The Federal Government has secured over N70 billion in private investment through Public-Private Partnerships to support its Renewed Hope Housing Programme, a flagship initiative targeting Nigeria’s housing deficit.

Minister of Housing and Urban Development, Ahmed Musa Dangiwa, announced the development while declaring open the 19th Africa International Housing Show. He also unveiled a new state-by-state homeownership and housing development campaign as part of efforts to bridge the national housing gap.

This was contained in a statement signed by the Ministry’s Special Assistant on Media & Strategy, Mark Chieshe.

“To date, over N70bn in private capital has been mobilised under Public-Private Partnerships to drive large-scale urban housing developments,” Dangiwa said.

“Across Africa, millions of families still cannot afford decent homes even when they are available. This administration is not just building houses; we are fixing the structural and macroeconomic foundations that will make housing truly affordable and sustainable for Nigerians today and in the future, Dangiwa added in his keynote address.”

He outlined the Federal Government’s three-tier Renewed Hope Housing Programme—Renewed Hope Cities, Renewed Hope Estates, and Renewed Hope Social Housing Estates—describing it as the national blueprint for delivering affordable housing across Nigeria.

Dangiwa also highlighted the Federal Mortgage Bank of Nigeria’s expanding range of housing support initiatives, including the Rent-to-Own Scheme and Rental Assistance Product, designed to ease the housing burden for urban workers and young families. He further disclosed that the forthcoming MOFI Real Estate Investment Fund will enhance access to long-term, affordable mortgage financing.

A major highlight of the Minister’s address was the introduction of a state-by-state housing initiative aimed at enhancing the implementation of federal housing policies at the subnational level.

“We will embed housing reform champions in state governments, convene state housing roundtables, and provide hands-on support to structure viable housing projects and unlock financing opportunities,” he announced.

The campaign is expected to foster stronger collaboration among federal agencies, state governments, private developers, and development partners to address local housing challenges and deliver tailored, context-specific solutions.

The Minister also reaffirmed the Federal Government’s commitment to urban renewal and slum upgrading, aligning with global frameworks such as the UN-Habitat Global Action Plan and the Addis Declaration on Inclusive Urban Development.

“No one and no place is left behind,” he stressed.