FG Set To Construct 100 Houses In Each Of 774 LGAs
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa says 100 houses will be built in each of the 774 local government areas of the county under the Renewed Hope Social Housing Programme.
He said that the programme will be launched soon be launched by President Bola Ahmed Tinubu as part of initiatives to address the housing needs of Nigerians, regardless of class or income level.
A statement by Salisu Badamasi Haiba, Director Press and Public Relations of the ministry, said the Minister made this known while receiving a delegation from Creative Sphere Limited, on Wednesday in Abuja.
Dangiwa explained that the Renewed Hope Social Housing Programme is designed to provide homes for low-income earners, the unemployed, vulnerable groups, and Internally Displaced Persons in the formal and informal sectors.
“The Federal Government plans to construct 100 housing units in each of the 774 local government areas across the country, amounting to a total of 77,400 units. The construction is expected to be completed within one year from the date of launch,” he added.
Describing the programme as visionary, the Minister noted that it reflects President Tinubu’s commitment to ensuring that every Nigerian has access to decent housing, and underscores his passion for a better Nigeria, where even the most vulnerable can own a livable home.
Dangiwa further disclosed that the programme will be funded through the Renewed Hope Infrastructure Development Fund.
“Each estate will be equipped with auxiliary facilities such as recreational areas, a primary school, a police outpost, a clinic, and a shopping mall.”
Regarding the allocation of the houses, the Minister explained that 80% of the houses will be sold to Nigerians living in the local government areas who earn a living wage, adding that interested individuals will be required to contribute one-third of their monthly income.
“Anyone earning as low as N30,000 per month will be able to purchase a house, as they will only need to pay N10,000 monthly, which is one-third of their earnings. Similarly, someone earning N90,000 will pay N30,000.” he explained.
According to the minister, the remaining 20% of the housing units will be allocated free of charge to citizens with low or no income, such as widows, orphans, and others identified as vulnerable in society.
Dangiwa said that the Social Housing Programme is the third component of the broader Renewed Hope Housing initiative, which includes the Renewed Hope Housing Estates and Renewed Hope Cities.
He stated that the Renewed Hope Cities are being developed in the Federal Capital Territory, Rivers, Lagos, Enugu, Nasarawa, Kano,, and Maiduguri, while the Renewed Hope Estates initiative will provide to build 250 housing units each in 30 state capitals.
“We are constructing 250 units, taking two capital cities from each geopolitical zone, making a total of twelve. These are funded through the Federal budget, and this year, we intend to expand further,” he said.
In response to a partnership proposal for the upcoming Real Estate Innovation and Investment Carnival by Creative Sphere Limited, the Minister lauded the initiative as an excellent avenues to promote the housing sector and enhance the visibility of the Ministry’s programmes.
Earlier, Chairman of Creative Sphere Limited, Mr. Monday Ogedengbe, told the Minister that their visit was to seek collaboration with the Ministry for the upcoming event scheduled for later this year.
He noted that Creative Sphere aims to highlight the role of real estate in national economic growth by bringing a carnival-style awareness campaign to the sector, both nationally and internationally.
