Such a measure, he argued, would expand access to decent housing and help stabilise rent prices.<\/p>\n<p>&nbsp;<\/p>\n<p>He stressed that housing is central to human development and national well-being, but meaningful progress will require both policy reform and a shift in incentives to make homes truly available to those who need them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Onilede Titi Faith &nbsp; Sam Amadi, Director of the Abuja School of Social and Political Thought, has urged all tiers of government to introduce incentives that encourage Nigerians to invest in building accessible, livable housing, not just more structures. &nbsp; Speaking in Abuja on Sunday, Amadi pointed to a paradox in Nigeria\u2019s housing sector: [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":72773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[183],"tags":[],"class_list":["post-72772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/72772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=72772"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/72772\/revisions"}],"predecessor-version":[{"id":72774,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/72772\/revisions\/72774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/72773"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=72772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=72772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=72772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}