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Home Economy Real Estate

Dangiwa Courts Global Investors to Scale Nigeria’s Housing Delivery under Renewed Hope Programme

Victoria Emeto by Victoria Emeto
January 27, 2026
in Real Estate
0
Dangiwa Courts Global Investors to Scale Nigeria’s Housing Delivery under Renewed Hope Programme

The Minister of Housing and Urban Development, Ahmed Dangiwa, has called on global investors and real estate developers to partner with Nigeria in accelerating housing delivery under the Renewed Hope Housing Programme.

Dangiwa made the call in Riyadh, Saudi Arabia, during a high-level panel session titled “Building Strong Foundations: The Role of Government in Real Estate” at the 2026 Saudi Real Estate Forum (RFF 2026). His remarks were contained in a statement signed on Monday by the Director of Press and Public Relations at the ministry, Badamasi Haiba.

According to the minister, Nigeria’s housing market represents one of the largest, most immediate and bankable demand opportunities in Africa, driven by rapid urbanisation, population growth and a significant housing deficit.

He explained that the Federal Government’s housing strategy under the Renewed Hope Agenda is anchored on affordability, with a clear benchmark that no household should spend more than one-third of its income on housing, whether through rent or mortgage payments.

Dangiwa noted that the Renewed Hope Housing Programme adopts an income-based framework designed to align housing products with the real earning capacity of Nigerians, ensuring inclusivity across income groups.

Under the structure, he said, the government is delivering three key housing categories: Renewed Hope Cities targeted at higher-income earners, Renewed Hope Estates for middle-income families, and Social Housing schemes aimed at low- to no-income Nigerians.

He added that the tiered approach not only improves access to decent housing but also creates structured investment opportunities for private sector partners across different segments of the real estate value chain.

The minister urged international investors to leverage Nigeria’s large market size, policy reforms and growing demand to drive sustainable housing development, stressing that public-private partnerships remain central to achieving the programme’s objectives.

Tags: #AffordableHousing#GlobalInvestors#NigeriaRealEstate#RenewedHopeHousing
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