FG Moves to Raise Real Estate Sector’s Contribution to GDP

The federal government has announced plans to increase the real estate sector's contribution to Nigeria's Gross Domestic Product (GDP). Minister of Housing and Urban Development, Muttaqa Darma, stated this during a meeting with the Real Estate Marketers and Consultants Association of Nigeria (REMCAN) in Abuja. Darma emphasized the sector's potential to become a top contributor to the economy, noting its current contribution is below levels in many other countries. He stressed the need for reforms to achieve this goal.

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