FHA Unveils 50-Unit Abuja Estate, Expands Housing Initiative To 17 States
The management of the Federal Housing Authority (FHA) on Tuesday inaugurated the FHA Express View Estate Phase 1 and the new FHA Complex in Lugbe, Abuja.
The Express View Estate, which consists of 50 units of terraces and flats, is a partnership between FHA and BAM Properties.
Speaking at the inauguration of the two projects in Abuja, the Minister of Housing and Urban Development, Architect Ahmed Musa Dangiwa, called for stronger partnerships and innovative funding approaches to address Nigeria’s housing deficit.
He said that the government alone cannot provide the scale of resources required.
Represented by the Permanent Secretary, Federal Ministry of Housing and Urban Development, Dr Shuaib Belgore, Dangiwa said the way forward lies in harnessing the collective strengths of public and private institutions.
“To change the story of housing in Nigeria, we need stronger partnerships between FHA, FMBN, developers, mortgage institutions, cooperatives, pension funds, and the private sector,” he said.
According to him, financing housing delivery at scale requires mobilising resources beyond government coffers, tapping into pension funds, mortgage financing, cooperative structures, and other innovative channels to reduce costs and make homes more affordable.
The minister noted that housing remains central to President Bola Tinubu’s Renewed Hope Agenda, describing it as a foundation for dignity, security, family life, and stronger communities.
He commended FHA’s Managing Director, Hon. Oyetunde Ojo, and his team for the quality of delivery, and urged the Authority to deepen collaborations with other housing and financial institutions to unlock large-scale development.
Earlier, Ojo had disclosed that since assuming office 17 months ago, the management had prioritised land acquisition and project completion to accelerate housing delivery.
The FHA boss explained that the Authority has commenced construction of Renewed Hope Estates in 17 states under the first phase, having concluded procurement processes, while also adopting a phased completion model for inherited projects to deliver homes faster.
On the FHA Complex, he said the initiative was conceived to provide a more conducive working environment for staff and generate revenue.
The complex comprises modern office spaces and accommodates the FHA Mortgage Bank.
To enhance affordability, Ojo announced that future projects would adopt a semi-finished model where essential components such as plumbing, wiring, and prototype exteriors are provided, while allottees complete finishing to their taste.
FHA Unveils 50-Unit Abuja Estate, Expands Housing Initiative To 17 States is first published on The Whistler Newspaper
