EXAMINATION OF THE ROLE OF COMMERCIAL BANKS IN HOUSING DEVELOPMENT IN NIGERIA

ABSTRACT: The relevance of real estate to our economics and social development cannot be over-emphasized not at least in the housing sector, which has a critical impact on Individual and National Welfare. Firstly finance plays a key role in the housing development project and process and this provides the most important element that is been taken into consideration. The objective of this study is to find a suitable source of finance for housing development project. To provide affordable house to household, viability for commercial bank and developers and recourses mobilization for expansion of the sector. This research focuses on Port Harcourt metropolis capital of River State. The source in which data was collected and gathered is through primary and secondary source. This has contributed immensely in producing relevant information that gives extensive investigation on the examination of the role of commercial banks in Port-Harcourt metropolis.  Areas are as follow Iworfre is 45, Rumasen area are 49, Rumokor area are 35, Rumador area are 51, so total are now 200. The techniques stratified random sampling. The technique used for questions. It has equally collected and carefully analyzed data from both primary and secondary sources using percentages.