Minister of Housing and Urban Development, Ahmed Dangiwa has said that the ministry has created over 252,800 jobs and is constructing 10,000 housing units across the country under the Renewed Hope Agenda of the President Bola Tinubu’s administration.
The Minister stated this recently while briefing State House Correspondents at the Presidential Villa, Abuja.
He said that the Federal Government was working out a plan to provide free housing units to 77,400 vulnerable Nigerians across all 774 local government areas under the proposed National Social Housing Fund.
According to him, the overall target is to raise N1.2 trillion through voluntary monthly contributions of N5,000 or N60,000 annually from Nigerians. The plan he noted is awaiting legislative approval to become operational.
Dangiwa explained that the programme targets the most vulnerable in society, offering them homes free of charge as part of the administration’s commitment to inclusive development.
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“The timeline quite well now is before the end of 2025, the National Social Housing Fund is going to be on the ground. We have done all our groundwork.
“The report is ready, and we have written letters to all stakeholders, including the Federal Ministry of Finance and the Budget Office, to ensure we have their backing before presenting it to the Federal Executive Council,” he added.
While giving further breakdown, the Minister said: “We have various options of funding these things. There is one option that we want to ensure that at least 10 percent of Nigeria’s population, should make a voluntary contribution of 5000 Naira monthly.
“For one year, we are going to have 1.2 trillion. 10 percent of the total population of Nigerians is almost 20 million.”
He stressed the critical role of leadership in achieving these milestones.
“Everything starts with good leadership. When the vision is clear and there is an unwavering commitment to serve, great things happen,” he said.
The priorities of the Ministry as directed by President Tinubu include increasing housing supply to address the national
housing deficit, comprehensive land reforms to facilitate access to land and strengthening urban governance and administration.
Other priorities are establishing a National Social Housing Fund to meet the housing needs of no-income, low-income, and
underprivileged Nigerians.
