The Lagos State Government has warned contractors handling its ongoing housing developments to accelerate construction work or risk losing their contracts. The warning comes as the state intensifies efforts to deliver thousands of housing units and address growing housing demand.

Commissioner for Housing, Moruf Akinderu-Fatai, issued the warning during an inspection of housing schemes at Abraham Adesanya Extension and the Sangotedo Housing Scheme Phase 2. He expressed dissatisfaction with the pace of work at some sites and said the government would not tolerate unnecessary delays.

According to the commissioner, Lagos is targeting the delivery of about 2,000 housing units across several ongoing projects, including the 526-unit Sangotedo project being developed under a Public-Private Partnership arrangement. He noted that the administration is committed to completing the projects before the end of its tenure.

Akinderu-Fatai explained that some projects experienced setbacks due to inflation and the sharp increase in building material costs, which forced contractors and the ministry to revisit project terms and implementation plans. However, he stressed that those challenges have largely been addressed and the government’s priority is now the timely delivery of the housing schemes.

The commissioner said urgent meetings would be held with contractors to resolve outstanding technical issues and remove any bottlenecks slowing construction activities. He warned that contractors who fail to meet agreed timelines despite receiving adequate funding could face sanctions, including the revocation of their contracts.

The state government maintained that expanding housing infrastructure remains a major priority and reiterated its commitment to increasing access to quality and affordable homes for residents through strategic housing investments and partnerships.

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The Federal Housing Authority (FHA) has commenced the development of a new housing estate in Abuja as part of ongoing efforts to reduce Nigeria’s housing deficit and expand access to affordable homes. The project is being developed in partnership with Green Pasture Homes Limited and aligns with the Federal Government’s housing delivery agenda.

The development, known as the FHA Green City Estate, is located in the Wasa District along the Apo-Wasa corridor in the Federal Capital Territory. The estate will comprise more than 200 residential units, including apartments and terrace duplexes designed to meet the needs of different categories of homebuyers and investors.

FHA officials said the project goes beyond providing shelter and is expected to stimulate economic activities and create employment opportunities for engineers, architects, artisans, suppliers, and other professionals involved in the construction value chain. The authority added that strategic partnerships with private developers remain essential to accelerating housing delivery across the country.

According to the authority, the project forms part of broader plans to establish a stronger presence nationwide and deepen access to quality and affordable housing. FHA disclosed that it has secured land in multiple states and has already commenced housing projects in several locations as part of its expansion drive.

The developer said the estate is designed to provide a secure and sustainable residential community, taking advantage of the rapid infrastructure growth within the Apo-Wasa axis. The area has increasingly attracted investment interest due to expanding road networks and rising residential demand.

Industry stakeholders have welcomed the initiative, describing it as an example of what can be achieved through effective collaboration between government institutions and private developers. They noted that large-scale housing projects can contribute significantly to reducing Nigeria’s housing shortfall while supporting economic growth and urban development.

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The Lagos State Government has reiterated its commitment to delivering more than 2,000 housing units currently under construction across different parts of the state by May next year as part of efforts to improve access to affordable housing and reduce the housing deficit.

Commissioner for Housing, Moruf Akinderu-Fatai, gave the assurance during an inspection of ongoing housing projects in Abraham Adesanya and Sangotedo in the Ibeju-Lekki axis. He said the government remains focused on completing the projects within the lifespan of the current administration.

According to the commissioner, four major housing schemes are presently under development across Lagos through Public-Private Partnership (PPP) arrangements designed to increase the supply of affordable homes for residents. He noted that the state is closely monitoring the projects to ensure timely delivery and value for money.

While expressing satisfaction with progress recorded on some of the projects, Akinderu-Fatai acknowledged concerns over the pace of work at certain sites. He disclosed that technical issues had been identified and that the ministry would intensify inspections and engagements with contractors to accelerate delivery.

The commissioner warned that the government would take appropriate measures against contractors that fail to meet agreed timelines, including sanctions or replacement where necessary. He added that some of the projects could be ready for delivery between October and November this year if construction activities improve significantly.

He attributed delays experienced on some of the housing schemes to inflation and the sharp increase in the cost of building materials, which affected project execution across the country. However, he said those challenges have largely been addressed and the focus has shifted to completing and handing over the housing units.

The state government maintains that expanding housing infrastructure remains a key priority, with the projects expected to improve access to decent accommodation and support broader efforts to tackle Lagos’ growing housing demand.

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The Federal Housing Authority (FHA) has secured land in 28 states as part of efforts to expand affordable housing projects and improve access to decent homes across Nigeria. The agency said the initiative forms part of its strategy to establish a stronger presence nationwide and address the country’s persistent housing deficit.

According to the authority, several states have already allocated prime land for the development programme, while construction activities have commenced in some locations following the award of contracts. Groundbreaking ceremonies have already been conducted in states including Akwa Ibom, Abia, Kaduna, Abeokuta, and the Federal Capital Territory.

The FHA also disclosed that it is implementing reforms aimed at improving service delivery and safeguarding property records. As part of these efforts, the agency has commenced the digitalisation of its property files and is working towards full automation of its operations. The authority added that its test laboratory for geological and integrity assessments has become operational.

The agency noted that it has completed and commissioned several inherited projects over the past 26 months, including housing developments in Ibadan and Abuja that were previously considered difficult to complete. It added that work is also progressing on a 336-unit housing estate in Bwari, Abuja, with plans to commission the project before the end of the year.

The authority assured prospective homeowners and investors that it would maintain high standards of quality assurance, transparency, and accountability in delivering its projects. It also expressed appreciation to government institutions, regulatory agencies, and host communities for their support in advancing the housing initiatives.

Industry stakeholders have described the housing projects as evidence of the opportunities within Nigeria’s real estate sector and the potential of collaboration between government and private developers to improve housing delivery. They noted that affordable housing projects can stimulate economic growth, generate employment, and support related industries across the country.

Officials from the Office of the Secretary to the Government of the Federation also stated that the projects align with ongoing efforts to address Nigeria’s long-standing housing deficit and improve access to housing, particularly in the Federal Capital Territory and other regions.

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Nigeria housing deficit tops 20 million units, raising fresh concerns among industry stakeholders who say stronger government intervention is needed to improve housing delivery and expand access to affordable homes across the country.

Real estate developers and housing experts have warned that the widening gap between housing demand and supply continues to pose a major challenge to economic development and urban growth. With rapid population expansion and increasing urbanisation, the need for affordable residential housing has continued to outpace available supply.

Industry stakeholders argue that inadequate financing remains one of the biggest obstacles preventing large-scale housing development. Many developers struggle to secure affordable long-term funding, while commercial loans often come with high interest rates and repayment structures that are not suitable for real estate projects.

The challenge is compounded by limited access to mortgage financing for prospective homeowners. Experts note that many Nigerians are unable to obtain affordable mortgages, reducing effective demand for housing and making it more difficult for developers to recover investments through home sales.

Developers also point to rising construction costs as a major concern. Inflation, exchange rate volatility, and increasing prices of building materials have significantly raised project costs, forcing some developers to delay, scale down, or suspend projects altogether.

Beyond funding issues, stakeholders have identified infrastructure deficits, regulatory bottlenecks, land acquisition challenges, and multiple levies as factors contributing to the slow pace of housing delivery. According to industry experts, these issues increase development costs and ultimately affect housing affordability.

The housing sector plays a critical role in Nigeria’s economy, supporting construction, manufacturing, engineering, and other related industries. Experts warn that continued underinvestment in housing could have broader economic consequences, including reduced job creation and slower infrastructure development.

Stakeholders are therefore calling for stronger collaboration between government agencies, financial institutions, and private developers. Suggested measures include expanding access to housing finance, strengthening mortgage systems, encouraging public-private partnerships, and implementing policies that support long-term investment in residential development.

Analysts believe addressing the housing shortage will require sustained investment and coordinated action from both the public and private sectors. Without significant improvements in housing finance and development policies, the country’s housing deficit could continue to widen in the coming years.

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The Federal Government has pegged the price of a one-bedroom semi-detached bungalow at N8.5 million under its Renewed Hope Housing Estate Programme, aimed at making homeownership more affordable and transparent for Nigerians.

In a statement on Thursday, the Federal Ministry of Housing and Urban Development announced uniform prices across all states:

• One-bedroom: N8.5 million
• Two-bedroom: N11.5 million
• Three-bedroom: N12.5 million

The Ministry said the uniform pricing ensures equity, affordability, and fairness, allowing Nigerians nationwide to benefit equally.

Minister Ahmed Musa Dangiwa noted that allocation priority will go to low- and middle-income earners, civil servants, private sector workers, and Nigerians in the Diaspora.

Permanent Secretary Dr. Shuaib Belgore added that flexible payment options—outright purchase, mortgage, rent-to-own, and instalment plans—are available to make ownership easier. Sales of completed homes across the country will begin soon.

Interested applicants should apply via www.renewedhopehomes.fmhud.gov.ng or visit the Ministry’s offices nationwide.

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