The Federal Government has unveiled plans to kickstart the construction of 34,500 housing units in thirty states across Nigeria.
The project, known as Phase 1 of the Renewed Hope Cities and Estates and Slum Upgrading Programme, is set to commence before December.
The Minister of Housing and Urban Development, Arc. Musa Dangiwa, revealed the details during the 12th Meeting of the National Council of Lands, Housing, and Urban Development in Kaduna.
The housing units will include 1, 2, and 3-bedroom affordable multi-level flats and bungalows for low-income earners, as well as high-end detached bungalows, terraces, and duplexes for those with higher incomes. The construction will take place in thirty states, including Kano, Lagos, Rivers, Borno, Enugu, Nasarawa, and the Federal Capital Territory.
To ensure affordability, the Federal Government is considering various options, including Rent-to-Own, Public Rental, Mortgage Loans, and outright sale. The goal is to provide diverse housing solutions that cater to the needs and financial capacities of different segments of the population.
In addition to the housing units, the government aims to upgrade 26 slums in six regions, including the FCT.
The comprehensive slum upgrading project will involve the provision of essential infrastructure such as access roads, water supply, solar streetlights, drainage systems, and other services to enhance the living conditions of slum dwellers.
This ambitious initiative reflects the government’s commitment to addressing the housing deficit in the country, promoting inclusivity and improving the overall quality of urban living.