FG needs strategic partners to tackle housing challenge – Minister

The Minister of State, Housing and Urban Development, Yusuf A. Ata, has stated that the Federal Government will need strategic partnerships and investment to serve as key drivers in solving Nigeria’s housing challenges.

Ata spoke during a meeting with Vietnamese Ms. Allen Le and Partners, an International Investment Consulting Joint Company in Abuja, saying these are the primary mandate of the ministry—to provide mass housing for Nigerians—and we welcome potential collaboration.

He urged Allen Le and Partners International Investment Consulting Joint Company to invest in the housing ecosystem so that the government can achieve the goal of the social housing initiative aimed at delivering 77,400 housing units—100 in each of the local councils in Nigeria.

The Minister reaffirmed the commitment of the government to addressing housing challenges through strategic investment, saying the ongoing construction of Renewed Hope Cities and Estates locations is the current priority of Mr. President.

“Under the Renewed Hope Agenda, we are constructing 3,000 housing units each in Lagos, Abuja, and Kano for Renewed Hope Cities, and 250 housing units in each of the 36 states for the Estates,” he said.

“We need to know specifically how we will partner with you. Make a formal proposal to the Ministry indicating where you want to collaborate with us. We look forward to seeing clearly the areas where you want us to come in.”

The Minister further reiterated openness to partnerships that align with the mandate of the ministry of delivering affordable and sustainable housing solutions for Nigerians.

Ata therefore explained that 30 percent of the 77,400 of the social housing units will be given to the non-income Nigerians and commended President Tinubu for maintaining his stand on 30 percent even when 20 percent was proposed to him.

Earlier, the leader of the six-man delegation, Allen Ke Nam of the SV-NED Incorporated, hinted to the Minister that they are interested in contributing to Nigeria’s growing housing sector and seek partnership in the construction of affordable houses for Nigerians.

He requested the Federal Government to provide the company an opportunity to invest by providing acres of land for housing construction.

On how beneficial the partnership will be to Nigeria, Allen Le Nam said the collaboration will lead to job creation and skills acquisition, as new construction methods will be introduced in the course of construction.

The Permanent Secretary of the Ministry, Dr. Shuaib Belgore, also commended the delegation for their presentation and assured them of the collaboration of the Ministry in providing affordable housing for Nigerians.

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