NEWS AGENCY OF NIGERIA

FG pledges affordable housing for low-income Nigeriens

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By Ahmed Musa/Angela Atabo

Minister of Housing and Urban Development, Ahmed Dangiwz has stated the Federal Government’s commitment to provide affordable housing for low-income earners in Nigeria.

Dangiwa said this at an event to mark the 2024 World Habitat Day in Abuja on Thursday.

The World Habitat Day is a day set aside by the United Nations to promote a better urban future.

The theme of the day is: “Engaging Youth to create a better urban future and Youth leading climate and local action for cities”.

Dangiwa said the government focused on policies to support lower-income individuals via the National Social Housing Fund, aimed at assisting Nigerians in accessing affordable housing.

He said the policy targeting youth involvement in climate resilience and urban development, to ensure active youth participation and promote inclusive, resilient and sustainable cities.

The minister underscored the importance of addressing urbanisation challenges, raising awareness about housing needs, and providing sustainable urban shelter.

According to him, sustainable development is a shared responsibility, requiring the incorporation of youth perspectives into urban planning and development.

“The Federal Government is taking steps to address the housing deficit, investing in housing and infrastructure under President Bola Tinubu’s renewed hope cities and estate programme.

“The programme aims to build 50,000 housing units in phase one, with construction underway across 14 states.

“A workshop on green building, in collaboration with the World Bank, was also initiated to incorporate sustainable climate practices into housing projects.”

Dangiwa reitrated government’s commitment to implement policies to support urban regeneration, improve housing finance systems and enhance the National Urban Governance Framework.

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Mr Shehu Osidi, Managing Director, Federal Mortgage Bank of Nigeria (FMBN), said the bank would continued to provide affordable housing loans to young Nigerians, support institutions as well as contribute to the growth and transformation of urban centres. (NAN) (www.nannews.ng)

Edited by Abiemwense Moru

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Rabi'u Sani Ali
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