The Federal Government has secured 200 hectares of land in the Lekki Free Trade Zone, Lagos, to establish a building materials hub aimed at reducing housing construction costs nationwide.

Housing and Urban Development Minister, Ahmed Dangiwa, revealed this during a tour of the Lekki and Lagos Free Zones, according to NAN.

He said the hub would boost local content in the construction industry, check rising material costs, encourage domestic production, and support sustainable housing delivery.

Similar hubs are planned across Nigeria’s six geopolitical zones.

“The Federal Government has secured 200 hectares of land within the Lekki Free Trade Zone, Lagos, for a building materials hub to reduce housing production costs.

“The Minister of Housing and Urban Development, Mr Ahmed Dangiwa, disclosed this during a tour of industrial areas within the Lekki and Lagos Free Zones,” the report read in part.

According to the minister, the hub will be backed by intermodal transport infrastructure, seaports, airports, railways, and roads, to guarantee smooth operations.

He noted that an investor has already been secured to launch the project, which is expected to cut reliance on imports, save foreign exchange, and generate jobs through local manufacturing.

The initiative builds on the Federal Government’s August 2024 announcement to set up building materials hubs in all six geopolitical zones to boost domestic production, reduce import dependence, create jobs, and advance affordable housing nationwide.