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FG reviews Chinese firm’s proposal to build 10,000 homes

The Federal Government has begun reviewing a proposal by China Hyway Group Limited to deliver 10,000 housing units across Nigeria within 30 months.

The Federal Ministry of Housing and Urban Development announced the development in a statement issued on Tuesday.

If approved, the project will use prefabricated construction technology under an Engineering, Procurement, Construction and Financing model to deliver 10,000 affordable housing units across Nigeria’s six geopolitical zones.

Following a presentation by China Hyway Group Limited, the Minister of Housing and Urban Development, Engr. Muttaqha Rabe Darma, directed the formation of a committee comprising relevant ministry directors to conduct a comprehensive review of the proposal and recommend the appropriate next steps.

The proposal was presented during a meeting between the minister and a delegation from China Hyway Group Limited led by its Chief Engineer, Lewis Chima.

“Our mandate is to ensure that more Nigerians have access to affordable and decent housing. We are therefore ready and willing to provide land in Abuja, across the states and in local government areas, subject to due process and the fulfilment of all statutory requirements.

“This proposal is encouraging because it aligns with the Renewed Hope Housing Programme and our determination to reduce the nation’s housing deficit,” the minister said.

The minister said the proposal aligns with President Bola Tinubu’s Renewed Hope Agenda, which prioritises expanding access to affordable, decent and sustainable housing through strategic public-private partnerships.

He added that the ministry remains committed to creating an enabling environment for credible investors by facilitating access to land and providing the institutional support needed for successful project execution.

China Hyway Group Limited’s Chief Engineer, Lewis Chima, said the company was drawn to Nigeria by its estimated 17 million-unit housing deficit and the country’s economic potential.

The company plans to deploy advanced prefabricated construction technology under the EPC+F model, which integrates project design, financing, construction and delivery into a single framework.

Chima said the model would enable the delivery of 10,000 housing units within 30 months while lowering construction costs, improving quality, shortening project timelines and strengthening risk management through international financing support.

He added that the company is seeking a long-term partnership with the Federal Government to help address Nigeria’s housing deficit, create jobs, facilitate technology transfer and promote sustainable urban development.

The ministry’s Permanent Secretary, Dr. Shuaib Belgore, assured the delegation of the ministry’s commitment to fostering strategic partnerships that will advance the Renewed Hope Housing Agenda and accelerate the delivery of affordable, quality and sustainable housing.

Nigeria faces one of Africa’s largest housing deficits, driven by rapid urbanisation, population growth, rising construction costs and limited access to affordable housing finance.

To close the gap, the country needs to build about 550,000 housing units annually. According to former Minister of Housing, Musa Dangiwa, achieving this target would require an estimated N5.5 trillion in annual investment over the next decade.