FHA Completes N8 Billion Gwarinpa Shopping Mall Project

The Federal Housing Authority (FHA) announced the completion of the N8 billion shopping mall in Gwarinpa Estate, Abuja, which had been abandoned prior to the intervention of President Bola Ahmed Tinubu. Hon. Oyetunde Ojo, the Managing Director of FHA, highlighted that the mall consists of four floors and includes 59 shop spaces and a fully serviced penthouse.

The project, described as the tallest mall within FHA estates, is anticipated to create 500 jobs, thereby contributing to poverty reduction and economic expansion. Ojo emphasized that the project was realized through a public-private partnership, with no direct government funding used, as the land was provided and individual investors financed the construction.

The project is valued at N6 billion to N8 billion. Additionally, FHA plans to replicate similar commercial facilities across its estates nationwide.

The completion of the mall is part of the broader agenda to improve living conditions and create a conducive business environment in Nigeria.