By Alex Enebeli
The Minister of Housing and Urban Development, Mr Ahmed Dangiwa, has said that the Federal Government is doing everything possible to make housing affordable for low-income Nigerians.
Dangiwa disclosed this during the 4th Amadeo Business Summit (ABS) 4.0 held on Thursday in Enugu with the theme “Thriving In Times Like These”.
He said through the National Social Housing Fund (NSHF), the ministry was designing a new financial architecture that would make housing truly affordable for low-income Nigerians.
According to him, government housing will be offered at affordability-based pricing — not more than one-third of a person’s income and ensuring that ownership is within reach for all.
The minister added that the federal government would stabilise prices, create jobs, and reduce import dependence through the establishment of building materials manufacturing hubs across the six geopolitical zones
This, he said, would ensure that citizens built what was proudly made in Nigeria, stressing that, “They are tangible expressions of hope, real steps toward economic inclusion and national renewal.
“To sustain transformation, we must also reform the systems that drive it. That is why we have partnered with the Know This Nigeria Network (KTNN), to launch the Renewed Hope National Homeownership and Housing Development Campaign.
“It is a nationwide movement designed to bridge the gap between federal vision and state-level action, advocate for state adoption of land reforms and to deepen homeownership across Nigeria,” he said.
He added that through the campaign, the ministry aimed to work with state governments to create permanent, expert-level advisory structures that would help governors and housing institutions maximize federal and international opportunities beyond political cycles.
“The initiative will empower citizens with knowledge and access to homeownership opportunities under the Renewed Hope framework.
The campaign will kick off later this month in Katsina State, before moving to other states across the field,” Dangiwa said.
Dangiwa explained that over 10,000 homes were rising across the country, designed as complete, and serviced communities where families could live, work, and thrive.
Dangiwa said that through the national urban renewal and slum upgrade programme, the ministry would restore dignity in over 150 communities, transforming neglected slums into livable neighbourhoods with roads, drainage, water, and sanitation.
In a goodwill message, the Acting Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Mrs Chinenye Anosike, noted that thriving in challenging times required resilience, innovation, and strategic adaptation as well as collaboration.
She said that in spite of the fiscal and operational challenges facing public institutions, the bank was determined to thrive by modernising its systems, strengthening partnerships, and driving innovation across operations.
Anosike added that the bank was leveraging technology to improve customer experience, shorten turnaround times, and ensure that contributors to the National Housing Fund, the Nigerian workers — receive efficient, transparent service they deserve.
She said that the bank had different products such as NHF Mortgage loan, home renovation loan and others, revealing that 137,000 Nigerians had assessed these producs.
The keynote speaker, Dr Femi Adewale, called for creativity and innovation in mortgage product including the repayment method and collaboration between Federal Mortgage Bank and other mortgage financiers to make housing affordable for Nigerians.
Earlier, the Convener of the Summit, Dr Ugochukwu Chime, said the summit was aimed to provide platform for business leaders, policymakers, entrepreneurs, young people and stakeholders to discuss and share innovative approaches to improve lives.
He added that the summit would equip them with the mindset and tools to navigate challenges and capitalize on emerging opportunities to thrive. (NAN)