The Minister of Housing and Urban Development, Ahmed Dangiwa, has urged foreign investors at the Saudi Real Estate Forum to seize the vast opportunities within Nigeria’s housing sector, particularly through the Federal Government’s Renewed Hope Cities and Estates Programme.
This is according to a statement on Tuesday by the Special Assistant Media and Strategy to the Minister, Mark Chieshe.
In a panel discussion, Dangiwa highlighted the significant growth prospects in Nigeria’s real estate market, citing the country’s ongoing housing deficit.
“Nigeria’s real estate sector contributed around 5.2 per cent to the nation’s GDP in 2024, and will increase in market volume to $2.25tn by the end of 2025,” Dangiwa said.
“Despite this, there is still tremendous investment opportunity, especially in the residential real estate segment. Nigerians need homes now more than ever and you can partner with the Nigerian government to deliver these houses at scale,” he added.
