Tag
MUSA DANGIWA
The Federal Mortgage Bank of Nigeria (FMBN) has set ambitious targets to deliver 5,000 new homes annually, largely through the Renewed Hope Cities and Estates Programme, and disburse 20,000 mortgage loans each year, necessitating quicker turnaround times and improved customer service.
The Federal Housing Authority (FHA) is set to raise funds through capital markets to deliver millions of housing units over the next 50 years, tackling Nigeria's housing deficit.
The Federal Government has announced a partnership with the World Bank Group to increase land formalization to 50% over the next 10 years, aiming to unlock over $300 billion in dead capital.
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, stated that Nigeria requires 550,000 housing units to be built annually for N5.5 trillion over the next ten years to tackle the severe housing shortage.
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has formally requested an annual allocation of N500 billion from the Senate to address the housing deficit across the country under the Renewed Hope Estates and Cities program.
The Federal Government has issued a stern warning to contractors of the various housing projects under the Renewed Hope Housing Estates and Cities initiative nationwide about Economic and Financial Crimes Commission (EFCC) action on substandard work and abandoning projects.
The Federal Government is set to begin construction on an additional 2,000 housing units in eight states across the South and North Central geopolitical zones under the Renewed Hope and Estates programme.
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has been unanimously elected as the inaugural Chairperson of the Financial Caucus of African Ministers of Housing and Urban Development.
The Federal Government has launched an online portal to streamline the marketing and sale of houses being built under the Renewed Hope Cities and Estate Programme.
The Federal Government has commenced the construction of the 250-unit Renewed Hope Estate in Katsina State.
Minister of Housing and Urban Development, Arc Ahmed Musa Dangiwa, has revealed that the federal government has awarded contracts for the Renewed Hope Cities and Estates in 12 states, comprising two per geopolitical zone.
Arc. Musa Dangiwa, the Minister of Housing and Urban Development, has reaffirmed the Federal Government's intention to establish a housing development project consisting of 2,500 units in the Ibeju Lekki Coastal City, Lagos.