News Agency of Nigeria
Abuja housing project to shelter 3,000 residents- Coy

Abuja housing project to shelter 3,000 residents- Coy

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By Angela Atabo

First Rotech Group of Companies Ltd has announced that the Abuja Airport Garden City project will create housing accommodation for more than 3,000 residents, addressing the country’s housing deficit.

The company’s Chairman, Austin Oguejiofor, shared the update with journalists on Saturday in Abuja, noting that the development would also stimulate economic activity within the FCT.

“We are not just building houses; we are creating a complete city where infrastructure is planned to serve people’s needs around the clock.

“From roads to power and security, everything is designed to international standards and built to last,” Oguejiofor said.

He revealed that construction of the access road linking the city was underway, connecting the new city directly to the Abuja Industrial Park and the Abuja Airport Railway Station, which would enhance connectivity and accessibility for residents and businesses.

Oguejiofor reaffirmed the company’s commitment to delivering critical infrastructure as a top priority.

He said the construction began following approval from the Federal Capital Development Authority (FCDA), marking a key milestone in the project.

Oguejiofor listed key infrastructure elements to include 24-hour power supply, street lighting, high-speed internet, CCTV surveillance in public spaces, modern drainage and sanitation systems, and continuous water supply.

He also mentioned a fully equipped hospital, pharmacies, fire and police stations, banks, recreational centres, schools, and well-landscaped green areas.

“The development is ideally positioned between the airport and central rail station and will become a thriving hub for residential and commercial life,” he said.

He added that T-One Technology Ltd was partnering on the project’s digital side, providing smart mapping tools and digital platforms to improve navigation and investment management for residents and stakeholders.

“Every element, from energy systems to digital accessibility, is aimed at providing a high standard of living for all,” Oguejiofor said. (NAN)

Edited by Jacinta Nwachukwu/Abiemwense Moru

Firm unveils luxury apartments in Gwagwalada

Firm unveils luxury apartments in Gwagwalada

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By Patricia Amogu

A real estate firm, MyAbujaHome Limited, has unveiled ‘The Nathania Heights’, a new residential estate in Phase 3, Gwagwalada, FCT.

The project is part of the firm’s effort to support infrastructure development and contribute to bridging Nigeria’s housing deficit.

The Managing Director of the firm, Mr Adebola Mogaji, announced the unveiling on Tuesday in Abuja.

The development is located three minutes from the University of Abuja Teaching Hospital.

He said the newly completed apartments are designed to be both affordable and luxurious, with a mix of two and three-bedroom units suitable for individuals and families.

“These luxury residential apartments offer a mix of stylish two- and three-bedroom units that blend comfort, space, value, and contemporary sophistication,” Mogaji said.

According to him, prices start from N34.99 million, with flexible payment options available.

“The apartments are thoughtfully laid out to meet the real needs of today’s cosmopolitan homes, with expansive, squared layouts and structural efficiency.

“Facilities include 24/7 security with full CCTV coverage, constant water supply, and adequate parking spaces,” he said.

Mogaji said an exclusive pre-launch price offer is available, allowing interested buyers to secure a unit with a deposit of N10 million, and spread the balance over six to twelve months.

He described the development as both a place to live and a long-term investment opportunity.

“Developed by MyAbujaHome Limited, this luxury residential development gives buyers access to high-value real estate and a network of great minds in a rapidly growing neighbourhood.

“The Nathania Heights is more than just a home. It is a statement of taste, a foundation for legacy, and a gateway to premium living.

“With its range of amenities, this development is set to redefine luxury living in Abuja,” he added.

The News Agency of Nigeria (NAN) recalls that the firm had donated free plots of land to over 1,000 civil servants and other Nigerians unable to afford homes, as part of its commitment to addressing housing challenges.

Mogaji, a former lecturer in the UK, said the initiative aims to support hardworking citizens in starting their journey to homeownership.

Beneficiaries, mostly based in Gwagwalada and other parts of the FCT, are only required to cover legal and administrative fees, which make up less than 15 per cent of the land value.

Mogaji, who returned to Nigeria after two decades abroad, said the ‘move home’ initiative was inspired by a desire to make meaningful impact beyond academic teaching.

Since 2024, the company has shifted focus from high-end property sales to affordable housing to meet growing demand.

He said this transition enabled the firm to expand its network and engage directly with housing policymakers.

This includes the Minister of Housing and Urban Development, the Federal Housing Authority, and the Federal Mortgage Bank of Nigeria.

Mogaji said the firm is exploring housing partnerships with government and foreign investors, adding that Nigeria remains a viable investment destination despite economic challenges. (NAN)

Edited by Tosin Kolade

FG denounces alleged sale of Bauchi housing units to NAF

FG denounces alleged sale of Bauchi housing units to NAF

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By Ahmed Kaigama

The Federal Ministry of Housing and Urban Development has dismissed allegations that it sold 270 newly constructed housing units along the Ningi-Kano Road to the Nigerian Air Force (NAF).

Mr Nwamadu Herbert, the State Controller of the Ministry, refuted the claims while addressing newsmen on Friday in Bauchi.

The News Agency of Nigeria (NAN) reports that the Bauchi State Concerned Citizens Group had staged a protest against the alleged sale of the houses to the NAF, demanding justice.

Nwamadu explained that although discussions with the NAF were still ongoing, no transfer of ownership had been finalised, as the ministry was still awaiting directives from its headquarters.

“The houses remain under the custody of the ministry,” he said.

He called the protesters ‘illegal occupants’ and explained that provisional allocations were granted only to genuine allottees who fulfilled the stipulated requirements within 90 days.

He said the decision to revoke offers to defaulters on April 1 was widely publicised and challenged any protester to produce valid allocation documents.

Meanwhile, the Concerned Citizens group, led by Mr Aliyu Ladan, has insisted that the alleged sale undermined the welfare of Bauchi workers.

Ladan described the move as “unfortunate and illegitimate,” claiming the houses were part of a 1,000-unit project initiated by former President Muhammadu Buhari to tackle workers’ accommodation challenges.

He appealed to President Bola Tinubu to intervene and cancel the purported deal, warning that the development could trigger unrest.

He urged the government to prioritise the rights and welfare of residents over institutional negotiations. (NAN)

Edited by Martha Agas/Tosin Kolade

Dangote advocates budget-friendly mass housing for Nigerians

Dangote advocates budget-friendly mass housing for Nigerians

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By Nana Musa

Dangote Cement Plc has urged stakeholders in the housing industry to consider budget-friendly mass housing scheme for Nigerians.

 

Speaking at the ongoing Africa International Housing Show, the National Sales Director, Dangote Cement Plc, Dolapo Alli, said that all stakeholders must collaborate for affordable housing in the country.

 

“Addressing housing issues requires collaboration among various stakeholders, including government agencies, private developers, non-profits, and communities.

 

“The government can adopt public-private partnerships (PPPs) to support mass housing initiatives.

 

“Through PPP models, the government may initiate the construction of new estates, while companies and firms in the building and construction sector can be granted tax waivers and credits to facilitate the financing of new and affordable housing developments.”

Alli, who was speaking at the company’s Special Day, said mass housing was one of the several strategies used to address the challenge of providing adequate housing for the public.

 

He added that the approach had helped to tackle the pressures of rapid urbanisation in numerous countries around the world.

 

He commended the efforts of the Federal Government in implementing mass housing programmes, adding that more gaps need to be covered.

 

“Nigeria, through the Renewed Hope Housing Initiative, has taken commendable steps toward addressing the critical gap in access to affordable housing finance.

“This initiative signals a strong commitment to making home ownership more accessible for citizens, particularly low- and middle-income earners.

 

“However, given the scale of the nation’s housing deficit—estimated in the millions—much more needs to be done.

 

“There is a pressing need for broader collaboration across public and private sectors to unlock innovative financing solutions, streamline regulatory processes, and scale up delivery to meet the growing demand for decent and affordable housing.”

