FG Partners Shelter Afrique Development Bank on Housing Development    * Partnership will support the Renewed Hope Agenda with funds for 5000 housing units  - Dangiwa    The Federal Government through the Ministry of Housing and Urban Development has signed a letter of intent for collaboration with Shelter Afrique Development Bank (ShafDB) for development of housing in Nigeria.   Housing Minister, Arc Ahmed Musa Dangiwa signed the agreement on behalf of the federal government, while Mr Thierno Habib-Hann, the Managing Director ShafDB signed on behalf of the bank.   The signing of the intent was the focus of the ministerial press briefing marking the one year anniversary in office of the Minister and Minister of State, Housing and Urban Development, at NAF Conference Center, Abuja.   Minister Dangiwa disclosed that  Nigeria's population of over 225 million with a growth rate of 2.5 percent per annum requires about 550,000 housing units over the next 10 years to meet the housing deficit and inorder to meet up with this, N5.5 trillion per annum will be required.   " Government can not provide all the funds needed to meet up with the housing demands, Hence, the need to sign a Housing Development Partnership with the Shelter Afrique Development.  Under this partnership, the Pan-African housing institution will support the Renewed Hope Agenda with funds  that will cater for about five thousand housing units" he stated    In his remarks, the MD Shelter Afrique Development Bank, Habib-Hann said that   " the MoU represents a landmark and historic milestone in Shelter Afrique Development Bank’s partnership with Nigeria for advisory services and financing of developers towards the construction of 5,000 affordable units to support the Renewed Hope Agenda of the Ministry for housing and urban development"   Highlights of the Press briefing was the presentation of notable accomplishments of the ministry of housing and urban development under the Renewed Hope Housing Agenda of President Bola Ahmed Tinubu and also showcasing the ministry's commitment in transforming the Nigeria housing sector.    Some of the notable accomplishments include: expansion and implementation of the National Urban Renewal and Slum Upgrade Programme to improve liveabllity in urban areas and slums, increasing the stock of decent and affordable housing units in the country to meet rising demand, and establishing a National Housing Data Center, amongst others.   On the achievements, Dangiwa said " We have made substantial progress in increasing the stock of affordable and decent housing stock for Nigerians with the groundbreaking for 6,612 housing units across 13 locations nationwide under the Ministry’s Renewed Hope Cities and Estates Programme"   He explained that, construction is ongoing at all these project sites with three months  completion period, adding that, the houses  were evenly distributed with two states in each of the six geopolitical zones of the country, and also cutting across all party lines as the only criteria being States that provided free and unencumbered land first.  The occassion of the Ministerial press briefing was graced with the presence of relevant housing sector committies of the National Assembly,  namely; Chairman, House of Representatives Committee on Urban and Regional Development, Hon.Abiante Awaji-Inimbek Dagomie and his counterpart of the Committee on Housing and Habitat, Hon.Abdulmumin Jubril.   Others who graced the occassion were the Managing Director Shelter Afrique Development Bank, Mr. Thierno Habib Hann, MD FederalMortgageBankofNigeria,  Shehu Usman Osidi, MD Federal Housing Authority,  Hon Oyetunji Ojo and various representatives of professional and regulatory bodies in the housing industry.   ...

