On 18 November 2025, the Federal Government of Nigeria reaffirmed that President Bola Tinubu’s Renewed Hope Agenda prioritises closing the nation’s housing deficit while driving broad-based economic growth.
Speaking at the 8th Affordable Housing Finance and Investment Summit in Abuja, Housing Minister Ahmed Dangiwa, represented by Pemi Temitope, outlined a comprehensive strategy to expand affordable housing, create jobs, and stimulate local industries linked to construction.
Central to the initiative is a N250 billion intervention fund designed to accelerate housing delivery, with Phase 1 targeting 50,000 units across 15 locations, over 10,000 of which are currently under construction. Plans also include establishing Building Materials Manufacturing Hubs in each of Nigeria’s six geo-political zones to reduce costs and address supply-chain challenges.
Finance Minister Wale Edun, represented by Alhaji Ali Mohammed, highlighted complementary measures to support housing demand, including restructuring the Federal Government Staff Housing Loan Board to improve accessibility for civil servants.
Former Chief of Staff Prof. Ibrahim Gambari emphasised that housing security underpins broader national stability, linking human security to economic development. Summit convener Dr Yemi Adelakun urged stakeholders to collaborate in delivering sustainable “Tinubu houses,” noting the multiplier effects of housing projects on job creation and economic growth. The summit called for collective efforts to overcome persistent housing challenges and leverage the sector as a driver of national prosperity.