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MOFI, AIHS Collaborate To Tackle Housing Deficit In Nigeria

byJonathan Nda-Isaiah
7 months ago
inNews
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The Africa International Housing Show (AIHS) has announced a landmark partnership with the Ministry of Finance Incorporated (MOFI) to address Nigeria’s housing deficit through strategic engagement and investment.

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The collaboration will be spotlighted during a one-day stakeholders engagement and enlightenment programme at AIHS 2025, scheduled to hold from July 27 to August 1, 2025, in Abuja.

The engagement is part of MOFI’s broader initiative to raise awareness about its housing intervention programmes and deepen its collaboration with key players in the housing finance ecosystem.

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The session will feature leading experts, policymakers, and private sector players, all focused on unlocking new solutions for affordable housing delivery in Nigeria.

With an ambitious N1 trillion target to support housing development, MOFI has already raised and fully subscribed to the first tranche of N250billion—underscoring strong investor confidence in the initiative.

The funds are expected to provide critical financial support for affordable housing projects nationwide, particularly for low-and-middle-income earners.

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MOFI’s presence at AIHS 2025 will include high-level panel discussions, technical sessions, and direct engagement with real estate developers, investors, and offtakers.

The aim is to demonstrate how structured financing and public-private partnerships can fast-track the delivery of sustainable and affordable housing across the country.

The initiative will also align with the efforts of key institutions such as the Family Homes Funds Limited (FHFL), the Federal Mortgage Bank of Nigeria (FMBN), the Nigeria Mortgage Refinance Company (NMRC), and the Federal Housing Authority (FHA), all of which play critical roles in Nigeria’s housing ecosystem.

Speaking on the partnership, AIHS founder and convener, Festus Adebayo, described the collaboration as a bold step towards transformative housing finance reform. “AIHS has always been a platform for innovation and action. MOFI’s participation will not only bring visibility to its groundbreaking work but also drive meaningful conversations around the future of housing in Nigeria.”

MOFI’s Managing Director/CEO, Dr. Armstrong Takang, emphasised that the partnership with AIHS is part of a long-term strategy to engage stakeholders and implement scalable solutions that align with global best practices.

“We are committed to leveraging capital and partnerships to close the housing gap and improve the quality of life for millions of Nigerians,” he said.

As Africa’s largest housing and construction event, AIHS 2025 is expected to attract thousands of participants, including government officials, developers, investors, financiers, and international partners.

The MOFI-AIHS collaboration is set to be a key highlight of the event, paving the way for policy innovation, investment opportunities, and practical solutions to Nigeria’s housing crisis.

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Jonathan Nda-Isaiah

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