President Bola Tinubu has flagged off the construction of 3,112 housing-unit Renewed Hope City in Karsana, Abuja.
The project is part of 20,000 housing units to be delivered in the Federal Capital Territory under a Public Private Partnership Arrangement being implemented by the Federal Ministry of Housing and Urban Development.
Speaking at the event on Thursday, February 8, 2024, Tinubu, who reiterated his administration’s resolve to provide decent and affordable housing for Nigerians, said his vision is to build dynamic, integrated, and self-sustaining communities, equipped with amenities to enhance the quality of living for residents.
The president said: “This includes well-connected access and internal roads, provision of reliable and uninterrupted electricity, healthcare facilities to offer accessible and quality medical services, and educational institutions to provide learning environments that nurture knowledge and skills.
“Our goal is to increase the sense of togetherness, improve health and productivity of our citizens, and reduce pressure on city centres. On this note, I am today directing the Minister of the Federal Capital Territory and the Minister of Works to provide access roads to all Renewed Hope Cities and Estates Projects to increase accessibility and livability starting with this site in Karsana.
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“This is because my administration believes that every Nigerian deserves to have access to shelter that is affordable and adequate.”
President Tinubu, according to a statement issued by his spokesman, Ajuri Ngelale, stated that beyond the moral imperative of providing decent and affordable housing for Nigerians, his administration also recognises the immense potential of housing as a catalyst for inclusive economic growth.
Speaking on the determination of his administration to ensure that Nigeria’s housing deficit is bridged, the president said he is resolved to facing this challenge with the boldness and urgency that it requires.
President Tinubu added that he is committed to providing the Federal Ministry of Housing and Urban Development with the political will that is required to ensure that his administration makes a historic difference in the housing and urban development landscape of the country.
He added: “I am happy to hear that the Federal Ministry of Housing and Urban Development has already awarded contracts for the construction of 200 housing units in 12 states (2 per geo-political zone) as Renewed Hope Estates. In this regard, the minister is to proceed with the groundbreaking ceremonies in the 12 locations and the estates must be completed before the end of 2024.
“I am also delighted to hear that the Renewed Hope Cities are being developed in three locations: Kano 1,500 housing units; Lagos 2,500 housing units and Abuja 3,112 under a variety of funding arrangements. The Ministry’s plan to kickstart a National Urban and Slum Upgrading Programme covering 26 sites nationwide is also commendable.”
President Tinubu said in the next couple of weeks he will also be performing the groundbreaking of a similar project to deliver 2,500 housing units at the Ibeju–Lekki area of Lagos.
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