The Minister of Housing and Urban Development, Ahmed Dangiwa, has said that the Renewed Hope Housing Programme will deliver the critical reforms needed to end the current housing challenges across Nigeria.
He recently shared that the programme will rectify all of the housing problems Nigerians are encountering in the near future.
Speaking recently during an interview with PunchNG, Ahmed disclosed that inadequate supply of houses, land tenure complexities, and restricted access to affordable financing will soon become a thing of the past in Nigeria.
He stated that there is a clear effort to guarantee accessible housing for every Nigerian, and the Renewed Hope Housing Programme is President Bola Ahmed Tinubu’s way of resetting the trajectory of housing and urban development across the country.
The minister noted that it is a courageous and people-centred initiative aimed at tackling the housing crisis head-on, while also using the success of the sector as a means to trigger inclusive economic growth, social equity, and national development.
“The Renewed Hope Housing Programme is the cornerstone of President Bola Ahmed Tinubu’s vision to reset the trajectory of housing and urban development in Nigeria. It is a bold, transformative, and people-centred initiative aimed at tackling the housing crisis head-on while also using housing as a tool to drive inclusive economic growth, social equity, and national development. The inspiration for this programme comes from the deeply felt need to address Nigeria’s massive housing deficit, estimated at over 17 million units, through a practical, scalable, and inclusive strategy. For too long, housing in Nigeria has remained unaffordable and inaccessible to the majority of Nigerians, particularly low- and middle-income earners, informal sector workers, and young people. The Renewed Hope Housing Programme is designed to change that.
It is designed to deliver affordable, dignified homes to Nigerians across all income brackets through a tiered, multi-level approach. The programme comprises three interconnected components: First are the Renewed Hope Cities; these are large-scale urban developments of at least 1,000 housing units to be located in major cities. They target high-income earners and diaspora investors. The goal here is not just housing; it’s to build smart, integrated communities with green spaces, schools, health centres, and commercial areas, serving as growth poles for new urban expansion. Second, we have the Renewed Hope Estates: These are mid-sized estates of about 250 housing units in each state capital. They are specifically tailored for middle-income Nigerians, civil servants, teachers, healthcare workers, traders, and artisans, who often fall through the cracks of traditional housing finance systems. These estates bring decent, affordable homes closer to where people work, reducing commuting time and improving quality of life. The third component is the Renewed Hope Social Housing Estates, which is perhaps the most ambitious and socially impactful component. These target the poorest and most vulnerable segments of our society: low-income, no-income, homeless individuals, and persons with disabilities. The goal is to construct 100 housing units in each of Nigeria’s 774 Local Government Areas, bringing affordable homes to the grassroots, closer to the people who need them most,” he said.
He further emphasized that Nigerians have not had a government that cares about implementing a comprehensive national housing strategy until now, so President Tinubu deserves a lot of credit.
He concluded by saying that the Renewed Hope Housing Programme will not just deliver homes, it’ll restore dignity, reduce poverty, aid local economies and create jobs as well.
This is the first time that any government in Nigeria is implementing a national housing strategy that is truly comprehensive, spatially balanced, and socially inclusive. Beyond delivering homes, the Renewed Hope Housing Programme is about restoring dignity, reducing poverty, creating jobs, stimulating local economies, and ensuring no Nigerian is left behind. It is also about promoting homeownership as a pathway to wealth creation and social mobility. The programme is underpinned by innovative off-take solutions, including single-digit interest rate mortgages, rent-to-own schemes with no down payment, and a digital housing portal to ensure transparency and equal access. And it is being implemented through strategic public-private partnerships, ensuring efficiency, sustainability, and greater scale,” he added.
