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	<title>Nigerian housing sector - Housing TV Africa</title>
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	<description>24/7 Breaking News, Housing News, Real Estate News, Mortgage News, Construction news, Property News</description>
	<lastBuildDate>Sun, 23 Aug 2026 21:26:48 +0000</lastBuildDate>
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	<title>Nigerian housing sector - Housing TV Africa</title>
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		<title>Ndume Seeks More Housing for IDPs, NEDC Office in Biu</title>
		<link>https://www.housingtvafrica.com/ndume-seeks-more-housing-for-idps-nedc-office-in-biu/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ndume-seeks-more-housing-for-idps-nedc-office-in-biu</link>
		
		<dc:creator><![CDATA[bethel innocent]]></dc:creator>
		<pubDate>Sun, 23 Aug 2026 21:26:48 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[Biu]]></category>
		<category><![CDATA[Borno South]]></category>
		<category><![CDATA[Borno State]]></category>
		<category><![CDATA[displaced persons]]></category>
		<category><![CDATA[Housing Projects]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[IDP housing]]></category>
		<category><![CDATA[Infrastructure Development]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Mohammed Ali Ndume]]></category>
		<category><![CDATA[Mohammed Goni Alkali]]></category>
		<category><![CDATA[NEDC]]></category>
		<category><![CDATA[Nigerian housing sector]]></category>
		<category><![CDATA[North East Development Commission]]></category>
		<category><![CDATA[post-insurgency recovery]]></category>
		<category><![CDATA[Road Construction]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=37059</guid>

					<description><![CDATA[<p><img width="700" height="375" src="https://www.housingtvafrica.com/wp-content/uploads/2026/08/Ndume.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Ndume Seeks More Housing for IDPs, NEDC Office in Biu" decoding="async" /></p>
<p>Senator Mohammed Ali Ndume, representing Borno South, has asked the North East Development Commission (NEDC) to build more houses in communities affected by insurgency and displacement. Ndume made the request during a courtesy visit to the NEDC Managing Director and Chief Executive Officer, Mohammed Goni Alkali. He also called for the creation of an NEDC [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/ndume-seeks-more-housing-for-idps-nedc-office-in-biu/">Ndume Seeks More Housing for IDPs, NEDC Office in Biu</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="700" height="375" src="https://www.housingtvafrica.com/wp-content/uploads/2026/08/Ndume.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Ndume Seeks More Housing for IDPs, NEDC Office in Biu" decoding="async" /></p><p class="isSelectedEnd"><strong>Senator Mohammed Ali Ndume, representing Borno South, has asked the North East Development Commission (NEDC) to build more houses in communities affected by insurgency and displacement.</strong></p>
<p class="isSelectedEnd">Ndume made the request during a courtesy visit to the NEDC Managing Director and Chief Executive Officer, Mohammed Goni Alkali.</p>
<p class="isSelectedEnd">He also called for the creation of an NEDC annex office in Biu. According to him, the office would make it easier for people in Southern Borno to access the commission&#8217;s programmes.</p>
<p class="isSelectedEnd">The senator said a local office would bring NEDC services closer to residents. It could also reduce the need for people to travel long distances to access the commission.</p>
<h2>Housing needed for displaced families</h2>
<p class="isSelectedEnd">Ndume placed particular emphasis on housing. He identified Damboa, Chibok, Gwoza, Askira-Uba and Biu as areas that need more housing projects.</p>
<p class="isSelectedEnd">He said additional homes would support displaced families. They would also help communities affected by insurgency with their resettlement and recovery efforts.</p>
<p class="isSelectedEnd">Housing is an important part of rebuilding communities affected by conflict. Families returning to these areas need safe homes as well as roads, schools, healthcare and other basic services.</p>
<p class="isSelectedEnd">More housing construction could also support local economic activity. Building projects create demand for construction workers, materials and other services.</p>
<h2>Senator seeks support for education and roads</h2>
<p class="isSelectedEnd">Ndume also asked the NEDC to provide more infrastructure support to key educational institutions in Borno South.</p>
<p class="isSelectedEnd">He mentioned the Federal College of Education, Gwoza, and the Nigerian Army University, Biu.</p>
<p class="isSelectedEnd">The senator also urged the commission to help complete the Izge–Bita Road. He said he facilitated the project last year, but funding problems have slowed its progress.</p>
<p class="isSelectedEnd">Improved road links are important to housing and community development. Roads can improve access to homes, schools, health facilities, markets and other public services.</p>
<h2>Ndume commends NEDC&#8217;s UMTH investment</h2>
<p class="isSelectedEnd">The senator also praised the NEDC for its investment in the University of Maiduguri Teaching Hospital (UMTH).</p>
<p class="isSelectedEnd">He highlighted the commission&#8217;s support for the hospital&#8217;s fertility centre. The facility provides specialised reproductive and fertility-related medical services.</p>
<p class="isSelectedEnd">Ndume&#8217;s comments reflect the wider need to connect housing development with healthcare, education and transport infrastructure.</p>
<h2>NEDC responds to Biu office request</h2>
<p class="isSelectedEnd">Alkali thanked Ndume for the visit and his continued interest in the development of the North-East.</p>
<p class="isSelectedEnd">He said the NEDC remains focused on improving living conditions across the region through development projects.</p>
<p class="isSelectedEnd">On the proposed Biu office, Alkali explained that the NEDC Act provides for offices across the six states of the North-East.</p>
<p class="isSelectedEnd">He said the commission already has offices in some states. Other offices, he added, are at different stages of construction.</p>
<p class="isSelectedEnd">Alkali explained that NEDC offices are mainly established at the state level. However, he said the commission would continue to look for ways to bring its services closer to communities.</p>
<h2>NEDC promises continued housing investment</h2>
<p class="isSelectedEnd">Alkali also responded to the request for more housing in Borno South.</p>
<p class="isSelectedEnd">He assured Ndume that the commission would continue to invest in quality housing. He said particular attention would be given to communities recovering from insurgency and displacement.</p>
<p class="isSelectedEnd">The response keeps housing at the centre of the wider reconstruction effort in the North-East. For displaced families, the availability of homes can play an important role in supporting their return and resettlement.</p>
<p class="isSelectedEnd">The requests from Ndume also show the need for housing projects to be supported by roads, education, healthcare and other infrastructure.</p>
<p class="isSelectedEnd">For communities rebuilding after years of insecurity, these services are important to creating conditions where families can return, settle and rebuild their lives.</p>
<p>The proposed expansion of housing and infrastructure in Borno South therefore goes beyond the construction of individual homes. It highlights the role of coordinated public investment in supporting resettlement and the recovery of communities affected by displacement.</p>
<p>The post <a href="https://www.housingtvafrica.com/ndume-seeks-more-housing-for-idps-nedc-office-in-biu/">Ndume Seeks More Housing for IDPs, NEDC Office in Biu</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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			</item>
		<item>
		<title>FG hands over houses to NHF beneficiaries in FCT</title>
		<link>https://www.housingtvafrica.com/fg-hands-over-houses-to-nhf-beneficiaries-in-fct/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=fg-hands-over-houses-to-nhf-beneficiaries-in-fct</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 16:27:40 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Housing News]]></category>
		<category><![CDATA[Abuja real estate]]></category>
		<category><![CDATA[affordable housing Nigeria]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[Brains and Hammers Bungalow City]]></category>
		<category><![CDATA[FCT property development]]></category>
		<category><![CDATA[federal mortgage bank of nigeria]]></category>
		<category><![CDATA[FMBN rent to own]]></category>
		<category><![CDATA[housing infrastructure]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Low-Income Housing]]></category>
		<category><![CDATA[mortgage finance Nigeria]]></category>
		<category><![CDATA[Muttaqha Darma]]></category>
		<category><![CDATA[National Housing Fund]]></category>
		<category><![CDATA[Nigerian housing sector]]></category>
		<category><![CDATA[Renewed Hope Housing Agenda]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=35531</guid>

					<description><![CDATA[<p><img width="2048" height="1152" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/licensed-image-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>The Federal Government has officially transferred ownership of new residential units to verified subscribers of the National Housing Fund (NHF) within the Federal Capital Territory. Funded via the Federal Mortgage Bank of Nigeria (FMBN), the newly constructed property development was executed by Brains and Hammers under a specialised rent-to-own initiative located at Bungalow City in [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-hands-over-houses-to-nhf-beneficiaries-in-fct/">FG hands over houses to NHF beneficiaries in FCT</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="2048" height="1152" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/licensed-image-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-path-to-node="1">The Federal Government has officially transferred ownership of new residential units to verified subscribers of the National Housing Fund (NHF) within the Federal Capital Territory. Funded via the Federal Mortgage Bank of Nigeria <a href="https://fmbn.gov.ng">(FMBN)</a>, the newly constructed property development was executed by Brains and Hammers under a specialised rent-to-own initiative located at Bungalow City in Abuja. This milestone event marks a critical step forward in the state&#8217;s ongoing efforts to scale up accessible property ownership pathways for everyday citizens.</p>
<p data-path-to-node="2">During the handover ceremony, the Minister of Housing and Urban Development, Muttaqha Darma, emphasized the state&#8217;s focus on accelerating real estate development to meet the targets of the current administration&#8217;s Renewed Hope Housing Agenda. The Minister acknowledged previous administrative delays where certain off-takers waited up to two years for their properties, extending an official apology while promising that structural reforms within the ministry will prevent future structural bottlenecks. With everyday workers in major cities like Abuja and Lagos spending up to sixty percent of their income on lease fees, public interventions remain a critical priority.</p>
<p data-path-to-node="3">The Managing Director of the FMBN, Shehu Osidi, explained that the successful resolution of the Bungalow City project followed extensive stakeholder mediation after a section of the estate was initially designated for security personnel. Through collaborative technical committees, the interests of the original NHF contributors were fully protected. The rent-to-own operational framework functions by completely eliminating the initial equity deposit requirement, enabling low-income and middle-income earners to transition from conventional tenants into full property owners through gradual, structured monthly payments.</p>
<p data-path-to-node="4">The newly commissioned residential zone consists of detached two-bedroom and three-bedroom terrace designs built alongside modern supporting infrastructure. Expressing gratitude on behalf of the community, the Secretary of the Residents Association, Sanusi Dansoro, noted that the successful completion highlights the massive developmental impact achievable when government institutions, financial bodies, and private developers align their operations toward common national goals.</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-hands-over-houses-to-nhf-beneficiaries-in-fct/">FG hands over houses to NHF beneficiaries in FCT</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>Resida Launches End-to-End Housing Platform in Nigeria</title>
		<link>https://www.housingtvafrica.com/resida-end-to-end-housing-platform-nigeria/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=resida-end-to-end-housing-platform-nigeria</link>
		
		<dc:creator><![CDATA[bethel innocent]]></dc:creator>
		<pubDate>Tue, 16 Jun 2026 15:08:06 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[digital real estate]]></category>
		<category><![CDATA[home rental platform]]></category>
		<category><![CDATA[housing solutions Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[Lagos property market]]></category>
		<category><![CDATA[Lagos real estate]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Nigerian housing sector]]></category>
		<category><![CDATA[Nigerian rental market]]></category>
		<category><![CDATA[property management technology]]></category>
		<category><![CDATA[property technology Nigeria]]></category>
		<category><![CDATA[proptech startup]]></category>
		<category><![CDATA[rent payment platform]]></category>
		<category><![CDATA[rental management Nigeria]]></category>
		<category><![CDATA[Resida]]></category>
		<category><![CDATA[Resida housing platform Nigeria]]></category>
		<category><![CDATA[verified property listings]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=35198</guid>

					<description><![CDATA[<p><img width="445" height="364" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/Erunwerel.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Resida, a property technology company focused on improving the rental experience in Nigeria, has launched a comprehensive housing platform designed to simplify how people search for homes, pay rent, and manage property-related services. The platform enters the market at a time when many renters continue to face challenges such as fraudulent property listings, complicated rental [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/resida-end-to-end-housing-platform-nigeria/">Resida Launches End-to-End Housing Platform in Nigeria</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="445" height="364" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/Erunwerel.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-start="2033" data-end="2269"><a href="https://resida.ng?utm_source=chatgpt.com">Resida,</a> a property technology company focused on improving the rental experience in Nigeria, has launched a comprehensive housing platform designed to simplify how people search for homes, pay rent, and manage property-related services.</p>
<p data-start="2271" data-end="2545">The platform enters the market at a time when many renters continue to face challenges such as fraudulent property listings, complicated rental processes, inadequate record keeping, and limited access to dependable maintenance services.</p>
<p data-start="2547" data-end="2871">According to the company, the new solution combines multiple housing services into a single ecosystem, allowing users to browse verified properties, apply for short-term and long-term rentals, make secure payments, and connect with trusted service providers for repairs and maintenance.</p>
<p data-start="2873" data-end="3313">Founder of Resida, Ilemobayo Kings Ayejuni, said the platform was developed to address long-standing inefficiencies within the rental sector and create a more transparent experience for tenants, landlords, and property managers. He noted that the traditional rental process has often been fragmented and burdened by trust issues, making it difficult for users to navigate housing transactions smoothly.</p>
<p data-start="3315" data-end="3698">Beyond helping users find accommodation, the platform provides landlords and property managers with tools for tenant verification, rent collection, financial reporting, and maintenance tracking. The company believes these features will help improve operational efficiency and reduce administrative challenges associated with property management.</p>
<p data-start="3700" data-end="4009">Resida revealed that it currently operates in more than 15 locations across Lagos, offering renters access to a growing inventory of inspected and verified properties. The company plans to continue expanding its presence as demand for digital housing solutions increases.</p>
<p data-start="4011" data-end="4432">The launch highlights the growing role of technology in Nigeria’s real estate sector, where startups are increasingly developing innovative solutions to address housing accessibility, rental management, and affordability challenges. Recent industry reports have shown rising demand for flexible housing options and structured rental solutions across major cities, particularly Lagos.</p>
<p data-start="4434" data-end="4704">Available on web, Android, and iOS platforms, Resida enables users to manage various aspects of the rental journey from a single application, providing a more streamlined and reliable experience for both renters and property owners.</p>
<p>The post <a href="https://www.housingtvafrica.com/resida-end-to-end-housing-platform-nigeria/">Resida Launches End-to-End Housing Platform in Nigeria</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>Housing Minister Begins Nationwide Inspection of 15,000 Homes Under Renewed Hope Agenda</title>
		<link>https://www.housingtvafrica.com/housing-minister-begins-nationwide-inspection-of-15000-homes-under-renewed-hope-agenda/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=housing-minister-begins-nationwide-inspection-of-15000-homes-under-renewed-hope-agenda</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Wed, 03 Jun 2026 08:52:49 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[affordable housing Nigeria]]></category>
		<category><![CDATA[Bola Tinubu]]></category>
		<category><![CDATA[Federal Ministry of Housing]]></category>
		<category><![CDATA[Home Ownership]]></category>
		<category><![CDATA[HOUSING DEFICIT]]></category>
		<category><![CDATA[housing development]]></category>
		<category><![CDATA[Housing Projects]]></category>
		<category><![CDATA[Housing Units]]></category>
		<category><![CDATA[Kano Renewed Hope City]]></category>
		<category><![CDATA[Muttagha Rabe Darma]]></category>
		<category><![CDATA[Nigerian housing sector]]></category>
		<category><![CDATA[PPP Housing Summit]]></category>
		<category><![CDATA[Real estate Nigeria]]></category>
		<category><![CDATA[renewed hope housing]]></category>
		<category><![CDATA[Urban Development]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=34909</guid>

					<description><![CDATA[<p><img width="1080" height="719" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/IMG_3012.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The Minister of Housing and Urban Development, Muttagha Rabe Darma, has commenced a nationwide inspection of more than 15,000 housing units currently under construction across Nigeria as part of efforts to accelerate project delivery and expand access to affordable housing. Speaking during an inspection visit to the Kano Renewed Hope City Project, the minister said [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/housing-minister-begins-nationwide-inspection-of-15000-homes-under-renewed-hope-agenda/">Housing Minister Begins Nationwide Inspection of 15,000 Homes Under Renewed Hope Agenda</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1080" height="719" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/IMG_3012.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p>The Minister of Housing and Urban Development, Muttagha Rabe Darma, has commenced a nationwide inspection of more than 15,000 housing units currently under construction across Nigeria as part of efforts to accelerate project delivery and expand access to affordable housing.</p>
<p>Speaking during an inspection visit to the Kano Renewed Hope City Project, the minister said the exercise forms part of the Federal Government’s commitment to ensuring that housing projects under the Renewed Hope Agenda of President Bola Tinubu are completed on schedule and delivered to deserving Nigerians.</p>
<p>According to Darma, the nationwide assessment is designed to provide first-hand information on the status of projects, identify implementation challenges and facilitate timely intervention where necessary.</p>
<p><strong>Darma Begins Verification of 15,000 Housing Units Nationwide</strong></p>
<p>The minister recalled that during the Public-Private Partnership (PPP) Housing Summit 2.0 held in Abuja, he announced plans to personally inspect housing projects across the country to verify the progress of over 15,000 housing units being developed under different Federal Government housing schemes.</p>
<p>He explained that the inspections would ensure that project reports align with realities on the ground and help eliminate delays in project delivery.</p>
<p>“The essence of these inspections is to ensure that projects are progressing as planned and that Nigerians begin to enjoy the benefits of these housing initiatives as quickly as possible. We are committed to removing bottlenecks and ensuring timely completion and delivery,” Darma said.</p>
<p><strong>Kano Renewed Hope City to House Over 6,000 Residents</strong></p>
<p>The minister disclosed that the Kano Renewed Hope City Project consists of 1,500 housing units of various categories and has the capacity to accommodate more than 6,000 residents based on an average household size of four persons.</p>
<p>He noted that the project will provide affordable and decent housing while promoting the development of a secure and sustainable community.</p>
<p>Darma expressed satisfaction with the quality and pace of work at the project site and urged contractors and other stakeholders to sustain their commitment to meeting delivery timelines.</p>
<p><strong>Housing Projects Driving Economic Growth</strong></p>
<p>The minister highlighted the economic benefits of the housing programme, stating that the projects are generating employment opportunities and supporting local businesses through the engagement of artisans, contractors, suppliers, transport operators and service providers.</p>
<p>“The economic impact of this project extends far beyond the housing units being constructed. It is creating jobs, supporting local businesses, attracting investments and contributing to the socio-economic development of the host communities,” he said.</p>
<p>He also commended the collaboration between the Federal Ministry of Housing and Urban Development and private sector partners, describing the Public-Private Partnership model as a critical strategy for addressing Nigeria’s housing deficit.</p>
<p><strong>FG Reaffirms Commitment to Affordable Housing</strong></p>
<p>Darma reiterated the Federal Government’s commitment to exploring innovative financing models and strategic partnerships aimed at increasing access to affordable housing, improving urban infrastructure and promoting inclusive development.</p>
<p>The minister had earlier announced plans to verify the availability of more than 15,000 housing units expected to be delivered within the next few months under various Federal Government housing initiatives.</p>
<p>According to him, the housing projects could accommodate thousands of Nigerian families once completed and allocated.</p>
<p>“Soon, we will begin to assess the availability of these 15,000 houses. I will move from place to place and make sure that these houses are there and not just on paper. We are going to be practical as much as we can,” he stated.</p>
<p>The Kano Renewed Hope City Project is among several flagship housing developments being implemented nationwide to reduce the housing deficit, stimulate economic growth and improve the quality of life of Nigerians under the Renewed Hope Agenda.</p>
<p>The post <a href="https://www.housingtvafrica.com/housing-minister-begins-nationwide-inspection-of-15000-homes-under-renewed-hope-agenda/">Housing Minister Begins Nationwide Inspection of 15,000 Homes Under Renewed Hope Agenda</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>Tinubu Commends MREIF for Delivering N128bn Mortgages to 1,859 Families</title>
		<link>https://www.housingtvafrica.com/tinubu-commends-mreif-for-delivering-n128bn-mortgages-to-1859-families/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=tinubu-commends-mreif-for-delivering-n128bn-mortgages-to-1859-families</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Tue, 02 Jun 2026 17:07:20 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[affordable mortgages]]></category>
		<category><![CDATA[ARM Investment Managers]]></category>
		<category><![CDATA[Bayo Onanuga]]></category>
		<category><![CDATA[Bola Tinubu]]></category>
		<category><![CDATA[Family Homes Funds]]></category>
		<category><![CDATA[home ownership Nigeria]]></category>
		<category><![CDATA[HOUSING DEFICIT]]></category>
		<category><![CDATA[Housing Finance Nigeria]]></category>
		<category><![CDATA[Ministry of Finance Incorporated]]></category>
		<category><![CDATA[MOFI]]></category>
		<category><![CDATA[mortgage loans]]></category>
		<category><![CDATA[MREIF]]></category>
		<category><![CDATA[Nigerian housing sector]]></category>
		<category><![CDATA[Real estate Nigeria]]></category>
		<category><![CDATA[Renewed Hope Cities]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=34897</guid>

					<description><![CDATA[<p><img width="860" height="520" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/IMG_2984.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>President Bola Tinubu has commended the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) for delivering N128 billion in affordable mortgages to 1,859 families across 25 states of the federation. The President described the milestone as evidence that the right policy framework, strong institutions and strategic partnerships can significantly expand access to home ownership [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/tinubu-commends-mreif-for-delivering-n128bn-mortgages-to-1859-families/">Tinubu Commends MREIF for Delivering N128bn Mortgages to 1,859 Families</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="860" height="520" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/IMG_2984.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p>President Bola Tinubu has commended the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) for delivering N128 billion in affordable mortgages to 1,859 families across 25 states of the federation.</p>
<p>The President described the milestone as evidence that the right policy framework, strong institutions and strategic partnerships can significantly expand access to home ownership for millions of Nigerians.</p>
<p>In a statement issued on Tuesday by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu said the beneficiaries, spread across the six geopolitical zones, accessed long-term mortgage facilities with repayment periods of up to 20 years at a fixed interest rate of 9.75 per cent per annum and a minimum equity contribution of 10 per cent.</p>
<p>Tinubu Says Affordable Housing Finance Is Key to Wealth Creation</p>
<p>According to the President, access to affordable mortgage financing has remained a major barrier to home ownership for many Nigerians over the past several decades.</p>
<p>“For years, many Nigerians could afford monthly rent but could not access the type of financing required to purchase a home,” Tinubu stated.</p>
<p>“That reality kept countless families out of home ownership and limited their ability to build lasting assets.</p>
<p>“The progress recorded by MREIF shows that with the right policies, strong institutions and effective partnerships, we can expand access to home ownership and create opportunities for more Nigerians to build wealth through asset ownership.”</p>
<p>MREIF Unlocks N221bn in Property Value</p>
<p>Beyond the N128 billion in mortgages already disbursed, the fund has reportedly unlocked N221 billion in total property value and supported the delivery of 475 housing units through off-take guarantee arrangements.</p>
<p>The Presidency noted that the average age of mortgage beneficiaries is 42 years, highlighting strong demand for affordable housing finance among working-age Nigerians who have historically struggled to access long-term mortgage facilities.</p>
<p>Understanding the MREIF Housing Finance Initiative</p>
<p>The Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) is a N1 trillion housing finance platform established to improve access to affordable mortgages and stimulate housing development across Nigeria.</p>
<p>Its pilot phase consists of N250 billion in concessionary and commercial funding.</p>
<p>The fund is sponsored by the Ministry of Finance Incorporated (MOFI) and managed by ARM Investment Managers.</p>
<p>Its Series 2 commercial issuance has received strong investment-grade ratings, including AAA from Agusto &amp; Co. and AA from GCR Ratings, reflecting investor confidence in the initiative.</p>
<p>Part of Renewed Hope Housing Agenda</p>
<p>Tinubu explained that MREIF operates alongside other major housing interventions under his administration, including the Renewed Hope Cities and Estates Programme and Family Homes Funds Limited initiatives.</p>
<p>According to him, the programmes serve as complementary pillars of the administration’s broader strategy to reduce Nigeria’s housing deficit, expand affordable housing opportunities and increase home ownership nationwide.</p>
<p>The President reiterated his administration’s commitment to strengthening housing finance mechanisms and creating sustainable pathways for Nigerians to acquire homes through accessible mortgage schemes.</p>
<p>Industry stakeholders have continued to identify affordable mortgage financing as one of the most critical tools required to bridge Nigeria’s housing deficit and stimulate growth in the real estate sector.</p>
<p>The post <a href="https://www.housingtvafrica.com/tinubu-commends-mreif-for-delivering-n128bn-mortgages-to-1859-families/">Tinubu Commends MREIF for Delivering N128bn Mortgages to 1,859 Families</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>Africa Housing Awards: Celebrating Excellence, Innovation, and Impact in the Housing Sector</title>
		<link>https://www.housingtvafrica.com/africa-housing-awards-celebrating-excellence-innovation-and-impact-in-the-housing-sector/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=africa-housing-awards-celebrating-excellence-innovation-and-impact-in-the-housing-sector</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Sat, 15 Nov 2025 12:06:22 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Housing News]]></category>
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		<category><![CDATA[affordable housing Nigeria]]></category>
		<category><![CDATA[Africa Housing Awards]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[AHA Nigeria]]></category>
		<category><![CDATA[Built Environment Professionals]]></category>
		<category><![CDATA[Construction Industry Awards Africa]]></category>
		<category><![CDATA[Fraser Suites Abuja Events]]></category>
		<category><![CDATA[HDAN]]></category>
		<category><![CDATA[Housing Development Advocacy network]]></category>
		<category><![CDATA[Housing Development Programme]]></category>
		<category><![CDATA[Housing Excellence Awards]]></category>
		<category><![CDATA[Housing Industry Recognition]]></category>
		<category><![CDATA[Housing Innovation Africa]]></category>
		<category><![CDATA[Housing Sector Awards]]></category>
		<category><![CDATA[Housing Stakeholders Nigeria]]></category>
		<category><![CDATA[Housing TV Africa]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
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		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=28166</guid>

					<description><![CDATA[<p><img width="1548" height="1600" src="https://www.housingtvafrica.com/wp-content/uploads/2025/11/IMG-20251115-WA0020.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Africa Housing Awards" decoding="async" loading="lazy" /></p>
<p>… Annual event honours top contributors to housing and construction across Africa The Africa Housing Awards (AHA) has continued to cement its reputation as the most prestigious recognition platform within Nigeria’s housing and construction industry. Organized annually by the Housing Development Advocacy Network (HDAN), a pioneer non-governmental organization promoting housing development and advocacy, the awards [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/africa-housing-awards-celebrating-excellence-innovation-and-impact-in-the-housing-sector/">Africa Housing Awards: Celebrating Excellence, Innovation, and Impact in the Housing Sector</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1548" height="1600" src="https://www.housingtvafrica.com/wp-content/uploads/2025/11/IMG-20251115-WA0020.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Africa Housing Awards" decoding="async" loading="lazy" /></p><h2>… Annual event honours top contributors to housing and construction across Africa</h2>
<p><a href="https://www.housingtvafrica.com/aha-2024-professors-agbola-olusanya-and-arc-jumoke-akinwunmi-to-be-inducted-into-affordable-housing-hall-of-fame/">The Africa Housing Awards (AHA)</a> has continued to cement its reputation as the most prestigious recognition platform within Nigeria’s housing and construction industry.</p>
<p>Organized annually by the Housing Development Advocacy Network (HDAN), a pioneer non-governmental organization promoting housing development and advocacy, the awards celebrate individuals and institutions that have made outstanding contributions to the growth and transformation of the housing sector.</p>
<p>Held at the end of every year, the Africa <a href="https://www.housingtvafrica.com/">Housing</a> Awards serves as a platform to reward, recognize, and honour stakeholders who have demonstrated excellence, innovation, and commitment to advancing the cause of affordable housing in Nigeria and across Africa. The event enjoys strong media support from housing-friendly platforms, including Housing TV Africa, Housing Development Programme on AIT and Africa Housing News, among others.</p>
<p>According to the organizers, each edition of the awards is anchored on transparency, merit, and professionalism. The panel of adjudicators, which includes representatives of major professional bodies in the built environment, ensures that winners emerge solely based on merit and measurable impact.</p>
<p>Since its inception, the AHA has become a source of pride for industry stakeholders from developers and investors to public officials and advocacy groups. The event, now in its seventh edition, has recognized several notable figures such as the current Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, former Senate President Bukola Saraki, former Minister of Works and Housing Babatunde Fashola, former Governor Abdullahi Ganduje of Kano State and former Governor Mohammed Abubakar of Bauchi State, among many others, for their exceptional contributions to housing development in Nigeria.</p>
<p>The awards not only celebrate achievements but also serve as a rallying point for dialogue, networking, and collaboration among key players in the housing and construction industry. Each ceremony provides an opportunity for stakeholders to exchange ideas and forge partnerships toward advancing affordable and sustainable housing solutions.</p>
<p>What makes the Africa Housing Awards particularly distinctive is its public voting system. Nominees are thoroughly screened and selected based on site visits, verified projects, and measurable performance before being presented for public voting ensuring that every award is earned, not influenced.</p>
<p>At its core, the Africa Housing Awards embodies the mission of HDAN: to promote a culture of excellence, ethical practices, and innovation in the housing and construction sector. Beyond recognition, the initiative has evolved into a movement that fosters healthy competition, encourages affordable housing delivery, and inspires new ideas to address the challenges facing Nigeria’s housing landscape.</p>
<p>As anticipation builds for the seventh edition is scheduled for the 10th of December, 2025 at the prestigious Fraser Suites Abuja in Nigeria, the Africa Housing Awards continues to stand as a symbol of credibility and progress, uniting visionaries, policymakers, and professionals who share a common goal making housing accessible, sustainable, and inclusive for all.</p>
<p>The post <a href="https://www.housingtvafrica.com/africa-housing-awards-celebrating-excellence-innovation-and-impact-in-the-housing-sector/">Africa Housing Awards: Celebrating Excellence, Innovation, and Impact in the Housing Sector</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>FHA to Commence Construction of 200 Housing Units in Ekiti, Lauds Governor Oyebanji’s Developmental Drive</title>
		<link>https://www.housingtvafrica.com/fha-to-commence-construction-of-200-housing-units-in-ekiti-lauds-governor-oyebanjis-developmental-drive/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=fha-to-commence-construction-of-200-housing-units-in-ekiti-lauds-governor-oyebanjis-developmental-drive</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Tue, 14 Oct 2025 12:16:24 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[affordable housing Nigeria]]></category>
		<category><![CDATA[Ekiti housing development]]></category>
		<category><![CDATA[Ekiti infrastructure]]></category>
		<category><![CDATA[Ekiti State Government]]></category>
		<category><![CDATA[Federal Housing Authority]]></category>
		<category><![CDATA[FHA Housing Project in Ekiti]]></category>
		<category><![CDATA[Governor Oyebanji]]></category>
		<category><![CDATA[housing projects 2025]]></category>
		<category><![CDATA[Nigerian housing sector]]></category>
		<category><![CDATA[President Bola Tinubu]]></category>
		<category><![CDATA[Real estate Nigeria]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=26701</guid>

					<description><![CDATA[<p><img width="1176" height="640" src="https://www.housingtvafrica.com/wp-content/uploads/2024/05/Federal-Housing-Authority-FHA.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The Federal Housing Authority (FHA) is set to break ground on a 200-unit residential housing project in Ekiti State as part of efforts to address the state’s housing deficit. The project, which will consist of two-bedroom bungalows, is scheduled to begin in November or December, following the end of the rainy season. Speaking to journalists [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/fha-to-commence-construction-of-200-housing-units-in-ekiti-lauds-governor-oyebanjis-developmental-drive/">FHA to Commence Construction of 200 Housing Units in Ekiti, Lauds Governor Oyebanji’s Developmental Drive</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1176" height="640" src="https://www.housingtvafrica.com/wp-content/uploads/2024/05/Federal-Housing-Authority-FHA.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-start="340" data-end="658"><strong>The Federal Housing Authority (FHA) is set to break ground on a 200-unit residential housing project in Ekiti State as part of efforts to address the state’s housing deficit. The project, which will consist of two-bedroom bungalows, is scheduled to begin in November or December, following the end of the rainy season.</strong></p>
<p data-start="660" data-end="1083">Speaking to journalists in Ado Ekiti on Tuesday, the Managing Director and Chief Executive Officer of the FHA, Hon. Oyetunde Ojo, disclosed that construction would begin with an initial phase of 100 units. He commended Governor Biodun Oyebanji for facilitating the project through the allocation of 20 hectares of land along the Ekiti State University Road, as well as the issuance of a Certificate of Occupancy at no cost.</p>
<p data-start="1085" data-end="1296">“The governor, in his magnanimity, gave us 20 hectares of land and ensured all documentation was in place,” Ojo said. “We have completed the groundwork, and the project will officially take off after the rains.”</p>
<p data-start="1298" data-end="1645">A former member of the House of Representatives, Ojo lauded Governor Oyebanji’s inclusive governance style and his ability to attract federal support to the state. According to him, the increased number of federal appointments and developmental projects directed toward Ekiti is a direct result of the synergy between the state and the presidency.</p>
<p data-start="1647" data-end="1900">“No previous administration has secured as many federal appointments and infrastructure projects for Ekiti State as this one,” Ojo remarked. “It underscores both President Bola Tinubu’s regard for the state and Governor Oyebanji’s effective leadership.”</p>
<p data-start="1902" data-end="2260">He noted that Oyebanji’s inclusive leadership had expanded the political base of the All Progressives Congress (APC) in Ekiti, leading to significant political realignments. Among these is the recent defection of former Senator Biodun Olujimi from the opposition to the ruling party—a development Ojo attributed to the governor’s performance and credibility.</p>
<p data-start="2262" data-end="2532">“Oyebanji isn’t governing only for APC members—he is governing for the entire state,” Ojo stated. “He understands the unique challenges of our people because he was part of the struggle that led to the creation of Ekiti. That history informs his approach to leadership.”</p>
<p data-start="2534" data-end="2773">In a pointed critique of former Governor Kayode Fayemi’s reported disapproval of Oyebanji’s outreach to political rivals, particularly ex-Governor Ayodele Fayose, Ojo defended the governor’s approach as politically pragmatic and inclusive.</p>
<p data-start="2775" data-end="3072">“Politics is about numbers. If people are willing to join and support development, they shouldn’t be turned away,” he said. “Even those who criticize such alliances once relied on similar political support. In 2007 and 2009, some of those now complaining benefited from cross-party collaboration.”</p>
<p data-start="3074" data-end="3215">Using a Yoruba metaphor, Ojo added: “Even ‘iru’ and ‘ogiri’ fermented condiments make the soup taste better. That’s the beauty of inclusion.”</p>
<p data-start="3217" data-end="3412">Meanwhile, the Ekiti State Government has approved over ₦12 billion in funding for key infrastructure and development projects, including road construction, housing, and agricultural initiatives.</p>
<p data-start="3414" data-end="3704">The Special Adviser to the Governor on Information, Taiwo Olatunbosun, confirmed the approvals following the latest State Executive Council meeting in Ado Ekiti. Among the major projects is the rehabilitation of the Ikogosi–Ipole–Efon Alaaye Road, awarded at a contract sum of ₦7.3 billion.</p>
<p data-start="3706" data-end="3978">According to Olatunbosun, the road project will improve transportation access, stimulate local economies, and enhance public safety. The rehabilitation works will include drainage construction, earthworks, asphalt laying, and are expected to be completed within 24 months.</p>
<p data-start="3980" data-end="4149">With the dual momentum of federal collaboration and state-level investment, Ekiti State is positioning itself as a hub of infrastructure growth and inclusive governance.</p>
<p>Source: Punch</p>
<p>The post <a href="https://www.housingtvafrica.com/fha-to-commence-construction-of-200-housing-units-in-ekiti-lauds-governor-oyebanjis-developmental-drive/">FHA to Commence Construction of 200 Housing Units in Ekiti, Lauds Governor Oyebanji’s Developmental Drive</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>AG Mortgage Bank Celebrates 20 Years of Excellence, Unveils New Housing Finance Products</title>
		<link>https://www.housingtvafrica.com/ag-mortgage-bank-celebrates-20-years-of-excellence-unveils-new-housing-finance-products/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ag-mortgage-bank-celebrates-20-years-of-excellence-unveils-new-housing-finance-products</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Sat, 27 Sep 2025 10:58:30 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
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		<category><![CDATA[Abuja event]]></category>
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		<category><![CDATA[AG Mortgage Bank]]></category>
		<category><![CDATA[AG Mortgage bank 20th Anniversary]]></category>
		<category><![CDATA[financial innovation]]></category>
		<category><![CDATA[homeownership Nigeria]]></category>
		<category><![CDATA[Housing Finance]]></category>
		<category><![CDATA[Mortgage banking]]></category>
		<category><![CDATA[mortgage products]]></category>
		<category><![CDATA[Nigerian housing sector]]></category>
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		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=26243</guid>

					<description><![CDATA[<p><img width="1080" height="570" src="https://www.housingtvafrica.com/wp-content/uploads/2025/01/C6FB6EA6-76A3-48EB-8B4E-3A383E5DFBDD-1080x570-1.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="AG Mortgage Bank PLC—Transforming Homeownership in Nigeria for 20 Years" decoding="async" loading="lazy" /></p>
<p>AG Mortgage Bank Plc, one of Nigeria’s foremost primary mortgage institutions, has celebrated its 20th anniversary in grand style with a colourful gala celebration held at the Continental Hotel, Abuja. The event brought together industry leaders, pioneers, customers, shareholders, regulators, and other key stakeholders to reflect on two decades of achievements and unveil new products [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/ag-mortgage-bank-celebrates-20-years-of-excellence-unveils-new-housing-finance-products/">AG Mortgage Bank Celebrates 20 Years of Excellence, Unveils New Housing Finance Products</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1080" height="570" src="https://www.housingtvafrica.com/wp-content/uploads/2025/01/C6FB6EA6-76A3-48EB-8B4E-3A383E5DFBDD-1080x570-1.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="AG Mortgage Bank PLC—Transforming Homeownership in Nigeria for 20 Years" decoding="async" loading="lazy" /></p><p><strong>AG Mortgage Bank Plc, one of Nigeria’s foremost primary mortgage institutions, has celebrated its 20th anniversary in grand style with a colourful gala celebration held at the Continental Hotel, Abuja.</strong></p>
<p>The event brought together industry leaders, pioneers, customers, shareholders, regulators, and other key stakeholders to reflect on two decades of achievements and unveil new products aimed at expanding access to homeownership in Nigeria.</p>
<p>The anniversary programme featured thanksgiving, keynote addresses, goodwill messages, award presentations, and a cultural performance that highlighted Nigeria’s diversity. A major highlight of the evening was the unveiling of the Bank’s latest housing finance products, including Treasury Products, Loan Products, and Sustainability Products tailored to meet the evolving housing needs of Nigerians and ensure long-term sector growth.</p>
<p>Delivering the opening remarks, Chairman of AG Mortgage Bank, Rev. Dr. Abel Amadi, who was represented by Mr. Felix Nwabuko, expressed gratitude to customers, shareholders, and staff for their unwavering support over the years. He noted that the journey of the Bank, which began two decades ago, has been sustained by the trust of stakeholders who believed in its mission of deepening access to affordable housing.</p>
<p>In his remarks, the Managing Director/CEO, Mr. Ngozi Anyogu, described the 20-year journey as a story of resilience, innovation, and shared success. He thanked the pioneers and early investors who took the risk of venturing into a relatively unknown sector and emphasized that their commitment has contributed to the bank’s steady rise as a leader in the mortgage industry.</p>
<p>Mr. Anyogu also highlighted milestones achieved by the Bank, including the financing of thousands of housing units, strategic partnerships with developers across Nigeria’s major cities, and contributions to policy reforms that have shaped the country’s mortgage sector. He further revealed that while AG Mortgage Bank began operations alongside over 200 other institutions, only 30 have survived the Nigerian capital market, with AG Mortgage standing tall as one of the seven with national accreditation.</p>
<p>The anniversary celebration also served as a moment of recognition for those who have played pivotal roles in the Bank’s journey. Long-serving directors, staff, and loyal customers were honoured for their contributions, while the late Pioneer Director, Barr. Danjuma Suleman, was posthumously recognized for his visionary leadership and role in the Bank’s development. His award was received by his family in an emotional moment that drew loud applause from the audience.</p>
<p>Speaking at the event, a Director of the Bank, Rev. Dr. Ugochukwu Chime, praised AG Mortgage Bank’s role in bridging Nigeria’s housing deficit and called for stronger collaboration between mortgage banks, regulators, and government agencies to build a more enabling environment for affordable housing.</p>
<p>Pioneer Director, Amb. Dr. Anthony Ewelike, reaffirmed the Bank’s mission of delivering broad-based mortgage packages to meet the needs of diverse categories of Nigerians.</p>
<p>In the same vein, Executive Director, Dr. Simon Ojonimi, emphasized the Bank’s focus on problem-solving through product innovation and digital transformation, pledging to further strengthen its platforms and expand its range of offerings to meet future demands.</p>
<p>Guests were entertained with a vibrant cultural display that celebrated Nigeria’s rich heritage and underscored the Bank’s commitment to inclusivity and national unity. The evening culminated in the cutting of the anniversary cake, a symbolic act that captured the spirit of celebration and resilience that has defined AG Mortgage Bank’s journey over the past two decades.</p>
<p>As AG Mortgage Bank looks to the future, it has renewed its pledge to remain a catalyst for expanding affordable housing and homeownership opportunities across Nigeria, leveraging innovation, partnerships, and sustainability to drive greater impact in the years ahead.</p>
<p>The post <a href="https://www.housingtvafrica.com/ag-mortgage-bank-celebrates-20-years-of-excellence-unveils-new-housing-finance-products/">AG Mortgage Bank Celebrates 20 Years of Excellence, Unveils New Housing Finance Products</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>Minister Advocates Youth Empowerment to Bridge Nigeria’s Housing Gap</title>
		<link>https://www.housingtvafrica.com/minister-advocates-youth-empowerment-to-bridge-nigerias-housing-gap/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=minister-advocates-youth-empowerment-to-bridge-nigerias-housing-gap</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Sat, 27 Sep 2025 10:48:00 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Abdullahi Yusuf Atah]]></category>
		<category><![CDATA[affordable housing Nigeria]]></category>
		<category><![CDATA[federal mortgage bank of nigeria]]></category>
		<category><![CDATA[homeownership Nigeria]]></category>
		<category><![CDATA[HOUSING DEFICIT]]></category>
		<category><![CDATA[housing development]]></category>
		<category><![CDATA[National Housing Fund]]></category>
		<category><![CDATA[Nigerian government housing]]></category>
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		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=26240</guid>

					<description><![CDATA[<p><img width="593" height="540" src="https://www.housingtvafrica.com/wp-content/uploads/2025/09/IMG-20250203-WA0223-e1742490533880-593x540-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>In a decisive push to tackle Nigeria’s persistent housing deficit, particularly among young citizens, the Minister of State for Housing and Urban Development, Abdullahi Yusuf Atah, has underscored the critical role of youth empowerment within the nation’s housing sector. Speaking in a statement released by his aide, Seyi Olorunsola, Atah emphasized that deepening youth participation [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/minister-advocates-youth-empowerment-to-bridge-nigerias-housing-gap/">Minister Advocates Youth Empowerment to Bridge Nigeria’s Housing Gap</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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										<content:encoded><![CDATA[<p><img width="593" height="540" src="https://www.housingtvafrica.com/wp-content/uploads/2025/09/IMG-20250203-WA0223-e1742490533880-593x540-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-start="157" data-end="648"><strong>In a decisive push to tackle Nigeria’s persistent housing deficit, particularly among young citizens, the Minister of State for Housing and Urban Development, Abdullahi Yusuf Atah, has underscored the critical role of youth empowerment within the nation’s housing sector. Speaking in a statement released by his aide, Seyi Olorunsola, Atah emphasized that deepening youth participation in homeownership is not only vital for social stability but also for fostering inclusive economic growth.</strong></p>
<p data-start="650" data-end="1108">Atah highlighted the government’s renewed commitment through the <strong>Renewed Hope Housing Programme</strong>, a flagship initiative under President Bola Ahmed Tinubu’s administration aimed at delivering 50,000 affordable housing units nationwide in its initial phase. This ambitious programme integrates the development of <strong data-start="964" data-end="987">Renewed Hope Cities</strong> and <strong data-start="992" data-end="1016">Renewed Hope Estates</strong> with robust public-private partnerships to expand affordable housing access across Nigeria.</p>
<p data-start="1110" data-end="1548">“The Renewed Hope Programme represents a bold stride towards addressing the housing shortfall,” Atah stated. “It also serves as a catalyst for youth inclusion by providing multiple flexible pathways to homeownership.” These pathways include single-digit interest mortgage loans via the National Housing Fund (NHF), rent-to-own schemes facilitated by the Federal Mortgage Bank of Nigeria (FMBN), and accessible installment payment options.</p>
<p data-start="1550" data-end="1891">The Minister recalled that in February 2024, President Tinubu inaugurated a 3,112-unit Renewed Hope City in Karsana, Abuja, marking a milestone in the government’s housing agenda. Furthermore, the Ministry recently broke ground on 2,000 new units across eight states spanning the southeast, south-south, southwest, and north-central regions.</p>
<p data-start="1893" data-end="2109">To streamline access, the Ministry has launched an online portal designed to simplify registration, property selection, and eligibility verification, eliminating bureaucratic hurdles that often delay housing delivery.</p>
<p data-start="2111" data-end="2501">The Federal Housing Authority (FHA) has also advanced the programme by opening bids for projects across 17 states, with 1,250 housing units currently under construction in four states. These projects are projected to generate approximately 31,250 direct and indirect jobs across construction, supply chains, and related industries, reinforcing the initiative’s role as an economic stimulus.</p>
<p data-start="2503" data-end="2818">Atah acknowledged the critical link between housing and social outcomes: “Homeownership transcends the mere acquisition of property, it anchors dignity, responsibility, and social stability. By empowering youth to become homeowners, we can mitigate the societal challenges linked to idleness and disenfranchisement.”</p>
<p data-start="2820" data-end="3169">Despite these strides, the Minister conceded that more must be done to ensure marginalized groups, especially the youth, are fully integrated into housing solutions. To this end, he advocates for dedicated quotas and preferential financing terms such as reduced down payments and extended repayment periods—tailored specifically for young Nigerians.</p>
<p data-start="3171" data-end="3507">“The Renewed Hope Programme has set Nigeria on a promising path. However, its success hinges on embedding the aspirations and participation of youth at its core. I pledge that under my stewardship, young Nigerians will no longer be mere bystanders, but active beneficiaries and custodians of our nation’s housing future,” Atah affirmed.</p>
<p data-start="3509" data-end="3745">As Nigeria grapples with rapid urbanization and a burgeoning youth population, such targeted interventions could prove pivotal in closing the housing gap while empowering the next generation to build a more stable and prosperous future.</p>
<p>The post <a href="https://www.housingtvafrica.com/minister-advocates-youth-empowerment-to-bridge-nigerias-housing-gap/">Minister Advocates Youth Empowerment to Bridge Nigeria’s Housing Gap</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>Sokoto’s Bold Housing Drive: Over 5,000 Units Targeted by 2027</title>
		<link>https://www.housingtvafrica.com/sokoto-housing-development/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=sokoto-housing-development</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Fri, 11 Jul 2025 06:28:46 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[5000 housing units]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[Governor Ahmed Aliyu]]></category>
		<category><![CDATA[housing projects in Nigeria]]></category>
		<category><![CDATA[Infrastructure Development]]></category>
		<category><![CDATA[Nigerian housing sector]]></category>
		<category><![CDATA[Nigerian politics]]></category>
		<category><![CDATA[Northern Nigeria development]]></category>
		<category><![CDATA[Real estate Nigeria]]></category>
		<category><![CDATA[Social housing]]></category>
		<category><![CDATA[Sokoto government projects]]></category>
		<category><![CDATA[Sokoto housing development]]></category>
		<category><![CDATA[Sokoto infrastructure]]></category>
		<category><![CDATA[Sokoto state]]></category>
		<category><![CDATA[urban planning Nigeria]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=23957</guid>

					<description><![CDATA[<p><img width="750" height="375" src="https://www.housingtvafrica.com/wp-content/uploads/2023/12/Sokoto-map-750x375-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Sokoto State plans to deliver over 5,000 housing units by 2027. This goal is part of a larger push by Governor Ahmed Aliyu Sokoto to transform the state within a short time. According to the Commissioner for Information and Orientation, Sambo Danchadi, the governor has exceeded expectations in just two years. Many doubted his capacity [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/sokoto-housing-development/">Sokoto’s Bold Housing Drive: Over 5,000 Units Targeted by 2027</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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										<content:encoded><![CDATA[<p data-start="347" data-end="520"><strong>Sokoto State plans to deliver over 5,000 housing units by 2027. This goal is part of a larger push by Governor Ahmed Aliyu Sokoto to transform the state within a short time.</strong></p>
<p data-start="522" data-end="854">According to the Commissioner for Information and Orientation, Sambo Danchadi, the governor has exceeded expectations in just two years. Many doubted his capacity at first. But his track record in public service rising from local government to commissioner and then deputy governor has shaped a strong and hands-on leadership style.</p>
<p data-start="856" data-end="1184">In his first 100 days in office, Governor Aliyu completed over 100 projects. This early achievement helped build public confidence. His efforts have been praised across the state. The Sultan of Sokoto even called him “first among governors.” Former Governor Attahiru Bafarawa compared his leadership to that of Sir Ahmadu Bello.</p>
<p data-start="1186" data-end="1408">One of the governor’s strongest traits is his accessibility. He rarely leaves the state and often attends weddings, funerals, and community events. These visits are not for show but reflect a true connection to the people.</p>
<p data-start="1410" data-end="1647">Infrastructure has seen major improvement. More than 120 roads have been built within Sokoto city. Another 40 rural roads are under construction. In Silame Local Government Area, a new road was recently opened by the Kogi State Governor.</p>
<p data-start="1410" data-end="1647"><a href="http://www.africahousingshow.com"><img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-21824" src="https://www.housingtvafrica.com/wp-content/uploads/2025/05/1746455927023-300x300-1.jpg" alt="AIHS" width="300" height="300" srcset="https://www.housingtvafrica.com/wp-content/uploads/2025/05/1746455927023-300x300-1.jpg 300w, https://www.housingtvafrica.com/wp-content/uploads/2025/05/1746455927023-300x300-1-150x150.jpg 150w" sizes="auto, (max-width: 300px) 100vw, 300px" /></a></p>
<p data-start="1649" data-end="1929">To ease the impact of fuel subsidy removal, the state distributed food worth billions of naira across all 244 wards. Farmers also received free fertilizer, herbicides, and pesticides in all 23 local government areas. These steps aim to support food security and rural livelihoods.</p>
<p data-start="1931" data-end="2252">Education is another top priority. For the first time in Sokoto’s history, 25% of the state budget is going to the education sector. The government is building new classrooms and rebuilding several senior secondary schools. Efforts are also underway to accredit previously unapproved courses in colleges and polytechnics.</p>
<p data-start="2254" data-end="2757">Security is high on the governor’s agenda. His administration paid off old debts owed to security personnel and doubled their allowances. It also bought 140 vehicles, including military-grade “Buffalo” trucks. A Community Guard Corps has been created, with 200 trained youths working alongside the military. A new military base is under construction in Illela, near the Niger Republic border. The state has also provided a base for the Nigerian Air Force at the Sokoto airport to support rapid response.</p>
<p data-start="2759" data-end="2951">On housing, the governor has made major progress. The last government sold off all state-owned houses, creating a huge shortage. Since then, several projects have been launched. These include:</p>
<ul data-start="2953" data-end="3203">
<li data-start="2953" data-end="3019">
<p data-start="2955" data-end="3019">500 new units started with support from the federal government</p>
</li>
<li data-start="3020" data-end="3104">
<p data-start="3022" data-end="3104">Another 500 units, left unfinished by a past administration, now near completion</p>
</li>
<li data-start="3105" data-end="3154">
<p data-start="3107" data-end="3154">136 federal houses, fully bought by the state</p>
</li>
<li data-start="3155" data-end="3203">
<p data-start="3157" data-end="3203">A new 500-unit project launched in Sokoto City</p>
</li>
</ul>
<p data-start="3205" data-end="3396">This brings the current total to over 1,600 housing units. But that’s only the beginning. The Commissioner for Lands and Housing says the government is on track to exceed 5,000 units by 2027.</p>
<p data-start="3398" data-end="3538">Danchadi assured the public that these homes are meant for civil servants and everyday citizens not political elites or wealthy individuals.</p>
<p data-start="3540" data-end="3754">Sokoto’s capital city now looks dramatically different at night. Solar-powered streetlights brighten the roads and markets, improving safety and extending business hours. Many small shops now stay open past 10 p.m.</p>
<p data-start="3756" data-end="4007">In just two years, Governor Aliyu’s leadership has brought real change to Sokoto. From roads and housing to education and security, the results are visible. If this pace continues, the state may soon become a model for development in northern Nigeria.</p>
<p>The post <a href="https://www.housingtvafrica.com/sokoto-housing-development/">Sokoto’s Bold Housing Drive: Over 5,000 Units Targeted by 2027</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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