The Nigerian government has announced its partnership with Shelter Afrique to deliver 5,000 housing units in the country.
Minister of Housing and Urban Development, Ahmed Dangiwa, made this known while speaking on the achievements of the ministry within one year in office.
“Under the partnership, the Pan-African housing institution will support the Renewed Hope Program with advisory services and financing of competent developers. We are looking at about 5,000 housing units in the pilot scheme.
“This will be the first time the ministry is entering into such a practical and direct partnership with a multi-lateral institution for the construction of homes for Nigerians. Nigeria is the second largest shareholder in ShafDB after Kenya with over $29 million share subscription,’’ he said.
Dangiwa promised to explore all possible housing financing options to tackle the massive housing deficit that faced the country. He recalled that upon assuming office, an action plan was developed in line with the priorities and deliverables of President Bola Tinubu.
The action plan, according to him, was to guide the ministry in implementing reforms and initiatives to increase access to affordable housing and unlock the potential in the housing sector.
“We may not have the financial war chest, but we have to leverage as a government. For too long, we have failed to maximize our relationships with bilateral and multi-lateral institutions, including those that we have substantial interests.”
