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President Tinubu approves $500,000 to settle Nigeria’s UN-Habitat 2022–2023 obligations 

Caleb Obiowo by Caleb Obiowo
December 5, 2024
in Business News
FG Promissory Notes rise to N1.65 trillion, up 114% in one year under Tinubu 
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President Bola Ahmed Tinubu has approved a $500,000 contribution to cover Nigeria’s outstanding obligations to the United Nations Human Settlements Programme (UN-Habitat) for the 2022–2023 period.

The Minister of Housing and Urban Development, Arc. Musa Dangiwa, announced this on Wednesday during the second meeting of the UN-Habitat 2024 Executive Board, which he chaired in Nairobi, Kenya, as disclosed in a statement from the ministry on Thursday.

This contribution is part of Nigeria’s financial commitment under the Memorandum of Understanding (MoU) with UN-Habitat and will directly support the operations of the UN-Habitat Country Office in Nigeria.

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Arc. Dangiwa emphasized that the funding would strengthen Nigeria’s partnership with UN-Habitat, advancing capacity-building, advisory services, and multi-bilateral fund mobilization efforts to drive sustainable urbanization and housing development in the country.

“We recognize the critical importance of enhanced funding to support UN-Habitat’s objectives and appreciate the contributions of member states and partners in this regard. Nigeria remains steadfast in its commitment to UN-Habitat. Just last week, our President approved a $500,000 contribution to cover Nigeria’s outstanding obligations for 2022–2023, reaffirming our dedication to the organization through our partnership framework,” Dangiwa stated.

The statement highlighted that Nigeria’s contribution aligns with the terms of the MoU for the 2022–2027 period, fostering collaboration on key projects such as sustainable housing development, infrastructure improvement, and addressing urbanization challenges. The partnership aims to leverage both national and international expertise and resources to tackle Nigeria’s growing urban challenges.

More insight  

The statement noted that UN-Habitat commended Nigeria for its commitment to transformative change in human settlements and urban development.

  • In her remarks at the second meeting of the 2024 Executive Board, UN-Habitat’s new Executive Director, Ms. Anaclaudia Rossbach, praised Nigeria’s leadership and recognized Arc. Dangiwa’s effective stewardship as Chair.
  • She also expressed gratitude for Nigeria’s approval of a $500,000 contribution, which underscores the country’s commitment to supporting global sustainable urbanization goals and will bolster the operations of the UN-Habitat Country Office in Nigeria.

“I greatly appreciate Nigeria’s commitment, exemplified by the Chair of the Executive Board, Arc. Ahmed Musa Dangiwa, in advancing the mandate of UN-Habitat. Nigeria’s approval of $500,000 to UN-Habitat reflects its dedication to our partnership. This funding will bolster the UN-Habitat Country Office in Nigeria, enhancing its capacity to provide multi-level support for achieving Nigeria’s housing and urban development goals,” she stated.

  • The statement further noted that the Minister emphasized the importance of strengthening Nigeria’s bilateral partnerships with institutions like UN-Habitat to advance the goals of the Renewed Hope Agenda for housing and urban development.

He highlighted the progress achieved during Nigeria’s tenure as Chair of the Executive Board, particularly in evaluating Assembly resolutions, reviewing the work plan and budget, and advancing the 2026–2029 strategic plan.


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Tags: Ms. Anaclaudia RossbachMusa DangiwaPresident Bola TinubuUN-Habitat
Caleb Obiowo

Caleb Obiowo

Caleb Obiowo is a graduate of Urban and Regional Planning from the University of Uyo. At Nairametrics, he covers transport and logistics in Nigeria, along with real estate, construction, and aviation. He focuses on delivering clear, easy-to-understand stories and often digs deeper into industry issues through conversations with key players.

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