The Minister of Housing and Urban Development, Ahmed Dangiwa, has announced a new plan to fight housing fraud alongside the Economic and Financial Crimes Commission (EFCC).
This collaboration aims to create a system to spot and address dishonest practices in the housing sector.
During the commissioning of De Mayor’s Estate and the start of Project Broadfield in Abuja, the minister explained that they’re setting up a platform for people nationwide to report housing fraud by developers. This platform will help monitor and uncover fraudulent activities, ensuring fairness and transparency in the housing market.
Users will be able to report fraud online, either anonymously or with their identity disclosed, based on their preference. The platform will gather details such as location, developer information, and evidence of fraud to help track patterns and trends in fraudulent behavior.
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Operating within existing laws, this initiative will provide support to law enforcement and regulatory agencies in taking legal action against fraudulent developers. The goal is to deter housing fraud, hold offenders accountable, and protect the interests of Nigerians in the real estate market.
The minister warned developers against cutting corners or using substandard materials, emphasizing that those who don’t adhere to regulations will face consequences. He stressed that the era of defrauding Nigerians is over and urged developers to deliver on their promises.
Those who deceive people by taking money for projects they don’t complete will face legal repercussions. The minister highlighted the need to stop such practices, which he described as financial crimes. He emphasized the ministry’s commitment to working with the EFCC to ensure accountability and protect Nigerians’ rights and investments in the housing sector.
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