The Federal Government has reaffirmed its commitment to delivering 100,000 housing units across Nigeria before the end of the current administration, saying work is progressing on multiple housing projects under its national housing programme.
The assurance was given by the Minister of Housing and Urban Development, Arc. Muttaqa Rabe Darma, during an inspection of the Federal Mortgage Bank of Nigeria (FMBN) headquarters in Abuja following the recent fire incident at the facility. The minister said the administration remains focused on fulfilling its campaign promise by accelerating the construction and delivery of affordable homes nationwide.
According to Darma, housing projects are currently at different stages of development across the country, with many expected to be completed and handed over to beneficiaries before the administration’s tenure ends. He noted that once completed, Nigerians will be able to see the impact of the government’s housing initiatives in various states.
The minister stressed that expanding access to affordable housing remains a priority of the Federal Government’s development agenda. He explained that increasing the supply of quality homes will help reduce Nigeria’s housing deficit, stimulate economic activity, create jobs, and improve living standards for citizens.
Darma also reiterated the government’s commitment to strengthening the country’s housing finance system through reforms at the Federal Mortgage Bank of Nigeria. He disclosed that efforts are underway to improve mortgage processing and increase the number of mortgages approved annually, making homeownership more accessible to Nigerians.
Industry stakeholders say achieving the 100,000-home target will require sustained collaboration between the Federal Government, private developers, financial institutions, and state governments. They note that timely project execution, adequate infrastructure, and accessible housing finance will be critical to ensuring the successful delivery and long-term sustainability of the programme.
Housing experts also believe that expanding affordable housing supply could stimulate demand for building materials, create employment across the construction value chain, and contribute significantly to Nigeria’s economic growth. They add that consistent implementation of housing policies will be essential to addressing the country’s estimated housing deficit while encouraging greater private sector participation in residential development.
