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Federal Govt Seeks Private Sector Partnership To Unlock Investment In Housing

Bidon Mibzar by Bidon Mibzar
6 months ago
in Business
Lagos housing
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The Federal Government has reaffirmed its commitment to creating an enabling environment for housing investment, as part of efforts to accelerate affordable housing delivery and deepen private sector participation in the sector.

Minister of Housing and Urban Development, Muttaqha Rabe Darma, stated this ahead of the second edition of the Renewed Hope Housing PPP Summit scheduled for May 12, 2026, in Abuja.

Darma spoke while receiving the Chief Executive Officer of Shelter Advisory Services, Dr. Olayemi Rotimi Shodinmu, who visited the ministry to brief him on preparations for the summit.

According to the minister, the Federal Ministry of Housing and Urban Development is partnering with Shelter Advisory Services to drive conversations and investments capable of transforming Nigeria’s housing sector through Public-Private Partnerships (PPPs).

“Our ministry is proud to partner Shelter Advisory Services for the second edition of the Renewed Hope Housing PPP Summit holding at the Yar’Adua Centre on May 12,” he said.

Darma described housing as a critical driver of economic development, stressing that beyond providing shelter, the sector has the capacity to stimulate employment, attract investment and boost national productivity.

He explained that under the Renewed Hope Agenda of President Bola Ahmed Tinubu, the government is prioritising stronger PPP frameworks to unlock investments, scale housing delivery and expand access to affordable homes across the country.

Speaking earlier, Shodinmu said the summit was designed to move discussions on housing beyond policy conversations to practical implementation and measurable results.

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According to him, the gathering will focus on translating government policies into bankable projects capable of attracting sustainable financing and improving housing delivery in Nigerian communities.

He identified Public-Private Partnerships as the most practical pathway for mobilising long-term housing finance, aligning public land and infrastructure with private sector expertise, and delivering homes at the scale required to tackle Nigeria’s housing deficit.

Shodinmu added that a technical workshop for heads of housing agencies and developers would hold a day after the summit to strengthen capacity on leveraging PPPs and joint venture models for housing development.

The training, he noted, would focus on structuring housing finance and implementing viable PPP arrangements aimed at accelerating housing delivery nationwide.

The summit will feature a keynote address by Elena Panaritis, founder of Thought4Action and an international expert on property rights reform, informal economies and PPP-driven housing development.

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Bidon Mibzar

Bidon Mibzar

Bidon Mibzar is a Correspondent and Property Journalist with Leadership Newspaper, with over 16 years of experience at the organisation. His reporting background spans crime, business, and foreign affairs, and he is recognised for breaking news coverage, in-depth features, and high-profile exclusive interviews.

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