2024 South West Housing Exhibition: Nigerians No Longer Need to Lobby to Own a House – Minister

… As FG’s Housing Projects create 252,800 jobs.

With the Renewed Hope City and Estate programme, an initiative under the Federal Ministry of Housing and Urban Development, Nigerians have been assured of easy access to secure a decent home across the country.

The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa who made this known on Friday while addressing stakeholders at this year’s South-West Housing Exhibition in Ibadan, the Oyo state capital, hinted that the ease to secure a house under its new scheme has been made possible through a centralized online platform which is innovative and effective for housing delivery.

According to the Minister, the current achievements in the housing sector was made possible through a range of creative and diversified funding strategies to create impact under the Renewed Hope agenda of President Bola Tinubu

“We have found a way to be innovative and to address the supply of affordable housing through a means of approaches, including budgetary provisions, public/private partnership, international collaborations and funding through agencies under the ministry.

He said most of the houses under construction are currently at the roofing stage hinting that the houses, when completed, can be assessed through the innovative web portal wwwrenewedhopehomes.fmhud.gov.ng by Nigerians within and outside the country adding that with the website all Nigerians can assess all the houses, choose the one they want and pay through any of the payment options and get their awards.

The Minister, who was represented at the occasion by the Federal Controller, Federal Ministry of Housing and Urban Development, Oyo State Office, Aigbokhai Elizabeth said the housing sector’s potential as a driver of economic growth is evident in the job opportunities that the renewed hope cities and estate programs have created at an average of 25 jobs per house

He equally noted that over 252,800 jobs including skilled and unskilled workers have been directly and indirectly generated by the various ongoing housing projects embarked on by the president Bola Tinubu led administration

Earlier, The Convener and Managing Director, South West Exhibition, Dr Olayemi Rotimi Shodimu, said the exhibition is an annual convergence where stakeholders in the industry gather to discuss the challenges in the industry and proffer solutions

Shodimu explained that the event would provide
an opportunity to expose Real Estate grants in the region and what various state governments and stakeholders should do to champion a cause for development of housing in the region.

“We want to use this platform to create the next category of home owners, making it very flexible for them with a very little amount of money.” He said adding that the region needed a new approach to affordable and sustainable housing”.

Speaking with newsmen, the Oyo state Commissioner for Lands and Urban Development, Akinfunmilayo Williams lauded the initiative of bringing together critical stakeholders in the housing sector to discuss the development that will lead to solving the housing deficit in the South West.

The commissioner said the synergy would be of greater benefit to the South West, adding that the land opportunities in all the six states of the zone would be made available to the real estate developers, assuring of the state government collaboration and support while promising to come up with policies that would ensure that the basic objective of provision of housing and decreasing the housing deficit in the States is achieved.

Other stakeholders in the housing sector across the South West shared their thoughts and propositions on how to move the sector forward

Highpoint of the 2024 South West Housing exhibition is an opportunity for participants to win a house of their own through a raffle draw.