Berger Paints Nigeria Plc. (BPN), a pioneer in the Nigerian coating and allied industry, has been awarded the Creative Colour Company of the Year at the Africa Housing Awards 2025.

This prestigious recognition celebrates the company’s decades-long legacy of innovation, Creativity , quality, and leadership in Nigeria’s Paint and Housing industry.

Founded in 1959, Berger Paints Nigeria has consistently set industry standards, achieving several firsts in the sector. From being the first paint manufacturer established in Nigeria and the first to be listed on the Nigerian Stock Exchange, to introducing textured coatings like Texcote and developing environment-friendly paint products, BPN has shaped the evolution of the Nigerian paint market.

The company’s innovation extends to supplying coil-coating paints to aluminum factories, developing thermo-setting acrylic paints, and winning the National Merit award for local raw materials utilization.

Berger Paints Nigeria offers an extensive range of products tailored for various applications—interior and exterior paints, decorative finishes, metal and wood coatings, industrial and automotive paints—each known for quality, durability, and vibrant colour choices. Their product lineup includes weather-resistant paints, metallic and glitter options, high-performance industrial coatings, and advanced solutions for both commercial and residential needs.

The Creative Colour Company of the Year award is a testament to Berger Paints Nigeria’s commitment to innovation and excellence. Their dedication to developing tropicalized, eco-friendly paints and introducing tamper-proof containers underscores a consumer-focused approach and a drive for sustainable industry practices.

Receiving this award at the Africa Housing Awards 2025 highlights Berger Paints Nigeria’s continued impact on the housing and construction industry, inspiring creativity and setting a benchmark for quality and service across Africa.

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Family Homes Funds Limited (FHFL), Nigeria’s leading social housing financing fund, has been awarded the prestigious Sustainable Housing Award of the Year (Eco-Friendly Homes for Windows) at the Africa Housing Awards 2025.

This recognition underscores FHFL’s unwavering dedication to providing affordable, eco-friendly housing solutions and its transformative impact on the quality of life for low-income Nigerians.

Established to improve access to homeownership for families on low income, FHFL leverages investments from the private sector, multilateral agencies, and impact investors to raise long-term, low-cost mortgage finance.

Through this innovative approach, the Fund not only addresses the pressing housing deficit but also stimulates economic activity across Nigeria—creating over 84,478 jobs and financing more than 15,722 homes with a total investment of ₦69.4 billion.

FHFL’s strategy is rooted in collaboration, bringing together state governments, project developers, and development finance institutions to deliver affordable and innovative homes.

The organization’s mission aligns with the New Urban Agenda and the United Nations Sustainable Development Goals, championing sustainable cities and communities, poverty reduction, decent work, clean water access, and reduced inequalities.

The Sustainable Housing Award of the Year (Eco-Friendly Homes for Windows) is a testament to FHFL’s commitment to making affordable housing a reality, not just a dream. Their efforts have set new benchmarks for sustainability and inclusivity in Nigerian housing, ensuring that everyone has a place to call home.

Receiving this honor at the Africa Housing Awards 2025 highlights FHFL’s vital role in building a more inclusive, environmentally friendly, and prosperous Nigeria—while inspiring other stakeholders in the sector to pursue excellence and social impact.

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Ned Okonkwo has been honored as the Most Enterprising CEO of Real Estate Development Company of the Year at the Africa Housing Awards 2025, a recognition that highlights his visionary leadership, entrepreneurial spirit, and transformative impact on Nigeria’s real estate sector.

As the founder and CEO of Nedcomoaks Limited, Ned Okonkwo’s journey is a testament to resilience and innovation. Starting the company with zero capital, he has, in less than a decade, propelled Nedcomoaks into the ranks of Nigeria’s leading real estate developers. Today, the company boasts annual revenues exceeding N15 billion and provides employment opportunities for thousands, playing a vital role in the nation’s economy.

Nedcomoaks Limited has developed an impressive portfolio of both completed and ongoing real estate projects across Lagos, including Citadel Views 2.0, Chevron Lekki, Victoria Nest 2, Capital Loft, Citadel Views 1.0 Phase B, and Victoria Crest. These developments are distinguished by their modern architectural designs, integrated smart features, and amenities such as solar power in select estates like Citadel Oasis. The company is renowned for delivering secure, comfortable living experiences with robust infrastructure, particularly in sought-after areas like Lekki and Ajah.

Kennedy Okonkwo—widely celebrated as Africa’s biggest real estate mogul—is known for his visionary approach and commitment to transforming the Nigerian real estate industry. With over 15 years of experience, he has redefined affordable housing, reshaping the skyline and providing accessible homes for countless Nigerians. His passion for entrepreneurship and belief in real estate’s power to change lives have driven the remarkable growth of Nedcomoaks Limited.

A passionate advocate for the socioeconomic benefits of real estate, Kennedy Okonkwo’s influence extends beyond business. His philanthropic initiatives include sponsoring the Eti Osa community Oba’s Cup and establishing the Kennedy Okonkwo Programme for Tech Entrepreneurs, underscoring his commitment to community empowerment and youth development.

Kennedy’s academic achievements include an MBA from Lagos State University and a BSc in Psychology from the University of Ibadan. He has held strategic leadership roles, serving as Business Strategy Advisor at Amazon Energy, CEO of Victoria Crest Homes, Managing Director of Nedcomoaks Limited, and Group Managing Director of Capital Mortgage Bank—a subsidiary of Capital Holdings Company. His expertise spans real estate, renewable energy, finance, and business development.

Demonstrating remarkable adaptability, Kennedy responded to the COVID-19 pandemic and rising energy costs by founding Citadel Views in 2021. This forward-thinking company focuses on developing estates powered by renewable energy solutions, championing sustainable and environmentally friendly housing for Nigerians.

The honor of Most Enterprising CEO of Real Estate Development Company of the Year reflects Ned Okonkwo’s relentless pursuit of excellence, innovation, and social impact. Through his leadership, Nedcomoaks Limited continues to set new industry standards, transforming lives, empowering communities, and driving sustainable growth across Nigeria’s real estate landscape.

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…as Housing minister decry Africa faces 130m housing deficit by 2030, $1.4trn in finance gap

Convener of the 7th Africa Housing awards, Barr. Festus Adebayo, said the housing and construction sector remains a major driver of growth, job creation, and national development hence the need for zero tolerance for scammers in the sector while collaborating with the National Assembly, Federal Capital Territory, Federal Ministry of Housing,

Lagos State government and other regulatory agencies to ensure appropriate regulations are put in place like what is obtainable in Dubai.

Festus Adebayo who disclosed this at the 7th Africa Housing Awards in Abuja, said the housing crisis remains one of Africa’s most urgent development challenges.

He said this “Our decision to come up with this Africa Housing award ceremony seven years ago to recognize and appreciate contributions of deserving individuals and organizations contributing to the development of the sector which has been attracting participants from all across Africa.”

According to him, the Housing sector is evolving—new technologies, shifting regulations, global economic pressures, and environmental challenges continue to influence the way we work. It is important that we recognize these changes early, monitor industry trends, and position ourselves to respond swiftly and strategically.

He added, “For us in HDAN, we are committed to excellence and we shall continue to monitor the activities of all stakeholders to ensure professionalism in service delivery with zero tolerant to any form of unethical practices in the sector to ensure that the sector is devoid of scammers and fraudsters that take advantage of the innocent public”

“ We would not hesitate to expose any fraudulent malpractices who have been given bad names to the sector even if you are our award recipient” he disclosed

The CEO Housing Tv show also disclosed that stakeholders are collaborating with the National Assembly, Federal Capital Territory, Federal Ministry of Housing, Lagos State government and other regulatory agencies to ensure appropriate regulations are put in place like what is obtainable in Dubai.”

At the event, about 52 individuals, organisations, government bodies including Kano State Governor, Alhaji Abba Yusuf, Minister of Housing and Urban Development, Alhaji Ahmed Dangiwa, and other African leaders were honoured across three categories.

According to the minister of Housing and Urban development Arc Ahmed Dangiwa, Africa is grappling with a housing deficit of no fewer than 50 million units, with an estimated $1.4 trillion housing finance gap, the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, has said.

While the Kano governor was named Housing and Infrastructure-Friendly Governor of the Year for policies supporting mass housing delivery and urban renewal initiatives, Dangiwa emerged as Africa’s most transformational Minister of Housing and Urban Development 2025 for reforms targeting affordability, local materials and private sector participation.

The minister warned that without accelerated solutions, the continent’s housing deficit could rise to about 130 million units by 2030.

According to him, Nigeria’s housing deficit is conservatively estimated at over 17 million units, noting however that the Federal Goverment was responding with scale and systems.

The minister said, “Today about 54 million Africans live in urban slums and the continent faces a shortfall of housing of at least 50 million housing units whose housing finance gap is estimated at about over 1.4 trillion dollars.

“So if you do not accept the solution or accelerate the solutions, Africa’s housing deficit is projected to rise to about 130 million units by 2030. .

He noted that housing could no longer be treated as a peripheral sector, stressing that it sits at the intersection of economic growth, social stability, urban resilience and human dignity.

Dangiwa commended the organisers of the Africa International Housing Show for sustaining advocacy and accountability in the sector, describing the annual event as more than a conference.

Turning to Nigeria, the minister said the Federal Government, under President Bola Ahmed Tinubu’s Renewed Hope Agenda, had adopted a shift from fragmented housing projects to a structured national programme focused on measurable delivery.

Dangiwa revealed that in the last two years, the ministry had commenced over 10,000 housing units across 14 states and the Federal Capital Territory (FCT).

He added that through urban renewal and slum upgrade programmes, the government had impacted more than 150 communities nationwide with critical infrastructure.

The minister, however, stressed that no single government or country could address the housing challenge alone, calling for a continental approach.

Namibia’s Minister of Urban and Rural Development, James Sankwasa, who received Minister for Housing of the Year 2025 award said Africa has reached a point where it must recognise and celebrate its own development efforts.

The event has in attendance dignitaries from the Building industry, the Honorable Minister of Housing from Namibia, delegation from Gambia, the delegation from Ghana and the delegation from Kenya as well as all stakeholders that travelled from far and near in Nigeria.

Speaking, Chairman of the Nigeria Union of Journalists (NUJ), FCT Council, Grace Ike, called for stronger collaboration between journalists and housing sector stakeholders to improve access to decent housing for media professionals.

Ike praised the organiser of the Africa Housing Awards and CEO of Housing TV Show, Festus Adebayo, for his consistent advocacy and support for journalism, saying the platform had amplified public discourse on affordable housing.

She appealed to the Minister of Housing to fulfil the promise of a Journalists’ Village in the FCT, urging that the project be realised by 2026, with support from the Federal Mortgage Bank of Nigeria.

“That promise ignited dreams across newsrooms. Now, we make a passionate appeal not to abandon us. Our dream is to see your promise come to fruition in 2026. With the support of the Mortgage Bank, this village can rise equipping journalists with stable homes to focus on ethical reporting and peace-building”, she said.

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… as HDAN vows Zero Tolerance for Scammers

Africa is grappling with a housing deficit of no fewer than 50 million units, with an estimated $1.4 trillion housing finance gap, the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, has said.

Dangiwa who disclosed this at the 7th Africa Housing Awards in Abuja, said the housing crisis remains one of Africa’s most urgent development challenges.

At the event, about 52 individuals, organisations, government bodies including Kano State Governor, Alhaji Abba Yusuf, Minister of Housing and Urban Development, Alhaji Ahmed Dangiwa, and other African leaders were honoured across three categories.

While the Kano governor was named Housing and Infrastructure-Friendly Governor of the Year for policies supporting mass housing delivery and urban renewal initiatives, Dangiwa emerged as Africa’s most transformational Minister of Housing and Urban Development 2025 for reforms targeting affordability, local materials and private sector participation.

The minister warned that without accelerated solutions, the continent’s housing deficit could rise to about 130 million units by 2030.

According to him, Nigeria’s housing deficit is conservatively estimated at over 17 million units, noting however that the Federal Goverment was responding with scale and systems.

The minister said, “Today about 54 million Africans live in urban slums and the continent faces a shortfall of housing of at least 50 million housing units whose housing finance gap is estimated at about over 1.4 trillion dollars.

“So if you do not accept the solution or accelerate the solutions, Africa’s housing deficit is projected to rise to about 130 million units by 2030. .

He noted that housing could no longer be treated as a peripheral sector, stressing that it sits at the intersection of economic growth, social stability, urban resilience and human dignity.

Dangiwa commended the organisers of the Africa International Housing Show for sustaining advocacy and accountability in the sector, describing the annual event as more than a conference.

Turning to Nigeria, the minister said the Federal Government, under President Bola Ahmed Tinubu’s Renewed Hope Agenda, had adopted a shift from fragmented housing projects to a structured national programme focused on measurable delivery.

Dangiwa revealed that in the last two years, the ministry had commenced over 10,000 housing units across 14 states and the Federal Capital Territory (FCT).

He added that through urban renewal and slum upgrade programmes, the government had impacted more than 150 communities nationwide with critical infrastructure.

The minister, however, stressed that no single government or country could address the housing challenge alone, calling for a continental approach.

Namibia’s Minister of Urban and Rural Development, James Sankwasa, who received Minister for Housing of the Year 2025 award said Africa has reached a point where it must recognise and celebrate its own development efforts.

Convener of the awards, Barr. Festus Adebayo, said the housing and construction sector remains a major driver of growth, job creation, and national development.

He said this “informed our decision to come up with this Africa Housing award ceremony seven years ago to recognize and appreciate contributions of deserving individuals and organizations contributing to the development of the sector which has been attracting participants from all across Africa.”

According to him, the Housing sector is evolving—new technologies, shifting regulations, global economic pressures, and environmental challenges continue to influence the way we work. It is important that we recognize these changes early, monitor industry trends, and position ourselves to respond swiftly and strategically.

He added, “For us in HDAN, we are committed to excellence and we shall continue to monitor the activities of all stakeholders to ensure professionalism in service delivery with zero tolerant to any form of unethical practices in the sector to ensure that the sector is devoid of scammers and fraudsters that take advantage of the innocent public”

“ We would not hesitate to expose any fraudulent malpractices who have been given bad names to the sector even if you are our award recipient” he disclosed

The CEO is Housing Tv show also disclosed that stakeholders are collaborating with the National Assembly, Federal Capital Territory, Federal Ministry of Housing, Lagos State government and other regulatory agencies to ensure appropriate regulations are put in place like what is obtainable in Dubai.”

The event has in attendance dignitaries from the Building industry, the Honorable Minister of Housing from Namibia, delegation from Gambia, the delegation from Ghana and the delegation from Kenya as well as all stakeholders that travelled from far and near in Nigeria.

Speaking, Chairman of the Nigeria Union of Journalists (NUJ), FCT Council, Grace Ike, called for stronger collaboration between journalists and housing sector stakeholders to improve access to decent housing for media professionals.

Ike praised the organiser of the Africa Housing Awards and CEO of Housing TV Show, Barrister Festus Adebayo, for his consistent advocacy and support for journalism, saying the platform had amplified public discourse on affordable housing.

She appealed to the Minister of Housing to fulfil the promise of a Journalists’ Village in the FCT, urging that the project be realised by 2026, with support from the Federal Mortgage Bank of Nigeria.

“That promise ignited dreams across newsrooms. Now, we make a passionate appeal not to abandon us. Our dream is to see your promise come to fruition in 2026. With the support of the Mortgage Bank, this village can rise equipping journalists with stable homes to focus on ethical reporting and peace-building”, she said.

The post Africa faces 130m housing deficit by 2030, $1.4trn in finance gap, minister warns appeared first on Housing TV Africa.

BY: Naomi Udoyi

Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has won the esteemed Transformational Africa Housing Minister of the Year Award for the second consecutive time. This remarkable achievement is a testament to the minister’s unwavering commitment to driving transformative change in Nigeria’s housing sector

The award results were officially announced on the Africa Housing Awards website, following a rigorous evaluation process that recognized the Minister’s outstanding contributions to affordable housing, innovative solutions, and sustainable urban development.

The Africa Housing Awards 2025 ceremony is set to take place on December 12th, 2025, at the prestigious Fraser Suite in Abuja, Nigeria, and will bring together industry leaders, policymakers, and innovators from across Africa.

Other notable winners include the Namibia Minister of Housing and Urban Development, Hon. Sankwasa James Sankwasa, as well as top leading real estate companies from Kenya, Ghana, Uganda, and South Africa, who will be recognized for their exceptional work in various categories.

Africa Housing Awards is aimed at celebrating the excellent achievements of individuals and companies in the housing and construction industry.

It recognizes and appreciates hardworking and innovative companies and personalities in them. It was birthed to celebrate exceptionalism, hard work, dedication, and success in the construction and housing industry.

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