 

Alli identified several challenges affecting the provision of affordable housing in Nigeria.

 

Some of the challenges, he said, include: rapid urbanisation, population growth, knowledge gap in housing, high cost of land acquisition, rising cost of construction materials.

 

Others, he said, include lack of basic infrastructure, inaccurate housing demographics and limited access to long-term and low-cost financing.

 

He said the continued participation of the company in the Africa International Housing Show stems from the conviction that the gathering has made a meaningful impact by generating ideas and fostering partnerships that contribute to providing shelter for Nigerians.

 

He urged governments at all levels to implement effective policies and make available lands for mass housing in Nigeria.

 

The Dangote Cement Plc is one of the sponsors of the Africa International Housing Show (AIHS) which closes on Friday.(NAN)

Edited by Ismail Abdulaziz

Dangote Cement sponsors Africa Housing Show 

Dangote Cement sponsors Africa Housing Show 

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By Nana Musa

The Dangote Cement is sponsoring the Africa International Housing Show (AIHS) which opened on Monday at the Transcorp Hilton, Abuja.

 

A statement from the company said aside from the sponsorship, the company is also participating in the event, which is the 19th in the series.

 

The statement signed by the spokesman of the company, Anthony Chiejina, said the event would host participants from 21 countries.

 

Chiejina said that the show was a rare platform for the company to connect with key players in the housing industry across the continent.

 

“As the Housing Show brings together over 40,000 participants, including key industry leaders, government representatives and investors, the Dangote Cement Plc will leverage on this opportunity to directly showcase its innovative products to clients and decision makers.”

He said that the company has consistently sponsored the Show over the years, assuring that it would continue to partner with key stakeholders to support the provision of shelter in Africa.

 

According to Chiejina, AIHS will help amplify the Dangote brand and boost strategic partnership with stakeholders.

 

He said that the theme of this year, “Reimagining Housing Through Innovation”, aptly resonates with the company’s core value.

 

Coordinator of the Show Festus Adebayo said that the housing deficit in the country can be mitigated through Public Private Partnership (PPP).

 

“Innovation and collaboration are top priorities for us, given the rapid technological advancements in housing construction, financing and system improvements.”

 

Adebayo said he was optimistic that the partnership with Dangote Cement Plc would help address the housing shortfall in the country.

 

He said that over 82 per cent of attendees hold decision making positions, ensuring exhibitors engage directly with individuals who have purchasing power.

 

The News Agency of Nigeria (NAN) reports that the Nigerian Institute of Building and other stakeholders in the housing industry had described the Dangote Cement Plc as one of the major drivers of real estate development in Nigeria.(NAN)

Edited by Ismail Abdulaziz

Wike-led FCTA opening Abuja for businesses, housing, investment -Tinubu

Wike-led FCTA opening Abuja for businesses, housing, investment -Tinubu

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By Philip Yatai

President Bola Tinubu says the Nyesom Wike-led Federal Capital Territory Administration is opening the territory for businesses, housing and investment.

Tinubu said this in Abuja on Tuesday, while inaugurating the right-hand service carriageway of the Inter Northern Expressway (INEX), from Ring Road III to Outer Northern Expressway, ONEX (Murtala Mohammed Expressway).

The project was among the 10 so far inaugurated out of the 17 projects outlined for inauguration to celebrate Tinubu’s second year in Office.

Represented by Deputy Senate President Barau Jibrin, the president described the newly constructed INEX as a “critical piece” of the Federal Territory Master Plan.

He added that the road was designed to ease traffic flow, enhance connectivity and improve urban mobility for millions of commuters, residents and businesses in the city.

He commended the FCT Administration led by Wike, for his vision and commitment to quality and timely execution of projects.

“What you have contributed to something larger than the roadway; you have contributed to the future of our capital.

“This vital carriageway we inaugurated today is not just a road; It is a symbol of progress and a reflection of my administration’s Renewed Hope Agenda.

“An agenda committed to building infrastructure that serves the people, unlocks economic potential and supports sustainable development,” he said.

