The Minister of State for Housing and Urban Development, Yusuf Ata, has reaffirmed that strategic partnerships and investment remained central to resolving Nigeria’s housing challenges.
Ata made this known in Abuja yesterday during a meeting with Allen Le and Partners, an international investment consulting firm based in Vietnam.
“The primary mandate of the ministry is to provide mass housing for Nigerians, and we welcome potential collaboration with Ms Allen Le and Partners International Investment Consulting Joint Company in achieving this goal,” the minister stated.
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He reiterated the ministry’s commitment to tackling Nigeria’s housing deficit through public-private partnerships and investment.
He noted that the ongoing construction of Renewed Hope Cities and Estates was a top priority under President Bola Tinubu’s administration.
“Under the Renewed Hope Agenda, we are constructing 3,000 housing units each in Lagos, Abuja, and Kano for the Renewed Hope Cities, and 250 housing units in each of the 36 states for the Estates,” Ata said.
He further disclosed that the ministry’s social housing initiative aimed to deliver 77,400 housing units, 100 units in each of Nigeria’s 774 local government areas.
“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 clearly seeing the areas you want us to come in,” he added.
Ata stressed the ministry’s openness to partnerships that align with its mandate of providing affordable and sustainable housing for Nigerians.
He also revealed that 30 percent of the 77,400 social housing units would be allocated to low-income Nigerians.
He commended President Tinubu for insisting on the 30 percent allocation, despite a proposal to reduce it to 20 percent.
Speaking earlier, the leader of the six-man delegation, Allen Ke Nam of SV-NED Incorporated, expressed interest in contributing to Nigeria’s growing housing sector.
He sought partnership with the Federal Government in the construction of affordable homes for Nigerians and requested land to facilitate the investment.
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Allen Le Nam noted that the collaboration would boost employment and skills acquisition, as the company planned to introduce modern construction methods during project implementation.
The Permanent Secretary of the Ministry, Shuaib Belgore, commended the delegation for their presentation and assured them of the ministry’s readiness to collaborate on affordable housing delivery.
