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Nigeria At 64 Marks New Era Of Financial Freedom, Sustainable Growth – Dangiwa

Bidon Mibzar by Bidon Mibzar
2 years ago
in News
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The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has declared that Nigeria’s 64th Independence Anniversary marks the dawn of a new era of prosperity, urging Nigerians to view the current challenges as essential sacrifices for the nation’s sustainable development.

In his Independence Day goodwill message, the Minister emphasised that this year’s celebration will be remembered as a turning point, where the country begins to fully harness its resources for the collective benefit of all Nigerians.

“The hemorrhaging of our national wealth has been stopped under President Tinubu. We are transitioning into a new phase where Nigeria’s resources are being channeled into critical infrastructure, driving industrial growth, strengthening the economy, and making our country a more prosperous and livable place.

“Under the Renewed Hope Agenda, we are witnessing unprecedented reforms, particularly in housing and urban development. Our sector has seen transformational strides never before achieved, the minister stated,” he stated.

He detailed significant achievements under the Housing Ministry, noting that the federal government is currently constructing 6,612 housing units across 13 states and the FCT, with many nearing completion. The housing minister also underscored the Ministry’s commitment to a ‘Zero Tolerance for Uncompleted Projects’ policy and highlighted ongoing urban renewal and slum upgrading initiatives in over 26 locations nationwide which he said were providing essential infrastructure such as roads, water, electricity, and streetlights.

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Additionally, the Minister spotlighted the forthcoming National Social Housing Fund, a demonstration of President Bola Tinubu’s pledge to make homeownership accessible to all Nigerians, regardless of income.

“We are also collaborating with the World Bank and exploring other avenues to improve land administration, aiming to unlock more than $300 billion in dormant capital,” he added.

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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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