FG Announces Plans To Build 50000 Housing Units

Federal government of Nigeria has announced plans to build 50,000 housing units across the country.

Gatekeepers News reports that according to the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, President Bola Ahmed Tinubu said this will create jobs, uplift lives, and boost economic development in the nation.

Dangiwa said this at the ground-breaking of the 250-housing unit Renewed Hope Estate in Nasarawa.

The minister added that the ceremony is a continuation of the nationwide groundbreaking exercise that President Tinubu had launched early this year in Karsana, Abuja with 3,112-housing units.

According to the minister “Under phase one of this programme, we plan to deliver a total of 50,000 housing units across Nigeria. This includes 7 Renewed Hope Cities that will have between 500 and 1,000 housing units per site in each of the six geo-political zones in the country and the FCT, while the renewed hope estate will have 250 units per site in the remaining 30 states.

“With this housing programme, we plan to unlock the massive potentials of housing development to create jobs, uplift lives, and boost economic development. This is in line with the Renewed Hope Agenda of Mr President to stimulate inclusive growth, lift 100 million Nigerians out of poverty, and build a $1 trillion economy.”