252,800 jobs to be created through housing–FG

Date:

No fewer than 252,800 jobs is to be created through Housing projects by the Federal government, ROYAL NEWS has gathered.

The Minister of Housing and Urban Development, Arc Ahmed Musa Dangiwa made this known while addressing stakeholders at the 2024 South-West Housing Exhibition in Ibadan at the weekend.

He added with the Renewed Hope City and Estate programme, an initiative under the Federal Ministry of Housing and Urban Development, aside jobs creation, Nigerians would have easy access to secure a decent home across the country.

Dangiwa hinted that the ease to secure a house under its new scheme has been made possible through a centralized online platform which is innovative and effective for housing delivery.

“The current achievements in the housing sector was made possible through a range of creative and diversified funding strategies to create impact under the Renewed Hope agenda of President Bola Tinubu.

“We have found a way to be innovative and to address the supply of affordable housing through a means of approaches, including budgetary provisions, public/private partnership, international collaborations and funding through agencies under the ministry.

ALSO READ: FG targets 10 million jobs for youths in five years

The Minister, who was represented at the occasion by the Federal Controller, Federal Ministry of Housing and Urban Development, Oyo State Office, Aigbokhai Elizabeth said the housing sector’s potential as a driver of economic growth is evident in the job opportunities that the renewed hope cities and estate programs have created at an average of 25 jobs per house

He equally noted that over 252,800 jobs including skilled and unskilled workers have been directly and indirectly generated by the various ongoing housing projects embarked on by the president Bola Tinubu led administration.

Earlier, The Convener and Managing Director, South West Exhibition, Dr Olayomi Rotimi Shodimu, said the exhibition is an annual convergence where stakeholders in the industry gather to discuss the challenges in the industry and proffer solutions

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Shodimu explained that the event would provide an opportunity to expose Real Estate grants in the region and what various state governments and stakeholders should do to champion a cause for development of housing in the region.

“We want to use this platform to create the next category of home owners, making it very flexible for them with a very little amount of money,” he said, adding that the region needed a new approach to affordable and sustainable housing.”

Speaking with newsmen, the Oyo state Commissioner for Lands and Urban Development, Akinfunmilayo Williams lauded the initiative of bringing together critical stakeholders in the housing provision and development in solving the housing deficit in the South West.

The commissioner said the synergy would be of greater benefit to the South West, adding that the land opportunities in all the six states of the zone would be made available to the real estate developers, assuring of the state government collaboration and support while promising to come up with policies that would ensure that the basic objective of provision of housing and decreasing the housing deficit in the States is achieved.

Other stakeholders in the housing sector across the South West shared their thoughts and propositions on how to move the sector forward

Highpoint of the 2024 South West Housing exhibition is an opportunity for participants to win a house of their own through a raffle draw.

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