The Minister of Housing and Urban Development, Ahmed Dangiwa, announced that the ministry has received 8,925 expressions of interest for the Renewed Hope Estates and Cities housing scheme.
The announcement was made during a ministerial briefing in Abuja, reviewing the performance of President Bola Tinubu’s administration over the past year.
Dangiwa detailed the breakdown of the 8,925 expressions of interest: 1,294 for outright purchase, 2,408 for mortgage, 2,184 for rent-to-own, and 3,039 for installment payment.
“Since the inception of President Bola Tinubu’s administration and the Renewed Hope Housing programme, we have taken pragmatic steps to fast track the sale and occupation of housing units across the country.
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We advertised expression of interest forms with four windows of subscription to cater to all income segments of Nigerians, which include outright payment, mortgage, rent-to-own, and installment payments,” Dangiwa stated.
He recalled that in April, the ministry issued the first batch of new provisional allocation letters for outright payment to successful applicants. Under phase one of the Renewed Hope Housing scheme, the government plans to deliver 50,000 housing units across Nigeria. This includes 1,000 housing units per site in each of the six geopolitical zones and the Federal Capital Territory (FCT), and 500 housing units per site in the remaining 30 states.
Additionally, the ministry recently launched an online housing portal to streamline the process of acquiring homes under the Renewed Hope Cities and Estates Programme. The initiative aims to strengthen the federal government’s urban and slum upgrading programs, improving living conditions, infrastructure, and basic services in informal settlements.
“Under phase one of the slum upgrading programme, we have planned 26 sites nationwide. This includes four sites in each of the six regions, totaling 24, and two in the FCT. Key services to be provided at these sites will include water supply, solar streetlights, rehabilitation of access roads, construction of drainages, and waste management and sanitation services, among others,” Dangiwa elaborated.
