Nigeria and Saudi Arabia have taken steps to strengthen bilateral cooperation in housing development, construction technology and local building materials manufacturing, following high-level talks held on the sidelines of the 2026 Real Estate Future Forum (RFF 2026) in Riyadh.
The discussions took place during a bilateral meeting between Nigeria’s Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, and Saudi Arabia’s Minister of Municipal and Rural Affairs and Housing (MOMRAH), Majed bin Abdullah Al-Hogail. Both countries explored strategic areas of collaboration aimed at attracting private capital and accelerating large-scale housing delivery in Nigeria.
During the meeting, Dangiwa presented Nigeria’s Renewed Hope Housing Programme, describing it as a flagship initiative designed to deliver affordable and market-rate housing across different income segments through structured public-private partnerships (PPPs). He said the programme is anchored on clear policies, bankable frameworks and strong demand fundamentals that make it attractive to local and international investors.
The minister also highlighted the Federal Government’s Building Materials Manufacturing Hubs initiative, which is targeted at boosting local production of construction inputs, reducing building costs, creating jobs and strengthening Nigeria’s construction value chain.
According to Dangiwa, the Federal Government is repositioning the housing sector as a key driver of economic growth rather than merely a social intervention. He noted that Nigeria is actively seeking partnerships with credible Saudi developers, manufacturers, financiers and technology providers, particularly in the area of local building materials production.
“Our Building Materials Manufacturing Hubs offer a compelling opportunity for Saudi investors interested in local production and long-term value creation in Nigeria,” he said.
In his response, Al-Hogail welcomed Nigeria’s reform-driven housing agenda and expressed Saudi Arabia’s readiness to deepen institutional cooperation. He said Saudi authorities recognise Nigeria’s significant housing deficit and the ongoing efforts to unlock private investment in the sector.
According to him, both countries share common objectives in large-scale housing delivery, construction innovation and local manufacturing. He added that MOMRAH is willing to support engagement between Nigerian institutions and reputable Saudi firms with the required capital, technical expertise and operational capacity.
“There are clear areas of synergy between our housing and urban development goals,” Al-Hogail said, noting that Saudi Arabia is open to facilitating partnerships that can translate Nigeria’s housing reforms into concrete investment outcomes.
The engagement underscores Nigeria’s broader strategy of leveraging global platforms such as RFF 2026 to attract foreign direct investment, exchange best practices and forge partnerships that support housing delivery and industrial development under the Renewed Hope Agenda.
The Federal Ministry of Housing and Urban Development said follow-up engagements would continue with MOMRAH and prospective Saudi partners to convert the discussions into project-level collaborations and tangible investment opportunities in Nigeria.
