• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Firm Partners FG To Tackle Housing Deficit

by Samson Elijah
7 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

A real estate firm, Barms and City Real Estate Limited, has reaffirmed its commitment to partnering with the federal government to address Nigeria’s housing deficit through innovative real estate solutions.
Speaking during the unveiling of the Zircon Luxury Estate in Abuja yesterday, the CEO, Engr. Bala Muhammad, highlighted that Abuja faces a staggering housing deficit of over 65 per cent.

Advertisement

“Out of every ten Nigerians, only three are homeowners. This underscores the pressing need for innovative solutions to ensure more Nigerians have access to affordable housing,” he said.
Incorporated in 2017 and headquartered in Abuja, Barms and City focus on developing affordable housing to reduce the nation’s housing shortfall, particularly in key cities such as Abuja, Lagos, and Port Harcourt.

Muhammad noted that Barms and City has aligned its mission with the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration, which emphasizes housing for all and the creation of Renewed Hope Cities.

He revealed that, in collaboration with the Federal Ministry of Housing, the Tinubu administration has embarked on an ambitious plan to construct 10,000 housing units nationwide.

As part of its contribution to this vision, Barms and City has acquired 10,000 hectares of land in Kuje, Abuja, to launch a mass housing project in 2025. Muhammad explained that the initiative is designed to provide affordable housing for Nigerians, particularly civil servants and business owners, through various financing options.

RELATED

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

2 hours ago
Fire Destroys 10 Shops In Adamawa

Residents Protest ‘Killing’ Of 20 Villagers In Katsina

3 hours ago

He further stated that the firm has partnered with key stakeholders to ensure affordability. “The Federal Mortgage Bank of Nigeria (FMBN): Offering loans of up to N50 million, the Federal Housing Loan Board:
Providing housing loans of up to N10 million, Alternative financing options, such as Sterling Bank: Enabling flexible payment plans tailored to individuals’ financial capacities.

“This project ensures affordability by allowing individuals to pay in small installments, making homeownership accessible to both salaried workers and business owners,” he added.

Muhammad emphasized that Barms and City’s upcoming mass housing project is a testament to the company’s dedication to bridging the housing gap and supporting the federal government’s vision for sustainable development and improved living conditions for Nigerians.

Earlier, the wife of the Katsina State governor, Fatima Radda congratulated Barms and City on their achievements.

She said, “This significant stride will help contribute to the growth and development of Abuja Municipal and also bridge the gap between the government and private organizations in advancing President Bola Ahmed Tinubu’s Renewed Hope Agenda for housing in the Federal Capital Territory and beyond.”

For her part, the managing director of Barms and City, Mrs. Jemila Musa, also expressed immense pride in the company’s achievements during the grand opening of the Zircon Luxury Estate.

“It is with immense pride and gratitude that I stand before you today at this momentous occasion—the grand opening of Zircon Luxury Estate,” Musa said.

She described the day as a significant milestone in the journey of Barms and City, marked by hard work, resilience, and an unwavering commitment to redefining luxury living in Nigeria.

“This year has truly been remarkable for us. With six projects simultaneously under construction, we have pushed boundaries, embraced innovation, and continued to set new standards in real estate development,” she said.

Speaking about Zircon Luxury Estate, Musa stated, “Today, we unveil not just a project but a dream brought to life. These five-bedroom terrace duplexes are more than homes—they are an experience, a celebration of luxury and modernity tailored for those who demand nothing but the best.”

As the ribbon was cut on the estate, Musa emphasized that the moment symbolized the beginning of a new chapter—not just for Barms and City but for the Nigerian real estate sector as a whole.

“Together, we are turning dreams into addresses and redefining what it means to live in luxury,” she said.

Also, Nigerian footballer Ahmed Musa, who serves as the ambassador for Barms and City Real Estate Limited, expressed his delight at the unveiling of the estate.

“This is not new to us. I’m proud to be the ambassador of Barms and City Real Estate Limited. We are happy to unveil another mini-estate, and In Sha Allah, we hope to see more projects like this in the future,” he said.

Musa also called on private sector players in the real estate industry to collaborate with state and federal governments to address housing challenges in Nigeria.

A beneficiary of the project, Mrs. Oduagbon Henry, shared her excitement. “I feel super excited. This is actually a dream come true. When I first visited this site, it seemed impossible, but in less than a year, here I am standing with my house key. I want to thank the management and staff of Barms and City for staying true to their word and to the real estate business.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Barms and City Real Estate Limited
SendShareTweetShare
Previous Post

NSIA Insurance Takes CSR To Education Sector

Next Post

Plaza Auctioned In Nasarawa As Bidders Praise Transparent Process

Samson Elijah

Samson Elijah

You May Like

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates
News

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

2025/07/28
Fire Destroys 10 Shops In Adamawa
News

Residents Protest ‘Killing’ Of 20 Villagers In Katsina

2025/07/28
2027: Ex-Govs Fayose, Adebayo, Oni, Others Endorse Tinubu, Oyebanji For Second Term
News

2027: Ex-Govs Fayose, Adebayo, Oni, Others Endorse Tinubu, Oyebanji For Second Term

2025/07/28
Patients Stranded As Lagos Doctors Begin 3-Day Warning Strike Over Salary Deductions
News

Patients Stranded As Lagos Doctors Begin 3-Day Warning Strike Over Salary Deductions

2025/07/28
Japa: Medical Schools’ Bid To Double Students’ Intake Under Threat
Health

Nurses, Midwives To Begin 7-Day Warning Strike Tuesday

2025/07/28
Insecurity Threatens FCT Doctors’ Response To Emergencies —NMA
Health

NMA Gives Federal Gov’t 21-Day Ultimatum Over Unmet Demands

2025/07/28
Leadership Conference advertisement

LATEST

Correctional Service, REA Sign Pact To Enhance Power, Vocations For Inmates

Residents Protest ‘Killing’ Of 20 Villagers In Katsina

2027: Ex-Govs Fayose, Adebayo, Oni, Others Endorse Tinubu, Oyebanji For Second Term

Patients Stranded As Lagos Doctors Begin 3-Day Warning Strike Over Salary Deductions

Nurses, Midwives To Begin 7-Day Warning Strike Tuesday

NMA Gives Federal Gov’t 21-Day Ultimatum Over Unmet Demands

Makinde Allocates 1,000 Hectares Of Land To Curb Illegal Migration

By-election: Abas Urges Residents To Vote APC In Ibadan North

Residents Reject Oyo Govt’s Plan To Extend Rashidi Ladoja Circular Road

Nigeria Loses ₦17.9trn Yearly To Hepatitis — Minister

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.