FG woos housing investors

From Isaac Anumihe, Abuja

Minister for Housing and Urban Development, Engineer Muttaqha Rabe Darma, has reiterated the commitment of the Federal Government to create the right environment for housing investment to thrive.

The minister spoke against the backdrop of the upcoming Renewed Hope Housing Public-Private Partnership (PPP) Summit, during his meeting with the Chief Executive Officer (CEO) of Shelter Advisory Services, Dr. Olayemi Rotimi Shodinmu, the summit convener, who visited to update him on the arrangements for the summit.

“Our ministry is proud to partner with Shelter Advisory Services for the 2nd edition of the Renewed Hope Housing PPP Summit, in Abuja.

The minister described housing as more than shelter, and pointed out that it is the foundation for economic growth, job creation, and national development.

 “That is why, under the Renewed Hope Agenda of President Bola Ahmed Tinubu, we are strengthening PPP to unlock investment, scale delivery, and expand access to affordable homes”, he explained.

Earlier, the convener of the summit, Dr. Olayemi Rotimi told the minister that the summit essentially seeks to move the housing conversation beyond strategy into sustained delivery, translating policy clarity into investable projects and measurable impact for Nigerian cities and communities.

“The summit recognises PPPs as the most viable pathway for mobilising long-term finance, aligning public land and infrastructure with private sector expertise, and delivering housing at the scale Nigeria urgently requires”, he explained.

A statement revealed a technical training workshop for heads of housing agencies and developers on leveraging PPPs and joint ventures for housing development would be held the following day after the summit. The training, according to the statement, is aimed at structuring housing financing in the implementation of viable housing PPPs to accelerate housing delivery in Nigeria.

The summit’s keynote will be delivered by Elena Panaritis, Founder of Thought4Action and an international expert in property rights reform, informal economies, and PPP-driven housing development.

Vice President, Kashim Shettima, is expected at the summit as the Special Guest of Honour, while a ministerial address will be delivered by the Minister of Housing and Urban Development.