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Stakeholders urge FG to subsidise building materials

Speaking during an inspection tour of the newly developed Karimo Market in Abuja, recently, Aliyu emphasised the need for government intervention to stabilise the industry.

“The government should take decisive action to regulate prices in the real estate industry, particularly regarding building materials,” she said.

She explained that while the broader economy had an impact on price fluctuations, there was still room for the government to step in and ensure affordability within the sector.

“They could consider subsidising the sector or directly controlling the costs of building materials,” Aliyu added.

The N5bn Karimo Market project, spearheaded by Rural Homes Limited, spans 10 hectares and includes various facilities, such as shops, warehouses, and modern infrastructure.

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