Federal Government to Construct 2,000 Housing Units in Eight States

Date:

June 24, 2024.

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Azonuchechi Chukwu.

The Federal Government is set to begin construction on an additional 2,000 housing units in eight states across the South and North Central geopolitical zones under the Renewed Hope and Estates programme.

The housing units will be built in Ebonyi, Abia, Akwa Ibom, Delta, Osun, Oyo, Benue, and Nasarawa States.

The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa will officially kick off the construction between June 26 and July 6, 2024, according to a Ministry’s official website statement.

This planned launch comes barely a month after the Federal Government began constructing 1,500 housing units in five northern states: Katsina, Yobe, Gombe, Sokoto, and Kano.

“The Hon. Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa is set to officially flag off construction work for an additional 2,000 housing units in eight (8) States in the South and North Central zones of the country in continuation of the groundbreaking ceremonies for Renewed Hope Cities and Estates. States slated for the exercise include Ebonyi, Abia, Akwa Ibom, Delta, Osun, Oyo, Benue and Nasarawa,” the statement read in part.

According to the statement, the construction schedule begins with a 250-unit housing project in Ebonyi State on June 26, 2024, followed by 250 units in Abia on June 27.

The project will continue with 250 units in Akwa Ibom on June 28 and 250 units in Delta State on June 29. Further construction includes 250 units in Osun on July 2, 250 units in Oyo on July 3, 250 units in Benue on July 5, and concludes with 250 units in Nasarawa on July 6.

The statement further detailed that each of these 250-unit housing projects will comprise 50 units of one-bedroom semi-detached bungalows, 100 units of two-bedroom semi-detached bungalows, and 50 units of three-bedroom semi-detached bungalows.

Additionally, the construction of these housing projects is expected to generate approximately 50,000 skilled and unskilled jobs, averaging 25 jobs per unit, thereby stimulating the local economies of the states involved.

The statement also highlighted that all housing projects under the Renewed Hope and Estates programme, totalling 6,612 units—including 3,112 units in Abuja, 1,500 units in Katsina, Yobe, Gombe, Sokoto, and Kano States, and the 2,000 units planned to begin next week—are scheduled for completion and commissioning by the end of 2024, ensuring they will be available for occupancy by Nigerians in need. (www.naija247news.com).

Chukwu Azochukwu, The Naija247news
Chukwu Azochukwu, The Naija247newshttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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