Dangiwa Inaugurates National Housing Data Committee       * Says fixing Nigeria's housing data problem, a top priority.    Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has inaugurated a 13- member Steering Committee on the National Housing Data Centre in Nigeria, Tuesday, August 20th, 2024.   Speaking at the inauguration, Arc.Dangiwa stated that fixing Nigeria's housing data problem is a top priority under the Renewed Hope Agenda of President Bola Ahmed Tinubu.   He explained that the housing sector lack credible, scientific and verifiable data, that needs to be fixed, saying that without data the magnitude of the housing problem will not be known.   " Under the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu, GCFR, for housing and urban development, fixing Nigeria’s housing data problem is a top priority. As the lead driver of Mr. President's vision in the sector, we are committed to working with all stakeholders to tackle this problem" Dangiwa stated.   The Minister also explained that decent and affordable housing is a catalyst for economic development, creates jobs  and alleviate poverty as no nation strive effectively or  enjoy peace and stability without having housing market that works efficiently and provides decent shelter for it's citizens.    Dangiwa, among others listed some key deliverables of the Housing Data  Committee to include; development of the framework and modalities for setting up the National Housing Data Centre (NHDC); creating a framework for data gathering channels from the public and private Institutions and designing a framework for distributing housing data to Institutional and retail investors in the Nigerian financial market.   Other deliverables of the Committee also are; development of framework for data distribution to all participants in the housing market; establishment of the framework and timelines for setting up a mortgage exchange, and formulation of a Stakeholder Engagement Strategy.   The Minister urged the Committee to deliver the mandate within the time frame of twelve months with dedication and commitment.   Responding, the Co- Chair of the Committee, the Managing Director/Chief Executive Officer of the Nigeria Mortgage Refinance Company (NMRC), Kehinde Ogundimu, expressed satisfaction with the initiative and thanked the Minister for the opportunity given to them to serve in that capacity.   Mr Ogundimu assured the minister of the commitment of the commitee members to do their best to deliver the assignment in order to achieve the national goal within the time frame.   Membership of the Housing Data Joint Steering Committee includes representatives from: Federal Ministry of Housing and Urban Development (Chair), National Population Commission, National Bureau of Statistics, Central Bank of Nigeria, Nigeria Mortgage Refinance Company, Federal Mortgage Bank of Nigeria, Federal Housing Authority, Family Homes Funds Limited, Mortgage Bankers Association of Nigeria, Housing Development Association of Nigeria, Real Estate Developers’ Association of Nigeria, and Association of Housing Corporations of Nigeria ...

Housing Ministry Partners Association of Housing Corporatiions on Renewed Hope Housing Programme  The Ministry of Housing and Urban Development and Association of Housing Corporatiions of Nigeria (AHCN), have agreed on a joint mission in the delivery of affordable housing under the Renewed Hope Housing Programme of the present administration.    AHCN mission is to eradicate homelessness and provide descent and affordable housing for all Nigerians in safe environment    This understanding was arrived at when the President and Chairman of Council, Association of Housing Corporations of Nigeria (AHCN), Esv.Eno Obongha, led a delegation of members of the AHCN on a courtesy visit to the Ministry.     The Association of Housing Corporations of Nigeria (AHCN) is an umbrella organization for all federal and state housing agencies, housing research institutes, mortgage establishments and private property developers.    AHCN members include; the Federal Mortgage Bank of Nigeria (FMBN), Federal Housing Authority (FHA) and Nigerian Building & Road Research Institute (NBRRI), etc. with all the 36 states Housing Agencies as members.   Minister Dangiwa told the association that the Renewed Hope Housing Programme was initiated to boost the stock  of affordable housing in Nigeria and the Ministry will ensure completion of all and there will be no abandoned houses under the programme.    In addition, the minister assured on the use of quality local building materials products to deliver the houses that will be acceptable to Nigerians and to boost the local economy.   Accordingly, he stated that, despite the fact that the goal of the Renewed Hope Housing Programme was to provide affordable and accessible houses for all Nigerians, the Ministry would not allow the use of sub-standard building materials, emphasising that high quality building materials would be used to deliver the houses.   Arc Dangiwa expressed satisfaction with the Agric -Villages Scheme initiative of the Association, designed to acquire farm lands in rural areas in all states, using agriculture to drive housing provisions thereby creating job opportunities for jobless youths.   He assured them that the Agric -villages scheme will be incorporated into the National Social Housing Fund initiative which the ministry is also working to implement in order to provide access to affordable housing to low and none income Nigerians.   Speaking earlier, the President and Chairman of Council, Association of Housing Corporations of Nigeria,  ESV. Eno Obongha told the Minister that AHCN desires to participate in the Renewed Hope Housing Agenda by providing about 15 hectares of land in each of the senatorial district for the development of  housing in furtherance of the Renewed Hope Agenda of President Bola Ahmed Tinubu.   The association also solicited for the State Housing Corporations to obtain Housing Development Funds through the mortgages, and also seeks inclusion in executing  housing projects under the Renewed Hope Housing Programme.   Surveyor Eno also suggesred to the minister to ensure at least twenty percent of the building materials used in the Renewed Hope Agenda Projects are locally sourced. ...