Minister of State, Housing and Urban Development, Yusuf Abdullahi Ata has stated that strategic partnerships and investment are key to solving Nigeria’s housing challenges.Ata spoke during his meeting with a Vietnamese firm, Ms Allen Le and Partners, an International Investment Consulting Joint Company in Abuja.He said the primary mandate of the ministry is to provide mass housing for Nigerians and therefore the government welcomes potential collaboration with Ms Allen Le and Partners International Investment Consulting Joint Company in achieving this goal.
The Minister reaffirmed the commitment of the Ministry to addressing Nigeria’s housing challenges through strategic partnerships and investment, saying the ongoing construction of Renewed Hope Cities and Estates across locations is the current priority of the administration of President Bola President Bola Ahmed Tinubu.”Under the Renewed Hope Agenda, we are constructing 3,000 housing units each in Lagos, Abuja, and Kano for Renewed Hope Cities, and 250 housing units in each of the 36 states for the Estates,” He said.Additionally, Ata stated that the social housing initiative will deliver 77,400 housing units- 100 in each of the 774 local government areas.
He advised the Vietnamese company to make a formal proposal to the Ministry indicating their area of core competence. Ata further reiterated their openness to partnerships that align with the mandate of the ministry of delivering affordable and sustainable housing solutions for Nigerians.Accordingly, he revealed that 30 percent of the 77,400 of the social housing units will be given to those in the informal sector.Speaking earlier, the leader of the six- man delegation, Allen Ke Nam of the SV -NED Incorporated, informed the minister of their interest in contributing to Nigeria’s growing housing sector, and seek partnership in construction of affordable houses for Nigerians.He requested the Federal Government to provide the company an opportunity to invest by providing acres of land for housing construction.On how beneficial the partnership will be to Nigeria, Allen Le Nam said the collaboration will lead to job creation and skilled acquisition as new construction methods will be introduced in the course of construction.
