Toba Owojaiye reportingÂ
Abuja, Nigeria
President Bola Tinubu inaugurated the construction of Renewed Hope City in Karsana, Abuja, affirming his administration’s unwavering commitment to providing decent and affordable housing for all Nigerians. “Every Nigerian deserves to have access to shelter that is affordable and adequate,” Tinubu stated emphatically during the groundbreaking ceremony for 3,112 housing units, emphasizing the moral imperative behind the initiative.
Truth Live News gathered that the project, a cornerstone of Tinubu’s Renewed Hope Agenda, is set to deliver 20,000 housing units in the Federal Capital Territory (FCT) through a strategic Public Private Partnership (PPP) overseen by the Federal Ministry of Housing and Urban Development. “Our goal is to increase the sense of togetherness, improve the health and productivity of our citizens, and reduce pressure on city centers,” Tinubu articulated, underlining the broader societal benefits envisioned by the initiative.
Tinubu’s vision extends beyond mere housing provision, aiming to redefine residential living across the nation. “Integrated living communities will be built, equipped with amenities to enhance the quality of living for residents,” he declared, emphasizing the importance of essential infrastructure such as well-connected access roads, reliable electricity, healthcare facilities, and educational institutions.
Recognizing housing as a catalyst for inclusive economic growth, Tinubu emphasized its classification as essential social infrastructure and a priority for job creation. “At 25 direct and indirect jobs per house, the 20,000 housing units planned for the FCT alone will create 500,000 jobs,” Tinubu noted, highlighting the significant economic potential inherent in housing development.
Addressing Nigeria’s housing deficit with urgency, Tinubu outlined plans to promote Public Private Partnership collaborations to attract investments and enhance governance frameworks. “We aim to break all the barriers hindering our success in tackling the housing challenge,” Tinubu affirmed, demonstrating his resolve to overcome obstacles obstructing housing development.
Tinubu’s commitment to driving change in the housing sector is reflected in his decision to separate the Federal Ministry of Housing and Urban Development from Works, aligning its focus solely on addressing the housing crisis. “I am committed to providing the political will required to make a historic difference in our housing and urban development landscape,” Tinubu declared, underscoring his dedication to effecting transformative change.
In directing the provision of access roads to all Renewed Hope Cities and Estates projects, Tinubu reiterated his administration’s belief in ensuring accessibility and livability for all. “This is because every Nigerian deserves access to shelter that is affordable and adequate,” Tinubu reiterated, emphasizing the administration’s core principle of inclusivity and social equity.
The launch of Renewed Hope City marks a significant stride towards Tinubu’s vision of inclusive economic growth and improved living standards for Nigerians. By prioritizing housing as essential social infrastructure and implementing strategic partnerships and policies, Tinubu aims to bridge Nigeria’s housing deficit and create sustainable communities for future generations.