The Federal Government has pledged to prioritise ongoing housing projects across the country. The Minister of Housing and Urban Development, Ahmed Dangiwa, made this known in Abuja during the ministry’s expanded management meeting with heads of departments and units. Dangiwa said that the meeting was to review the 2025 performance of the ministry and […]
The House of Representatives has asked the ministry of housing and urban development to collaborate with state governments to enforce rent control measures, capping rent increases at no more than 20 percent of the existing rent. This followed the adoption of a motion by Rep. Jeremiah Akiba, who said the measure was needed to stop […]
By Agency Report The Federal Ministry of Housing and Urban Development (FMHUD) has expressed serious concerns over ongoing delays and substandard work by contractors involved in the Renewed Hope Housing Programme. In the past month, Minister Arc. Ahmed Musa Dangiwa has issued two stern warnings to developers, urging them to complete their projects on time […]
BY MOTOLANI OSENI The federal government has appointed ARM Investment Managers (ARM) as the Fund Manager for its N1 trillion Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), aimed at addressing the housing deficit and promoting inclusive economic growth. The MREIF is an initiative of President Bola Tinubu’s vision, championed by the minister of […]
BY MOTOLANI OSENI The federal government, through the Ministry of Finance Incorporated (MOFI), has invested N150 billion in the Real Estate Investment Fund (MREIF) as part of efforts to address the housing deficit in the country. This landmark initiative was designed to stimulate economic activity in the real estate and construction sectors. The full subscription […]
By Tunde Opalana The Minister of Housing and Urban Development, Ahmed Dangiwa has begged the National Assembly to increase it’s budgetary allocation for it to fund seven critical programmes of the housing sector. These projects which include the Renewed Hope Cities and Estates Housing Programme and Slump Upgrading and Urban Renewal Programme and others, he […]
The housing affordability crisis in Nigeria has reached alarming levels, particularly in Lagos and Abuja, where property prices have soared beyond the reach of many potential homebuyers. The Housing Development Advocacy Network (HDAN) has been actively advocating for government intervention to address this growing issue, which has made homeownership a distant dream for many Nigerians. […]
The Federal Government has given the first batch allottees of the National Housing programme (NHP), eight weeks to complete their payments or forfeit their allocations. Dr Marcus Ogunbiyi, Permanent Secretary, Ministry of Housing and Urban Development disclosed this in a statement on Monday in Abuja. In the statement signed by Mr Salisu Haiba, Director, Press […]
The Federal Government on Thursday, held a ground-breaking ceremony for the construction of 216 housing units of the Federal Integrated Staff Housing Estate (FISH) project. The ceremony, performed at Public Service Institute (PSIN) complex at Kubwa in Abuja, witnessed a foundation laying for the 216 units of two and three bedroom flats Speaking at the […]
…applauds FCT minister on CofO Experts in the housing and construction industry have asked the government to shift more attention to the production of local building materials, as a major step to reduce the high cost of properties across the country. This was as they applauded the initiative by the Federal Capital Territory, Nyesom Wike, […]
By Ukpono Ukpong Nigeria’s growing number of homeless people has been a cause for concern for many well-meaning Nigerians and international organizations alike. These have been aggravated by the exploding population Nigeria is currently facing. Housing deficit, when left unabated, could lead to an increase in crime, an outbreak of diseases, unaffordable house prices as […]
By Tunde Opalana Workers on the payroll of the Federal Government may have had their hope of accessing housing loans dashed due to paucity of funds for agency of government saddled with the responsibility of giving such loans. The Federal Government Staff Loan Board said it cannot attend to the high number of housing loan […]
Efforts by the Federal Government, FG, to ensure that deficit housing conditions seen in the country and the spate of unemployment among young Nigerians and other myriad of problems faced in the country are addressed, have been mired in controversy. Oftentimes, Nigerians have bemoaned the high economic and social instability pervading the polity which are […]
Minister of Works and Housing, Babatunde Fashola, has revealed plans to immediately remove any broken down truck from the highways as part of measures to ensure the free flow of traffic while construction work is on -going. He gave the assurance over the weekend while inspecting the rehabilitation of the Odukpani- Akpet-Alesi -Ugep Road in […]
Abuja The Federal Government has reiterated its commitment to developing holistic strategies involving all tiers of government and the private sector to tackle housing challenges in the country. Mr Mohammed Bukar, Permanent Secretary, Federal Ministry of Works and Housing (FMWH) said this in his opening remarks at the Eight Meeting of the National Council on […]
President Muhammadu Buhari has approved the appointment of Chief Executive Officers (CEOs) of agencies in the Federal Ministries of Health, Information and Culture, Education, Power, Works, and Housing, and Resident Electoral Commissioners in the Independent National Electoral Commission (INEC). This development was contained in a statement issued by Mr Lawrence Ojabo, the director press in […]
The House of Representatives on Wednesday expressed disappointment at the non-utilization of land acquired by the military in various parts of the country and has charged the Minister of Power, Works and Housing, Babatunde Fashola to ensure that all lands acquired by the military authorities are used for the purposes intended. The House resolution follows […]
‘We must address 17 million housing deficit, 25% ownership rate in Nigeria” For many Nigerians, especially urban dwellers, having a roof over their heads and that of their families is a nightmare they pray fervently will pass over them. However, one sure way to tackle this nightmare is in the deployment of technology. This was […]
Following a public hearing session organized by House of Representatives on the National Housing Fund, NHF,a Non-Governmental Organisation, Media Practitioners For Development has canvassed for unbridled cooperation of all relevant stakeholders in the sector to ensure the success of Federal Mortgage Bank of Nigeria FMBN under the leadership of Arc Ahmed Dangiwa. In a statement […]
Homework Development and Properties Limited has shown a strong commitment in resolving the housing deficit in Nigeria through affordable mini estates of one, two and three bedroom apartments which feature innovative architectural designs. Director of Homework Development and Properties Limited, Mr. Jide Adekola, whose firm participated at the two-day West African Property Investment (WAPI) summit […]