President Bola Tinubu said on Tuesday that his administration plans to deliver more than 10,000 housing units across 14 states and the Federal Capital Territory (FCT), with the initiative expected to create over 300,000 jobs as part of efforts to bridge Nigeria’s housing deficit. Politics

The President also said the Federal Government was implementing reforms to attract greater investment into the housing sector through improved land administration, stronger financing frameworks, enhanced project structuring and greater transparency.

Represented by the Secretary to the Government of the Federation (SGF), Senator George Akume, at the opening ceremony of the 20th Africa International Housing Show (AIHS) in Abuja, Tinubu said his administration’s Renewed Hope Agenda was moving beyond policy formulation to tangible implementation through strategic housing projects and public-private partnerships. Politics

He disclosed that major Renewed Hope Cities in Abuja, Lagos and Kano were already at different stages of development, while additional housing estates and cities were being developed across Nigeria’s six geopolitical zones.

According to a statement issued by the Special Adviser to the SGF on Media and Publicity, Yomi Odunuga, the President said housing is not merely a social necessity but a critical economic asset that drives productivity, promotes human dignity and strengthens national stability.

“The Federal Government of Nigeria recognises housing as a strategic national priority and is committed to sustained, whole-of-government support for the sector,” Tinubu said. Demographics

He noted that effective housing delivery required coordinated action across land administration, finance, infrastructure, urban planning, industry, social welfare and intergovernmental collaboration.

The President said his administration was also expanding partnerships with private investors while strengthening long-term housing finance through institutions such as the Federal Mortgage Bank of Nigeria.

Appealing to local and international investors, Tinubu urged them to take advantage of opportunities in Nigeria’s housing market, assuring them of a conducive investment climate while stressing the importance of compliance with the country’s laws.

“Nigeria welcomes serious partners who are ready to build, finance and innovate at scale,” he said.

Tinubu further pledged that Nigeria would continue to work with continental institutions, including the African Union and Shelter Afrique Development Bank, to develop sustainable solutions to Africa’s growing housing challenges.

He also called on developers, financial institutions, manufacturers, policymakers and development partners to use the 20th anniversary of the Africa International Housing Show as a platform to deepen collaboration and accelerate efforts to close the continent’s housing gap. (The Nation)

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