{"id":1087,"date":"2023-11-27T12:30:35","date_gmt":"2023-11-27T12:30:35","guid":{"rendered":"https:\/\/arritoneconsult.com.ng\/blog\/?p=1087"},"modified":"2023-11-27T12:30:36","modified_gmt":"2023-11-27T12:30:36","slug":"minister-initiates-housing-reform-team-to-propel-affordable-homes","status":"publish","type":"post","link":"https:\/\/arritoneconsult.com.ng\/blog\/2023\/11\/27\/minister-initiates-housing-reform-team-to-propel-affordable-homes\/","title":{"rendered":"Minister Initiates Housing Reform Team to Propel Affordable Homes"},"content":{"rendered":"\n

In a strategic move to revolutionize Nigeria’s housing sector, Minister of Housing and Urban Development, Ahmed Dangiwa, Minister Initiates Housing Reform team comprising experts and stakeholders. The team’s primary objective is to develop a comprehensive framework for housing agencies under the ministry’s supervision, ensuring the provision of affordable homes for Nigerians.<\/p>\n\n\n\n

Dangiwa, during a meeting with the Housing Development Advocacy Network delegation, highlighted the team’s focus on legislative amendments, including the Land Use Act, 1978; National Housing Fund Act, 1992; Federal Mortgage Bank of Nigeria Establishment Act, 1993; and Federal Housing Authority Act, 1973. The reform team, comprising representatives from HDAN, agencies, professional bodies, and academia, will review existing laws, streamline previous reform blueprints, and identify areas requiring enhancement in efficiency, transparency, and accountability.<\/p>\n\n\n\n

Addressing the need for comprehensive housing data, Minister Initiates Housing Reform the establishment of a ministry task force collaborating with the National Population Commission to design survey instruments for housing-related questions during the upcoming population and housing census.<\/p>\n\n\n\n

Furthermore, the minister disclosed the ministry’s commitment to delivering 34,500 units of multi-level flats, terrace and detached bungalows, and duplexes across the country, targeting low-medium and high-income earners under Phase 1 of the Renewed Hope Cities. Additionally, 500 affordable bungalows per site in each of the remaining thirty states are underway through the Renewed Hope Estates initiative.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Dangiwa emphasized sponsorship partnerships involving the Federal Ministry of Housing and Urban Development’s budget, the Federal Mortgage Bank of Nigeria, and collaborations with reputable developers through Public Private Partnerships. Ownership options for these housing units include mortgage loans, rent-to-own, and outright purchase.<\/p>\n\n\n\n

Responding to concerns raised by the Housing Development Advocacy Network delegation, Dangiwa acknowledged the critical role of the ministry in driving socio-economic development. The delegation urged the minister to address issues related to land Certificate of Occupancy pricing and establish a committee to review outstanding housing bills at the National Assembly. The collaborative efforts between the ministry and stakeholders aim to redefine shelter as a catalyst for socio-economic growth and local economic development.<\/p>\n\n\n\n

For more news visit https:\/\/arritoneconsult.com.ng\/blog<\/a><\/p>\n\n\n\n

For more educational post visit examhood.com.ng<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In a strategic move to revolutionize Nigeria’s housing sector, Minister of Housing and Urban Development, Ahmed Dangiwa, Minister Initiates Housing Reform team […]<\/p>\n","protected":false},"author":4,"featured_media":1088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-1087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nMinister Initiates Housing Reform Team to Propel Affordable Homes - Arritone Consult<\/title>\n<meta name=\"description\" content=\"Minister Initiates Housing Reform, forming a team for affordable homes and legislative changes, transforming Nigeria's housing sector.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/arritoneconsult.com.ng\/blog\/2023\/11\/27\/minister-initiates-housing-reform-team-to-propel-affordable-homes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minister Initiates Housing Reform Team to Propel Affordable Homes - 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