President Bola Tinubu is set to inaugurate a significant housing unit project in the nation’s capital.
The groundbreaking ceremony for the construction of a 3,112 housing unit project in Karsana District, Phase 3, Federal Capital Territory, is scheduled for Thursday.
The initiative, known as the Renewed Hope Cities and Estates Programme, is part of the Ministry of Housing and Urban Development’s efforts to provide affordable housing across the country.
According to a statement released by the ministry, President Tinubu’s involvement underscores the government’s commitment to tackling the housing challenge in Nigeria.
The Renewed Hope Cities and Estates Programme aims to deliver 1,000 housing units in each of the 36 States and 4,000 units in the Federal Capital Territory (FCT).
This ambitious plan, set to span the next decade, seeks to bridge the housing gap and improve living conditions for Nigerians.
Key stakeholders involved in the implementation of the programme include the Federal Mortgage Bank, the Federal Housing Authority, and various public-private partnerships (PPP).
Minister of Housing and Urban Development, Arc. Musa Dangiwa has been actively coordinating efforts to secure land allocations for the project.
President Tinubu’s participation in the groundbreaking ceremony signifies a crucial step forward in the government’s commitment to providing adequate housing for its citizens.
The event in Abuja on Thursday marks the beginning of a series of groundbreaking ceremonies planned for selected sites across the country as part of the Renewed Hope Cities and Estates Programme.