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Federal Government Teams Up to Build 2,000 Homes in Ibeju-Lekki

Federal Government Teams Up to Build 2,000 Homes in Ibeju-Lekki

The Federal Government has entered into a partnership with Harmony Gardens and Estate Development Limited and Metroscape Development Company Limited to build 2,000 housing units at Lekki Aviation Town in Ibeju-Lekki, Lagos State, as part of its Renewed Hope Housing Programme. The groundbreaking ceremony took place on October 30, 2026, with Housing Minister Muttaqha Rabe Darma stating that the project will improve access to homeownership and encourage private-sector involvement in housing delivery.

The development, structured as a public-private partnership, will feature two-bedroom and three-bedroom homes. Darma indicated that the project is expected to generate over 50,000 jobs and millions of productive man-hours.

He mentioned N78 billion as part of the funding, emphasizing that the project's success will be measured by the timely completion of the homes at the announced prices and quality standards. Abdullahi Saheed Mosadoluwa, CEO of Harmony Gardens, noted that prospective homeowners can begin with a deposit of N100,000, with payments spread over 25 years through the Federal Mortgage Bank of Nigeria.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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