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    LASTMA Introduces Drone Technology to Improve Traffic Management in Lagos

    LASTMA Introduces Drone Technology to Improve Traffic Management in Lagos

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

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    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    Stitch Teams Up with Standard Bank’s Shyft for Instant Wallet Top-Ups in South Africa

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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

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    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    iPhone 16 Sales Surge 20% in China, Signaling a Strong Comeback

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    It’s important to set boundaries in entertainment industry – Reminisce

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Home National

FG approves building of 34,500 Homes nationwide

by Julius Afolalu
October 23, 2023
in National
Reading Time: 1 min read
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Tinubu set to arrive Lagos from Paris trip
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President Bola Tinubu has approved the construction of 34,500 homes nationwide to boost access to decent, quality, and affordable housing for all Nigerians.

The Minister for Housing and Urban Development, Ahmed Dangiwa, made the announcement when the Taraba State governor, Agbu Kefas paid a courtesy visit at the ministry headquarters on Thursday in Abuja.

He said the project code-named “Renewed Hope Cities” will comprise one to three-bedroom bungalows and multi-level flats catering to the housing needs of low and medium-income earners.

He said the houses will be built using a blend of public-private partnerships, the Federal Mortgage Bank of Nigeria, and the Federal Housing Authority.

Dangiwa noted that with this project, the government will create over 240,000 jobs in line with the president’s goal to lift 100 million Nigerians out of poverty.

It was gathered that the cities upon completion would gulp 1,800 hectares of land across the country.

He said, “In our plan to deliver the Renewed Hope Agenda for Housing, one major area where we seek your support and collaboration is the provision of land. Under the first phase of our Renewed Hope Cities Project, we plan to build about 34,500 houses nationwide using a blend of FMBN, FHA, and Public-Private Partnerships.”

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