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FG Offers Land to Investors to Tackle Nigeria’s 17 Million Housing Deficit

Sunrise Times by Sunrise Times
July 15, 2026
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FG Offers Land to Investors to Tackle Nigeria’s 17 Million Housing Deficit
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The Federal Government has expressed its readiness to partner with credible investors to address Nigeria’s housing deficit, declaring its willingness to provide land across the country for large-scale housing developments aimed at expanding access to affordable homes.

The Minister of Housing and Urban Development, Ahmed Dangiwa, made the commitment while receiving a Chinese delegation led by Chief Engineer Lewis Chima, which sought a partnership with the Federal Government to deliver affordable housing projects nationwide.

In a statement issued on Tuesday by the ministry’s Director of Press and Public Relations, Badamasi Haiba, the minister commended the company’s interest in Nigeria’s housing sector, describing the proposal as consistent with President Bola Tinubu’s Renewed Hope Agenda, which prioritises affordable and sustainable housing through public-private partnerships.

Dangiwa said the ministry remained committed to creating an enabling environment for genuine investors by facilitating access to land and providing institutional support necessary for the successful execution of housing projects.

“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,” the minister said.”

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

Speaking during the presentation, Chima said the company was attracted to Nigeria because of its enormous housing demand and economic potential.

He noted that Nigeria’s estimated housing deficit of about 17 million units highlighted the urgent need for large-scale interventions, adding that the proposed project would complement the Federal Government’s Renewed Hope Housing Programme.

“The objective of this project is not merely to construct houses, but to develop sustainable communities through modern industrialised construction technology,” Chima said.

“We believe this initiative will make a significant contribution towards closing Nigeria’s housing gap while supporting the Federal Government’s vision of affordable housing for all.”

According to him, the company plans to deploy advanced prefabricated construction technology under an Engineering, Procurement, Construction and Financing (EPC+F) model that integrates project design, financing, construction and delivery within a single framework.

He explained that the technology would enable the delivery of 10,000 housing units within 30 months, while reducing construction costs, improving quality, shortening project timelines and strengthening risk management through international financing support.

Chima further assured the ministry of the company’s commitment to a long-term partnership with the Federal Government, expressing confidence that the project would help reduce the housing deficit, create jobs, facilitate technology transfer and support sustainable urban development.

Following the presentation, the minister directed the establishment of a committee comprising relevant directors within the ministry to conduct a comprehensive review of the proposal and advise on the next course of action.

Also speaking, the Permanent Secretary of the Ministry of Housing and Urban Development, Dr Shuaib Belgore, assured the delegation of the ministry’s commitment to promoting strategic partnerships capable of advancing the Renewed Hope Housing Agenda and accelerating the delivery of affordable, quality and sustainable housing nationwide.

Nigeria is estimated to face a housing deficit of about 17 million units, a challenge the Federal Government says it is addressing through the Renewed Hope Housing Programme.

The programme is designed to expand access to affordable housing through a three-tier structure comprising Renewed Hope Cities, Renewed Hope Estates and Renewed Hope Social Housing Estates, with public-private partnerships serving as a key delivery mechanism.

According to the ministry, construction has already commenced on more than 10,000 housing units across 14 states and the Federal Capital Territory under the initiative.

Major projects include the 3,112-unit Renewed Hope City in Karsana, Abuja, a 2,000-unit Renewed Hope City in Ibeju-Lekki, Lagos, and another Renewed Hope City in Kano, as well as 250-unit Renewed Hope Estates in several states.

The Federal Government said the projects are aimed at reducing the country’s housing deficit, stimulating economic growth and improving access to affordable housing for Nigerians.

Tags: PRESIDENT BOLA TINUBU
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