FG to Review Housing Prices as Minister Reaffirms Commitment to Affordable Homes

Taiwo Ajayi
3 Min Read

The Federal Government has reaffirmed its commitment to addressing Nigeria’s housing deficit, with assurances that the pricing of government-owned housing projects will be reviewed to ensure affordability for average Nigerians.

The Minister of State for Housing and Urban Development, Rt. Hon. Yusuf Abdullahi Ata, gave the assurance during an official assessment visit to the National Housing Project (NHP) Estate in Laminga, Jos East Local Government Area of Plateau State.

Ata said affordable housing remains a core priority under President Bola Ahmed Tinubu’s Renewed Hope agenda, stressing that the administration is focused on expanding housing supply while preventing cost barriers that could exclude intended beneficiaries.

According to the minister, the Ministry of Housing and Urban Development is intensifying efforts to increase the volume of available housing units nationwide, while ensuring that pricing structures reflect economic realities and promote inclusivity.

Price Review for Dilapidated Units

During the visit, officials of the Jos East Local Government Area expressed interest in acquiring housing units within the Laminga estate through a bulk purchase arrangement. However, the local authorities requested a downward review of the initial prices, citing visible dilapidation in some buildings and the anticipated cost of maintenance and repairs.

Responding to the request, Ata assured that the ministry would reassess the estate’s valuation to reflect its current condition.

“The ministry will offer the houses to the local government based on current face value, taking into consideration some observed dilapidation,” the minister said. “We will review the initial pricing and address it accordingly to ensure these units are put to use for the benefit of the people.”

Boosting Local Economic Activity

The NHP Estate in Laminga is expected to play a significant role in stimulating socio-economic growth in Jos East and surrounding communities. Beyond providing shelter, the occupation of the estate is projected to create economic opportunities, improve living standards, and reduce infrastructure decay caused by prolonged vacancy.

The Federal Controller of Housing in Plateau State, Bldr. Emmanuel Attah, who accompanied the minister on the inspection, confirmed that the local government was eager to take over the housing units. He noted that doing so would help reduce maintenance costs and prevent further deterioration of the buildings.

Renewed Hope Housing Agenda

The assessment visit highlights the Federal Government’s proactive approach to managing the National Housing Programme and ensuring that completed projects are not left idle.

By addressing pricing concerns and encouraging bulk acquisition by local governments, the ministry aims to accelerate the deployment of affordable housing units across the country while strengthening collaboration between federal and local authorities.

The minister concluded the visit by reaffirming the administration’s resolve to deliver sustainable housing solutions that support social stability, economic development, and improved quality of life for Nigerians.

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