The Federal Government has revealed that it committed over ?70 billion on mobilization under the Public-Private Partnership to drive large-scale urban housing developments and bridge the Nigerian housing deficit under the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration.

The Minister of Housing and Urban Development, Architect Ahmed Musa Dangiwa, who made the announcement yesterday while declaring open the 19th edition of the Africa International Housing Show (AIHS) in Abuja, also said the Federal Government plans for a state-by-state homeownership and housing development campaign aimed at addressing policy execution gaps at sub-national levels in collaboration with state governments, private developers, and development partners.

Dangiwa further announced that part of the efforts in closing the housing deficit through partnerships includes convening States Housing Roundtables and embedding Housing Reform Champions in state governments. 

Nigerian Airways plane modelsThe Nigerian housing deficit is estimated by various data to be between 20–28 million, despite various housing programmes initiated by successive governments.

The Guardian checks show that between 2015 and 2025—cumulatively 10 years of the All Progressives Congress (APC)-led administration—only 13,612 housing units have been completed, despite huge budgetary allocations under the 2020–2025 National Development Plan initiated during the late President Muhammadu Buhari’s regime. That plan promised one million affordable housing units annually, alongside the Renewed Hope Housing Programme of the current administration.

Minister of Housing and Urban Development, Ahmed Dangiwa, had stated that the previous Buhari administration completed and sold 3,500 housing units under the National Housing Programme.

Dangiwa also noted that the current administration under President Bola Tinubu is completing the construction of 10,112 units across 14 states and the FCT, claiming this exceeds the previous administration’s achievements in housing delivery. 

Nigerian Airways plane modelsHowever, delivering his address at the 19th AIHS, Architect Dangiwa pointed out that affordability remains a huge obstacle to homeownership on the African continent, despite growing housing supply efforts.

According to him, across Africa, millions of families still cannot afford decent homes even when they are available. This administration is not just building houses; we are fixing the structural and macroeconomic foundations that will make housing truly affordable and sustainable for Nigerians today and in the future.

He highlighted the Federal Government’s three-tier Renewed Hope Housing Programme—comprising Renewed Hope Cities, Renewed Hope Estates, and Renewed Hope Social Housing Estates—as the blueprint for delivering affordable homes nationwide, stressing that, “to date, over ?70 billion in private capital has been mobilized under Public-Private Partnerships (PPPs) to drive large-scale urban housing developments.”

Abuja Formula 1 Grand Prix ticketsThe Minister also spotlighted key interventions by the Federal Mortgage Bank of Nigeria (FMBN), including the Rent-to-Own Scheme and Rental Assistance Product, designed to ease housing pressure on urban workers and young families, as well as the upcoming MOFI Real Estate Investment Fund (MREIF) to expand access to long-term mortgage loans at affordable rates.

His words: “We will embed Housing Reform Champions in State Governments, convene State Housing Roundtables, and provide hands-on support to structure viable housing projects and unlock financing opportunities.”

He further reiterated the commitment of the Ministry to urban renewal and slum upgrades, aligning with the UN-Habitat Global Action Plan and the Addis Declaration on Inclusive Urban Development to ensure that “no one and no place is left behind.”

The Minister called on development finance institutions, donor agencies, and the private sector to partner with the Federal Government in transforming shared knowledge from forums like AIHS into tangible results for Nigerians. 

Nigerian Airways plane models“Housing is not a privilege. It is a right. When we invest in housing, we invest in people, jobs, cities, and our collective future,” he said.

The 19th Africa International Housing Show is expected to attract thousands of participants and exhibitors from across Africa and globally, serving as a strategic platform for dialogue, partnership building, and showcasing innovative solutions to Africa’s housing challenges.