Sunday, May 10, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Economy

FG Pushes New Housing Investment Drive to Tackle Nigeria’s Housing Deficit

byAdedipe Temilolaoluwa
May 10, 2026
in Economy, News
0
2
VIEWS
Share on FacebookShare on Twitter

The Federal Government has again promised to create a better environment for housing investment in Nigeria as part of efforts to increase the supply of affordable homes and encourage more private sector participation in the housing sector.

This was made known by the Minister of Housing and Urban Development, Bola Ahmed Tinubu’s administration official Muttaqha Rabe Darma, ahead of the second edition of the Renewed Hope Housing Public-Private Partnership (PPP) Summit scheduled to hold on May 12, 2026, in Abuja.

Darma spoke during a meeting with the Chief Executive Officer of Shelter Advisory Services, Dr. Olayemi Rotimi Shodinmu, who visited the ministry to discuss preparations for the upcoming housing summit.

According to the minister, the Federal Ministry of Housing and Urban Development is working closely with Shelter Advisory Services to attract investments and develop ideas that can improve Nigeria’s housing sector through stronger Public-Private Partnerships.

He explained that the government sees housing as more than just building homes for citizens. According to him, the sector also plays a major role in economic growth by creating jobs, attracting investors and improving productivity across different industries.

Darma stated that the current administration is focused on using PPP arrangements to unlock more funding for housing projects and increase access to affordable homes for Nigerians. He added that the government wants to create policies that will encourage investors and developers to participate actively in solving the country’s housing challenges.

Speaking on the summit, the minister said the event would bring together government officials, investors, housing experts and developers to discuss practical ways to improve housing delivery in Nigeria.

On his part, Dr. Shodinmu explained that the summit is designed to move beyond ordinary discussions and focus more on practical solutions that can produce visible results in the housing sector.

He said the goal is to convert government housing policies into real projects that can attract long-term financing and provide affordable housing for many Nigerians.

According to him, Public-Private Partnerships remain one of the best ways to address Nigeria’s housing deficit because they combine government support, land and infrastructure with private sector funding and technical expertise.

Shodinmu also revealed that a technical workshop would be organised a day after the summit for heads of housing agencies and real estate developers. The workshop will focus on improving knowledge about housing finance, PPP arrangements and joint venture models that can speed up housing development nationwide.

He added that the training session would help participants understand how to structure sustainable housing projects capable of attracting investors and delivering affordable homes on a larger scale.

The summit is also expected to feature a keynote address by Elena Panaritis, an international expert known for her work on property rights reform, informal economies and housing development driven by Public-Private Partnerships.

Industry stakeholders believe the summit could help strengthen collaboration between the government and private investors while opening new opportunities for growth in Nigeria’s real estate sector.

Tags: Abuja summitaffordable homesBola TinubuHousing Financehousing investmentNigeria housingPPP summitreal estate developmentRenewed Hope Agenda
Adedipe Temilolaoluwa

Adedipe Temilolaoluwa

Next Post
NAHCO Proposes 1-for-7 Bonus Issue Ahead of May 2026 AGM

NAHCO Proposes 1-for-7 Bonus Issue Ahead of May 2026 AGM

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

UNICEF Expands Childhood Malaria Protection Across Bauchi State

2 months ago
Central Bank Launches “Naira Our Pride” Campaign Ahead of Yuletide

Central Bank Launches “Naira Our Pride” Campaign Ahead of Yuletide

8 months ago

Popular News

  • Tetracore Energy Secures First Nasarawa Power Licences for Gas-to-Power Push

    Tetracore Energy Secures First Nasarawa Power Licences for Gas-to-Power Push

    0 shares
    Share 0 Tweet 0
  • NAHCO Proposes 1-for-7 Bonus Issue Ahead of May 2026 AGM

    0 shares
    Share 0 Tweet 0
  • FG Pushes New Housing Investment Drive to Tackle Nigeria’s Housing Deficit

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Power Grid Struggles as GenCos Operate Below Capacity in April

    0 shares
    Share 0 Tweet 0
  • US Crude Oil Imports From Nigeria Drop by Over 15% in Early 2026

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .