The Federal Government has unveiled an ambitious plan to deliver 77,400 social housing units across Nigeria as part of its Renewed Hope Agenda, aimed at addressing the nation’s chronic housing deficit.
The announcement was made by the Minister of State for Housing and Urban Development, Yusuf Ata, who outlined the initiative to build affordable homes and launch new Renewed Hope Cities in Lagos, Abuja, and Kano. Each of these cities will feature 3,000 housing units, while each of the 774 local government areas in Nigeria will receive 100 housing units.
Speaking on the ministry’s objectives, Ata said, “The primary mandate of the ministry is to provide mass housing for Nigerians, and we welcome potential collaboration with Ms Allen Le and Partners International Investment Consulting Joint Company in achieving this goal.”
Highlighting the government’s commitment, Ata stated that 30 percent of the 77,400 housing units will be allocated to vulnerable Nigerians without steady income, praising President Tinubu’s insistence on maintaining this quota despite suggestions to reduce it to 20 percent.
The plan also includes the construction of 250 housing units in each of the 36 states, aimed at expanding the social housing estates.
Ata further urged potential collaborators to submit formal proposals detailing how they intend to partner with the ministry, emphasizing the importance of clear and structured cooperation.
The visiting delegation from SV-NED Incorporated, led by Allen Ke Nam, expressed strong interest in investing in Nigeria’s affordable housing sector. They requested land allocations to facilitate construction, promising socioeconomic benefits such as job creation and skill development through the introduction of new building techniques.
The Ministry’s Permanent Secretary, Shuaib Belgore, welcomed the initiative and assured full governmental support for the partnership.
This new housing initiative forms part of the Federal Government’s broader strategy to improve living conditions and stimulate economic growth through targeted infrastructure investments.
