PH Airport City Set to Transform High-End Housing and Drive Economic Growth in Rivers State

Naomi Udoyi
4 Min Read
A New Urban Vision A bold new urban vision is taking shape on the outskirts of Port Harcourt. The Rivers State Government and Masta Services Company Limited are unveiling PH Airport City. This self-sustaining, luxury mini-city aims to attract executives, investors, and long-time residents back to the Garden City. PH Airport City sits near Port Harcourt International Airport in Omagwa. The development will begin with 2,000 housing units, delivered in phases. These units will lay the foundation for a city within a city—modern, secure, competitive, and built for luxury living.
Project Structure and Partnerships Masta Rivers Development Company Limited, an SPV, leads the project. Masta Services holds 70 percent equity, while the Greater Port Harcourt City Development Authority (GPCDA) represents the state with 30 percent. The official unveiling took place at Hotel Presidential in Port Harcourt. Organizers also announced a partnership with the Federal Mortgage Bank of Nigeria (FMBN) to offer accessible mortgage plans for future homeowners.
Masterplan and Scale PH Airport City forms part of the Greater Port Harcourt Masterplan. This plan covers about 1,900 square kilometres across eight local government areas. Planners expect the region to grow into a modern urban cluster with over two million residents. Project brand consultant Ade Adeoshun said the mini-city will cover 80 hectares. Investors already have access to verified land titles.
Unlocking Economic Potential Adeoshun called the unveiling a new dawn for Rivers State. He emphasized that Port Harcourt’s economic strength, especially in oil and gas, remains underused. Years of insecurity, neglected infrastructure, and urban flight have held the city back.
Reversing Urban Flight Arc. Ugo Ohuabunwa, Managing Director of Masta Services, presented the masterplan. He explained that PH Airport City aims to reverse the exodus of high-value individuals from the state.
Many top executives left due to insecurity and the lack of secure, world-class residential environments. Ohuabunwa pointed out Port Harcourt’s strategic location. The city connects to Aba, Uyo, Owerri, Onitsha, and Yenagoa in under two hours. He believes Port Harcourt deserves urban infrastructure that reflects its economic importance.
Features of Nigeria’s First Aerotropolis PH Airport City will become Nigeria’s first true aerotropolis. In this model, the international airport functions as the economic hub. The city will feature residential, commercial, logistics, entertainment, and smart technology districts. Planned features include one- to five-bedroom smart homes, centralized electronic security, CCTV, malls, and entertainment centers. Residents will enjoy fiber-optic connectivity, gas-to-power systems, central sewage and stormwater management, extensive roads, and four fire stations.
Prices start at about ₦32 million. FMBN and Stanbic IBTC will provide mortgage support to widen access to luxury living. The developers will not rely on buyers’ funds to finance construction—a rare model in Nigeria’s housing sector.
Flexible Mortgage Options Melody Ukwa, Port Harcourt Branch Manager of FMBN, outlined the flexible housing products. These include Rent to Own, renovation loans, diaspora mortgage packages, and the National Housing Fund. Homeowners can access tenures of up to 30 years. Bennett Chu, Administrator of the GPCDA, said the state government examined every part of the development. The government insists on global standards to deliver mass housing without sacrificing quality.
Looking Ahead Construction has already begun. The developers want to create a lifestyle destination that blends safety, elegance, technology, and convenience. This project aims to restore investor confidence and change the story of Port Harcourt. The city’s strategic location and integrated infrastructure will redefine urban living in Rivers State. The first sets of housing units will arrive in phases soon.

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