Tinubu pointed out that as traffic volume increases in the FCT, and across the satellite towns, it has become imperative for continuous expansion and maintenance of critical routes.

This road, he said, would not only connect key junctions, but also facilitate safer and faster movement within Abuja transportation corridors.

“It will open more opportunities for businesses, housing, and investment in the adjoining districts.

“It is quite apt to say that projects like these are a testament to what we can achieve when planning, execution and leadership are aligned with purpose.

“We are determined to replicate these sources in every part of the country with roads, bridges, railways and more ensuring that no region is left behind,” he added.

Earlier, Wike said that the 16-kilometre road was awarded in 2014 at the cost of N7 billion but was executed and completed by the current administration at N31 billion due to inflation and variation.

He said that the completion of the project was in line with Tinubu’s renewed hope agenda, to complete ongoing projects that would impact the life and the economy of the people.

He commended Tinubu for the commitment to making sure that a project of this nature was concluded.

“This is the industrial site of Abuja. The Industrial Park is somewhere close, and the developer had not been encouraged until the Tinubu Administration rescued the situation.

“The Industrial Park, when completed, will create 40,000 direct jobs. If we are able to give them support, some of the problems will be solved,” he said.

The minister emphasised that road infrastructure was the driver of any economic growth, stressing that investors would come when there were roads.

He noted that Tinubu has done quite well for the residents and for the development of Abuja and appealed for his continued support.

“I will continue to do the best under the renewed hop agenda for the interest of our country and for the interest of Abuja,” he said.

On her part, the FCT Minister of State, Dr Mariya Mahmoud, noted that the project was another testimony to Tinubu administration’s resolve to deliver impactful and people-centred governance.

Mahmoud said that the road would serve as a symbol of collective determination to build a better, more connected, and more prosperous Nigeria under Tinubu.

Mr Richard Dauda, acting Executive Secretary, Federal Capital Territory Development Authority, said that the INEX was the primary road that bound the inner development corridor of the northern flank of the city.

Dauda said that the full scope of the road in the Abuja Master Plan from Maitama to ONEX was a 32.5 kilometre, 10-lane expressway.

He said that the road was planned to consist of two main carriageways of three lanes each and two service carriageways of two lanes each.

“The Master Plan provides that the expressway commences at Maitama by the IBB Golf Course, traverses through the Central Area, passing between the National Mosque and the Yar’adua Centre in Phase I and continues through Phase II of the city to Wuye and Dakibiyu Districts.

“It then proceeds to Phase III and Phase IV, through the Idu Industrial Area and terminates at ONEX,” he said.

He said that the road was being developed in stages with the first phase being the right-hand carriageway from Ring Road II to Ring Road III, adding that the second stage was the section being inaugurated. (NAN)

Edited by Abiemwense Moru

New FMBN Board  chairman pledges to revitalise housing finance

New FMBN Board  chairman pledges to revitalise housing finance

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By Angela Atabo

The new Chairman of the Federal Mortgage Bank of Nigeria (FMBN),Board, Dr Nasir Gawuna, has promised to revitalise the bank and expand housing finance access for Nigerians.

Assuming office on Monday in Abuja, Gawuna pledged to align his efforts with President Bola Tinubu’s Renewed Hope Agenda to improve financing and accessibility.

He stressed the need to raise public awareness about the bank’s role in addressing Nigeria’s housing deficit.

“Do Nigerians really know what FMBN is or what the laws governing it entail? We must make the bank visible and known to the people.

“The law establishing FMBN states that anyone above 18 earning up to N3,000 is eligible to be a contributor,” he said.

Gawuna highlighted the importance of reviewing some policies and laws governing the bank to ensure optimal performance and benefits for Nigerians.

“We live in a time of rapid change, great challenges, and immense opportunities. Our organisation is uniquely positioned to respond with innovation, resilience, and purpose,” he added.

As Board Chairman, he said his priority would be to promote a culture of collaboration, encouraging diverse perspectives, open dialogue, and bold thinking.

