FG Offers Land to Investors for Mass Housing Projects

The Federal Government of Nigeria, through the Ministry of Housing and Urban Development, is prepared to partner with credible investors to address the nation's housing deficit by providing land for mass housing projects. Minister Muttaqha Darma disclosed this on Tuesday, emphasizing the government's commitment to creating an enabling environment for genuine investors.

The initiative aligns with President Bola Tinubu's Renewed Hope agenda, which prioritizes expanding access to affordable housing. The government aims to deploy advanced prefabricated construction technology to deliver 10,000 housing units within 30 months, significantly reducing construction costs and improving quality.

Nigeria currently faces an estimated housing deficit of 17 million units, necessitating large-scale intervention. The proposed projects will complement the government's Renewed Hope Housing Program, which includes the construction of 10,000 housing units across 14 states and the Federal Capital Territory.

The initiative is expected to create jobs, promote technology transfer, and support sustainable urban development.