“Nearly every day, you find prices of building materials going up in the market because nobody is regulating the cost of materials,” said the expert.
NBTE said Tradermoni and other political interventions had little sustainable impact on the nation’s economy.
He said the programme was also in fulfilment of his promise to Lagos residents to uplift youths and develop the housing value chain.
NIOB has urged the incoming Government to prioritise constructing affordable houses for citizens.
The Lagos government says it is adopting proactive measures towards providing quality mass housing.
There has been a surge in young Nigerians leaving the country for greener pastures abroad. The phenomenon is termed Japa.
This is so, Mr Olufemi noted, because the buildings were constructed without soil tests.
