By YINKA KOLAWOLE

The federal government has been called upon to initiate implementation strategy that will lead to the actualisation of its policy to build one million houses yearly.

Two experts in the housing sector who spoke to the News Agency of Nigeria (NAN) in Lagos lauded the policy, but noted that government need to fashion out an implementation strategy for the policy to work.

Mr. Bunmi Ajayi, a Town Planner and a former President of the Association of Professional Bodies of Nigeria, said the idea was good, considering the huge housing deficit in the country. He however called on or officials spell out the implementation strategy ensure its workability. According to him, implementation strategy should be carefully worked out with the efforts of all stakeholders.

On his part, Mr. Kayode Omotoso, Executive Secretary of Mortgage Banking Association (MBAN), said that the one million houses yearly would clear the housing deficit in six years.

He however noted that the implementation strategy was necessary because the government would encounter challenges, including finance, land and professionals, in its implementation.

Omotoso said order to overcome the challenges, government require the efforts of the federal and state , the Organised Private Sector (OPS), commercial and mortgage banks.”Meeting the feasibility for the realisation of the one million houses yearly is the work of everybody.pronouncement means that the work of the ministerial team on affordable housing will escalate,”he added.

According to him, as a member of the ministerial team, participate actively in all deliberations to ensure that the proposed of were realised.