“We will listen carefully, act responsibly, and lead courageously to make a positive impact in the housing sector in line with the President’s Renewed Hope Agenda.”

He also emphasised improving staff welfare to help deliver the bank’s mandate. “There is no reason we cannot improve the lives of our employees,” he said.

Earlier, FMBN Managing Director and CEO Shehu Osidi, welcomed the new chairman and lauded the executive management’s progress.

He noted the bank’s support for the Renewed Hope Housing programme, including providing a N100 billion off-taker guarantee to mobilise funding nationwide.

Osidi added that additional funding of N19.9 billion had been advanced for the Karsana project, alongside N27 billion for the Renewed Hope City in Ibeju Lekki, Lagos, aimed at delivering 1,500 housing units.

He thanked President Tinubu for entrusting the bank with the responsibility and expressed optimism about the future of FMBN.

“The inauguration of the new Board marks a new chapter of partnership and progress. Together, we will accelerate the delivery of affordable housing in Nigeria,” he said.(NAN)

Edited by Shuaib Sadiq/Abiemwense Moru

NIESV seeks review of land, housing policies

NIESV seeks review of land, housing policies

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By Angela Atabo

The Nigerian Institute of Estate Surveyors and Valuers (NIESV) has called for an overhaul of the Land Use Act and National Housing Policy.

NIESV President and Chairman of Council, Victor Alonge, made the call on Wednesday at a news conference during the institution’s 55th annual conference in Abuja.

Alonge said the Land Use Act, in place since 1978, is outdated and needs review to expand land access and spur real estate development.

He noted land should be more accessible to all Nigerians, not just wealthy developers who often acquire vast portions of land.

“The masses struggle to access land. The Act should be reviewed, and the land administration system revisited,” he said.

Alonge also highlighted the need to revisit the National Housing Policy to tackle persistent challenges in the housing sector.

He stated that affordable housing delivery requires a multi-sector approach and deliberate policymaking with input from professionals.

He observed that housing policies often lack clarity, leading to confusion in their implementation.

According to him, affordable housing and social housing are frequently misunderstood as being the same.

He said many so-called affordable homes remain unaffordable for low-income earners.

“There is poor understanding and weak policy design around affordable housing. Nigeria lacks a proper social housing system,” he said.

Alonge explained that social housing typically serves workers like nurses and teachers, providing homes in central or high-value locations.

He said other countries offer city-centre homes to key workers through targeted policies, allowing them to live among the affluent.

Alonge also backed punitive taxation on vacant properties to compel owners to rent or occupy them.

“In advanced economies, empty homes are heavily taxed to discourage leaving them unused.

“If faced with high taxes on an empty house, owners would likely reconsider keeping it vacant,” Alonge added. (NAN)

Edited by Kamal Tayo Oropo

Tinubu committed to affordable housing with N100bn MOFI real estate fund, says Forum

Tinubu committed to affordable housing with N100bn MOFI real estate fund, says Forum

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The Tinubu Stakeholders Forum (TSF) has hailed the successful raising of N100 billion by the MOFI Real Estate Investment Fund (MREIF) through its fully subscribed Series 2 issuance.

In a statement signed by its Chairman, Ahmad Sajoh and Secretary, Afolabi Josiah, it described the feat as attached milestone, achieved through private sector participation.

It added that the fund was a significant step which underscores the pragmatic economic policies of President Bola Tinubu’s administration.

“This achievement is part of MREIF’s broader N250 billion pilot fundraising initiative, aimed at facilitating accessible housing finance solutions for Nigerians.

“For us, the strong institutional investor confidence in the issuance, as reflected by its AAA rating from Agusto & Co. and an AA rating from Global Credit Rating (GCR), reaffirms the credibility and effectiveness of the fund’s structure.

“The Tinubu administration’s approach to housing development goes beyond merely constructing houses; it prioritises creating a sustainable financial ecosystem that allows Nigerians to acquire homes at affordable credit rates.

“By leveraging private sector investments, the federal government is strategically optimising resources while ensuring that public funds previously earmarked for social housing can now be redirected toward other critical capital projects that drive national growth and development.

