Nigeria’s Mortgage Promise Faces an Affordability Test

The Federal Government wants to expand mortgage delivery to 5,000 by 2028 and raise the maximum loan to ₦85 million. But with millions of homes structurally inadequate and many workers unable to afford mortgage repayments, a bigger loan ceiling may not be enough. The real test is whether contributors, especially informal-sector workers, can turn their earnings and savings into homes they can affor