President Bola Ahmed Tinubu has unveiled plans to deliver more than 10,000 housing units across 14 states and the Federal Capital Territory (FCT), with the initiative expected to generate over 300,000 jobs as part of efforts to address Nigeria’s housing deficit and stimulate economic growth.
According to an official statement signed by the Special Adviser, Media and Publicity, Office of the Secretary to the Government of the Federation (OSGF), Yomi Odunuga, President Tinubu made the disclosure through the Secretary to the Government of the Federation (SGF), Senator George Akume, CON, who represented him at the opening ceremony of the 20th Africa International Housing Show (AIHS) in Abuja on Tuesday.
The President said his administration’s Renewed Hope Agenda is translating policy into tangible results through strategic housing projects and robust public-private partnerships aimed at expanding access to affordable housing across the country.
He disclosed that the Renewed Hope Cities projects in Abuja, Lagos and Kano are already at advanced stages, while additional housing estates and cities are being developed across the six geopolitical zones.
President Tinubu described housing as more than a basic social need, noting that it is a critical economic asset that drives productivity, promotes dignity and contributes to national stability.
“The Federal Government of Nigeria recognises housing as a strategic national priority and is committed to sustained, whole-of-government support for the sector,” he said.
He explained that achieving sustainable housing delivery requires coordinated action in land administration, infrastructure development, financing, urban planning, industrial growth, social welfare and collaboration among all tiers of government.
The President also highlighted ongoing reforms to make Nigeria’s housing sector more attractive to investors, including improvements in land administration, stronger housing finance frameworks, enhanced project structuring and greater transparency in project implementation.
He said the administration is expanding partnerships with private sector investors while strengthening long-term housing finance through institutions such as the Federal Mortgage Bank of Nigeria.
President Tinubu invited both local and international investors to take advantage of opportunities in Nigeria’s housing market, assuring them of a conducive business environment while emphasising the need to operate in compliance with the country’s laws.
“Nigeria welcomes serious partners who are ready to build, finance and innovate at scale,” he said.
He further pledged continued collaboration with continental institutions, including the African Union and Shelter Afrique Development Bank, to develop sustainable solutions to Africa’s growing housing challenges.
President Tinubu urged developers, financial institutions, manufacturers, policymakers and development partners to use the 20th anniversary of the Africa International Housing Show as an opportunity to deepen collaboration and accelerate efforts to bridge the housing deficit across the continent.