“We acknowledge that this initiative aligns with President Tinubu’s broader economic agenda of fostering an enabling environment for investment, financial inclusion, and infrastructural development.”

The forum reiterated its confidence’s in the President’s strategic policies and reaffirmed unwavering support for the administration’s vision of economic transformation and national prosperity.

The group also urged continued collaboration between the government, private sector, and financial institutions to sustain this momentum, ensuring that more Nigerians can benefit from affordable housing opportunities.(NAN)

Edited by Ismail Abdulaziz

Real estate firms partner Nasarawa Govt. to build commercial city in Karshi

Real estate firms partner Nasarawa Govt. to build commercial city in Karshi

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By Patricia Amogu

A real estate development firm, Ama-Davids Nigeria Limited, has announced plans to collaborate with its partners and the Nasarawa State Government to develop a commercial city in Karshi.

The Managing Director and Chief Executive Officer of the firm, Mr Ibrahim Arasah, made this known during a series of courtesy visits to top government officials in the state.

Arasah stated that the commercial city project would create employment opportunities, attract foreign investment, foster a business-friendly environment, and enhance the well-being of the people.

“We commend the great work being done by the Nasarawa State Governor, Engr. Abdullahi Sule, particularly in infrastructural development, political stability, and security.

“Ama-Davids Nigeria Limited is deeply committed to improving the well-being of the people, and our projects are designed with this in mind.

“Our initiatives, including the Karshi Central Market, which is currently under consideration by the governor, as well as the automobile city project, have been carefully planned to be people-centric.

“All our projects are aimed at enhancing the lives of the people and ensuring sustainability beyond our generation.

“The Commercial City Standard Market will be the first of its kind in Africa. It will be an expansive business hub, integrating various sectors such as agro-markets, fashion and textiles, furniture showrooms, media, and many other enterprises.

“For over 32 years, we have been active in this field. As knowledge expands and technology evolves, we are continuously enhancing our expertise and development strategies to align with global standards and the 21st-century needs of our people,” he said.

Amb. David Oladeinde, CEO of Diamond House 67 Concept, called Nasarawa State the future of Nigeria, citing its vast mineral resources and immense potential.

“Nasarawa State stands out in many ways, perhaps due to its international exposure.

“The Governor is making significant progress across multiple sectors, and I believe the Nasarawa State of today is vastly different from the past. He is actively improving road infrastructure, security, and overall development.

“Nasarawa State is the future of Nigeria. It has the largest deposits of solid minerals in the country.

“Nigeria has yet to tap even 10 per cent of its solid mineral resources. We have focused too much on oil and gas, yet this year, we have the potential to generate billions of dollars from other resources.

“This project will not only transform Nasarawa State but also have a far-reaching impact at the federal and state levels, as well as across the West African sub-region”.

Dr Victor Abidoye, Chairman and CEO of Vikolu Universal Concept Limited, one of the project’s financiers, remarked that initiatives such as the commercial city project would unlock vast opportunities for Nigeria and Africa as a whole.

According to him, these developments would empower young people to overcome poverty and help reduce the housing deficit in the country.

He urged the government to support the project to provide entrepreneurs in the state with a conducive space to operate.

“A new urban centre is what we are building, and we hope the state government will give us the necessary support,” he added.

In response, Mr Abdullahi Salihu-Ari, Vice President of Strategy and Innovation at the Nasarawa Investment and Development Agency (NASIDA), commended the project partners for their efforts and their belief in the state’s potential.

“We recognise that there are 36 states in the country, and these projects could have been taken elsewhere,” he said.

Senior Analyst at NASIDA, Mr Imam Rabiu, stated that the agency was making every effort to ensure the project becomes a reality.

The News Agency of Nigeria (NAN) reports that Ama-Davids Nigeria Limited is the proponent of the Karshi Central Market/Commercial City, the Automobile City, the Million House Project, and the Karshi Century Park. (NAN)

Edited by Emmanuel Yashim

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