Anyone earning as low as N30,000 per month will be able to purchase a house, as they will only need to pay N10,000 monthly, which is one-third of their earnings. Similarly, someone earning N90,000 will pay N30,000.
Each housing estate under the Renewed Hope Social Housing Programme will include auxiliary facilities such as schools, clinics, and shopping malls, Dangiwa revealed. The minister emphasized the scheme’s inclusivity, covering both formal and informal sectors. “This underscores his passion for a better Nigeria, where even the most vulnerable can own a liveable home,” he said. The project, set for launch soon, targets nationwide completion within 12 months to address Nigeria’s housing deficit.
