FG to build 34,500 homes nationwide

Bisola David
Bisola David
Tinubu signs seven bilateral agreements with Qatar

President Bola Tinubu has authorized the construction of 34,500 homes around the country in order to increase access to decent, quality, and affordable housing for all Nigerians.

The Punch said that the statement was made by the Minister of Housing and Urban Development, Ahmed Dangiwa, as Taraba State Governor Agbu Kefas paid a courtesy visit to the ministry’s Abuja headquarters on Thursday.

The “Renewed Hope Cities” project, according to him, will include bungalows with one to three bedrooms and multi-level flats that will serve the housing needs of low- and middle-income earners.

He said that a combination of public-private partnerships, the Federal Mortgage Bank of Nigeria, and the Federal Housing Authority will be used to construct the homes.

In keeping with the president’s objective to pull 100 million Nigerians out of poverty, Dangiwa added that the government will create over 240,000 employment through this project.

When the cities are finished, 1,800 hectares of land will have been swallowed up across the country.

In order to implement the Renewed Hope Agenda for Housing, he remarked, “Providing land is a crucial area where we want your cooperation and partnership. We want to construct around 34,500 homes across the country as part of the first phase of our Renewed Hope Cities Project using a combination of FMBN, FHA, and Public-Private Partnerships.”

Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *