President Bola Ahmed Tinubu says the Federal Government is executing infrastructure projects on an unprecedented scale, with more than 2,700 kilometres of highways and major roads currently under construction, reconstruction or rehabilitation across Nigeria.

Speaking during a nationwide address marking the third anniversary of his administration, the President said the investments are aimed at improving connectivity, boosting economic activity, creating jobs and enhancing living standards.

2,700km of Roads Under Construction Nationwide

Tinubu said major road projects are ongoing across the country, including:

• Lagos-Calabar Coastal Highway
• Sokoto-Badagry Super Highway
• Abuja-Kaduna-Zaria-Kano corridor
• East-West Road

He noted that several sections of these projects are already completed or nearing completion, with the goal of improving regional trade and strengthening national logistics networks.

The administration says the road programme is part of a broader effort to modernise transport infrastructure and address long-standing connectivity challenges affecting economic growth.

Renewed Hope Housing Programme Delivers Over 10,000 Units

In the housing sector, Tinubu said the Renewed Hope Housing Programme and the Federal Housing Authority (FHA) are delivering more than 10,000 housing units across 14 states and the Federal Capital Territory.

Major Renewed Hope Cities in Abuja, Lagos and Kano are also progressing steadily.

According to the President, the housing programme has generated over 300,000 jobs, largely through construction-related activities, materials supply and associated services.

Energy Sector Investments Expand Refining and Gas Capacity

Tinubu disclosed that the $5 billion Nigeria LNG Train 7 project is nearing completion, with expectations of boosting gas production and export capacity.

He also said ongoing investments in modular and large-scale refineries are reducing Nigeria’s dependence on imported petroleum products and easing pressure on foreign exchange.

On electricity, the President said reforms are being implemented to address legacy debts, expand transmission infrastructure and support renewable energy development.

Rail Modernisation to Boost Connectivity

The administration also confirmed continued rail modernisation projects aimed at improving national logistics and transport efficiency.

Tinubu said improved rail systems will reduce transportation costs, strengthen economic integration and enhance movement of goods and passengers across the country.

Infrastructure Linked to Economic Reforms

The President linked the infrastructure drive to broader economic reforms introduced since 2023, including fuel subsidy removal and foreign exchange unification.

He acknowledged the inflationary impact of the reforms but maintained that they have strengthened public finances, improved investor confidence and created a more stable economic foundation.

Impact on Housing and Urban Development

Experts say the infrastructure push could significantly reshape Nigeria’s housing and real estate sector by opening new growth corridors and increasing demand for residential developments.

Improved roads, rail systems and energy access are expected to drive urban expansion, raise land values and stimulate private sector investment in housing.

President Tinubu’s announcement underscores a large-scale infrastructure agenda spanning roads, housing, rail and energy. With over 2,700 kilometres of road projects underway and major housing and energy investments in progress, the administration says it is laying the foundation for long-term economic transformation.

As implementation continues, attention will remain on delivery timelines, financing sustainability and the real impact on households, businesses and national development outcomes.

The post Tinubu Says Nigeria Building 2,700km of Roads as Housing, Rail and Energy Projects Expand Nationwide appeared first on Housing TV Africa.

The Federal Government has unveiled new plans to address Nigeria’s housing deficit through cooperative societies, digital finance systems, and expanded public-private partnerships under the Renewed Hope Cooperative Reform and Revamp Programme.

The Minister of State for Agriculture and Food Security and Supervising Minister for Cooperative Affairs, Aliyu Abdullahi, disclosed this in a statement issued on Thursday.

He said the programme is designed to reposition cooperative societies as key drivers of affordable housing delivery, financial inclusion, and community development.

According to him, cooperatives remain a critical tool for economic empowerment and shared prosperity, particularly in the housing sector.

“Cooperatives remain one of the most powerful vehicles for economic inclusion, community mobilisation, self-help development, social solidarity, and shared prosperity,” he said.

He explained that cooperative housing systems allow citizens to pool resources, reduce costs, and access financing collectively, thereby improving access to home ownership.

Abdullahi added that cooperative housing has proven effective globally in reducing homelessness, strengthening communities, and improving social welfare outcomes.

He noted that the Federal Government is also planning to establish a Cooperative Bank of Nigeria to support housing finance, infrastructure development, and community-based projects.

The proposed bank, he said, will operate under a cooperative ownership structure and focus on underserved groups, especially informal sector workers.

He stressed that digital transformation would be central to the success of the initiative.

“Africa’s cooperative housing ecosystem cannot operate effectively in the modern era without robust digital infrastructure,” he said.

According to him, the government will digitise cooperative operations nationwide to improve transparency, financial management, credit access, and investor confidence.

He added that digital finance platforms would simplify mortgage repayments, project monitoring, and member verification systems.

The initiative, he said, will prioritise women, youth, persons with disabilities, rural communities, farmers, informal workers, and low-income earners.

The Minister of Housing and Urban Development, Muttaqha Darma, also described cooperative housing as one of the most practical solutions to Africa’s housing challenges.

He said technology-driven finance systems would help improve mortgage administration and expand housing access across both formal and informal sectors.

Speaking through the statement, the Founder of Nigeria Integrated Social Housing Cooperative Ltd., Saheed Adelakun, criticised the traditional Public-Private Partnership model and called for a Public-Private-People Partnership approach.

He said direct involvement of intended homeowners is key to achieving affordability in housing delivery.

“We need houses that low and middle-income earners can truly afford. Government, developers, cooperatives, and homebuyers must work together,” he said.

The President of the Cooperative Federation of Nigeria, Hannatu Mershak, revealed that the federation currently oversees more than 50,000 cooperatives with over 30 million members nationwide.

She called for stronger collaboration between government, financial institutions, and private investors to address Nigeria’s growing housing shortage.

The post FG Unveils Cooperative Housing Plan, Digital Finance Strategy for Affordable Homes appeared first on Housing TV Africa.