The Federal Government has announced plans to generate over two million jobs through its Renewed Hope Social Housing Programme, an ambitious initiative under President Bola Tinubu’s administration aimed at empowering low-income earners while stimulating economic growth.
The Minister of Housing and Urban Development, Ahmed Dangiwa, made the disclosure during a high-level engagement with the House of Representatives Committee on Housing and Habitat at the National Assembly, Abuja. According to Dangiwa, the programme will involve the construction of 100 housing units in each of the 774 local government areas, translating to over 77,400 housing locations nationwide.
“This initiative will not only bridge Nigeria’s housing gap but also create over two million jobs by engaging 25 people per project and 27 jobs per location,” Dangiwa told lawmakers.
Dangiwa revealed that the funding for the housing scheme will be sourced through the Renewed Hope Infrastructure Development Fund, with additional legislative backing planned once the project kicks off. He assured lawmakers that a bill would soon be presented to establish a National Social Housing Fund to ensure long-term sustainability.
“After the project take-off, we will bring a bill to the National Assembly to institutionalize the programme through a sustainable financing model,” he said.
The Minister updated the committee on the status of various Renewed Hope Cities and Estates, confirming that many are in advanced stages of development. Locations in Abuja (Karsana), Kano, and Lagos are leading the charge, with several sites expected to be ready for commissioning in the coming months.
“We inspected Karsana recently alongside developers and financiers, and it is close to completion. The only delay may come from access road construction handled by the FCT Minister,” Dangiwa noted.
The Minister also announced that house subscription has commenced across all project sites, giving citizens the opportunity to own affordable homes. He added that developers were beginning to recover investments, an indication of positive momentum for both government and private stakeholders.
Dangiwa disclosed that the Ministry had communicated with the Accountant-General of the Federation to prioritise fund disbursements to the housing sector, emphasizing that housing is key to driving national development, job creation, and wealth redistribution.
“Housing should be recognised as a priority sector for future budget releases and planning,” he stressed.
In response, Chairman of the House Committee on Housing and Habitat, Abdulmumin Jibrin Kofa, pledged full legislative support, promising that the committee would work closely with the Ministry to deliver results that are both tangible and transformational.
“Our arms are wide open to support the Ministry. We will work harmoniously to ensure that this initiative reflects on the lives of Nigerians,” he said.
Nigeria’s housing deficit is currently estimated at over 17 million units, with millions of Nigerians unable to access decent and affordable shelter. The Renewed Hope Housing Programme is expected to not only reduce this shortfall but also stimulate ancillary industries such as cement, steel, transportation, labour, and local craftsmanship.
Experts say the initiative could have a multiplier effect across the economy by driving investments in materials, logistics, and technical services. It also aligns with Tinubu’s economic recovery roadmap and job creation agenda.
With over 2 million jobs in sight, Nigeria’s Renewed Hope Social Housing Programme could mark a new dawn for inclusive development and economic empowerment. If successfully implemented, it promises to uplift thousands of communities, boost local content, and set a blueprint for housing-led development in Africa.