As part of its extensive infrastructure development plans, the Federal Government has commenced construction on 6,612 housing units across 13 states and the Federal Capital Territory (FCT). This effort aligns with the Renewed Hope Agenda, a strategic initiative to address Nigeria’s housing deficit while boosting economic growth.
Minister of Housing and Urban Development, Ahmed Dangiwa, announced in Abuja that this housing project signifies a crucial milestone in providing affordable homes for citizens. He emphasized that it reflects the government’s broader commitment to improving the nation’s infrastructure and addressing long-standing economic challenges.
Dangiwa also tied this development to the country’s recent 64th Independence Anniversary, highlighting it as a symbol of a prosperous future. He urged Nigerians to see the current economic difficulties as necessary sacrifices for sustainable growth. In particular, he credited President Bola Tinubu for dismantling barriers to progress, such as fuel subsidies and the management of foreign exchange, which have long hindered national development.
Further emphasizing the importance of this initiative, Dangiwa detailed the Ministry’s “Zero Tolerance for Uncompleted Projects” policy. This commitment also extends to urban renewal and slum upgrading projects in 26 locations, where essential infrastructure such as roads, water, and electricity will be provided.
Looking forward, Dangiwa revealed plans for the National Social Housing Fund, which is central to the government’s objective of making homeownership more accessible to Nigerians, regardless of their income. He also discussed ongoing collaborations with the World Bank aimed at unlocking over $300 billion in dormant capital through improved land administration.
In light of Nigeria’s challenges, President Tinubu called for a modest celebration of independence, urging citizens to remain optimistic as the country embarks on a new era of development.
