The Minister of Housing and Urban Development, Ahmed Dangiwa, on Monday in Abuja , sought for more funds for seven critical programmes of the housing sector.
These projects he said include the Renewed Hope Cities and Estates Housing Programme and Slump Upgrading and Urban Renewal Programme and others.
Dangiwa made the call during the budget defence session of the Senate Committee on Housing held on Monday at the National Assembly, Complex.
“I wish to request that the Distinguished Chairman and Members of this very important Committee use their good offices to increase the budgetary allocation in severn key areas.
“This is in view of the fact that these areas are very critical to the Transformative Policies and Programmes of Mr President to put the economy on the part of recovery and growth.
“It is pertinent to state here that in 2024 fiscal year the sum of N162.609 billion
was allocated to our Ministry, which amount was considered inadequate.
“Yet, we have been given an envelope of N83.752 billion in 2025 as the Ministry’s Capital Budget Ceiling for 2025 which is a far cry from even the 2024 Appropriation”.
He said that the Renewed Hope Cities and Estates Housing Programme was designed to be catalyst for economic growth.
“The construction and development of these new areas will generate employment opportunities, stimulate local businesses and attract investments.
“The 50,000 units planned to deliver under phase I will create 1, 250, 000 direct and indirect construction jobs for Architects, Engineers, plumbers, iron benders, masons etc.
“This is in addition to the value chain effect of purchase, supply of building materials and other businesses.
“Currently, we have covered 12 States and would like to cover 18 States at 250 units per site. The amount needed to achieve this N108 billion at N6 billion per state”, he said .
According to him, the ministry was exposed to huge amounts of liabilities amounting from projects completed, duly certified for payments before the end of the budgetary year but were not paid due to limited time.
“There is the need to make adequate provision for liabilities to enable the ministry reduce the amount of liabilities it is exposed to”
In his remarks, Chairman of the Senate Committee on Housing, Sen. Aminu Tambuwal, assured the minister of support to tackle the issues of liabilities incurred.
“We will support you by making sure that we can work together to see how best we can approach the Minister of Finance, the budget office, and even the Presidency.
“How best we can really get this debt relief on the part of the ministry and on the part of our contractors”
