The Federal government yesterday approved a N250 billion real estate investment fund aimed at providing affordable, long-term mortgages to Nigerians. The approval, the government explained, was part of the efforts to tackle Nigeria’s severe housing deficit and stimulate long-term economic growth. This was disclosed by the Minister of Finance, Wale Edun, while briefing State House correspondents at the end of …

The Federal Government has begun the construction of 216 housing units for civil servants at the Public Service Institute of Nigeria (PSIN) in Abuja. The outgoing Head of the Civil Service of the Federation (HoCSF), Dr. Folasade Yemi-Esan, led the kick-off ceremony at PSIN in Kubwa, Abuja. The outgoing HoCSF said President Bola Tinubu’s administration remained committed to ensuring that …

The Commissioner for Housing in Ogun State, Jamiu Omoniyi, on Friday, disclosed that the Governor Dapo Abiodun administration in the last five years had created over 50,000 jobs for artisans in the housing sector of the state. Omoniyi explained that the jobs were made possible through a direct labour strategy adopted by the state government in executing various housing projects …

The Lagos State government has assured residents of Lagos State owned housing estates of transparency and openness in the allocations of homes. The state’s commissioner for Housing, Hon. Moruf Akinderu-Fatai gave the assurance during a stakeholders’ forum organized for residents of Lagos State government-owned housing estates in Ikorodu division. The event brought together residents, government officials, estate facility managers and …

The Niger Delta Development Commission (NDDC), in conjunction with the Federal Mortgage Bank of Nigeria (FMBN), have organised a sensitisation session to educate its staff on the provisions and benefits of the National Housing Fund Scheme. Speaking at the interactive session held at the Commission’s headquarters in Port Harcourt, the NDDC Director, Administration and Human Resources, Mr. Patrick Ekade, stressed …

Minister of Housing and Urban Development, Ahmed Musa Dangiwa says, President Bola Ahmed Tinubu plans to build 50,000 housing units across the country to create jobs, uplift lives, and boost economic development. The minister stated this yesterday in Lafia at the ground-breaking of the 250-housing unit Renewed Hope Estate in Nasarawa, adding that the ceremony is a continuation of the …

The Vice-Chancellor of Ahmadu Bello University (ABU), Professor. Kabiru Bala, says the housing and infrastructure deficit in the country provides enormous opportunities for professional builders to actively participate in building the national economy considering Nigeria’s level of development. Speaking at the two-day maiden retreat of the Northern Builders’ Forum (NBF) of the Nigerian Institute of Building (NIOB) held at Ahmadu …

The Federal Government has launched the Renewed Hope Cities and Estates portal to give Nigerians, both home and abroad, access to housing. Managed by the Federal Ministry of Housing and Urban Development, the Renewed Hope platform is a state-of-the-art web portal designed to enhance the delivery of the Renewed Hope Estates and Cities Initiative of the current administration. At the …