The Federal Government has announced plans to deliver 5,000 additional mass housing units in Lagos State as part of efforts to address Nigeria’s housing deficit.
The initiative, being implemented through a partnership between the Federal Ministry of Housing and Urban Development (FMHUD) and Harmony Gardens and Estate Development Limited, will see the construction of 5,000 Harmony Renewed Hope Housing Units in Ibeju-Lekki, Lagos State.
The government also disclosed plans for a proposed 100,000-unit housing programme and a nationwide social housing initiative targeting the construction of 100 housing units in each local government area.
Speaking at the groundbreaking ceremony, the Minister of Housing and Urban Development, Muttaqha Rabe Darma, said President Bola Tinubu remained concerned about Nigeria’s estimated 15 million housing deficit, which he said affects approximately 120 million Nigerians.
The minister explained that the Federal Government was exploring different housing interventions to expand access to affordable homes across the country.
According to him, feasibility studies and cost assessments are ongoing to determine the financial requirements of the proposed nationwide housing projects, taking into account variations in construction costs across states.
He also encouraged eligible Nigerians, particularly residents of Lagos, to explore mortgage financing opportunities through the Federal Mortgage Bank of Nigeria (FMBN) and other mortgage institutions to facilitate homeownership.
The ministry is expected to open the bidding process for interested and qualified Nigerians seeking to acquire homes under the 5,000-unit Harmony Renewed Hope Housing Scheme.
Also speaking, the Managing Director and Chief Executive Officer of Harmony Gardens and Estate Development Limited, Audullahi Saheed Mosadoluwa, described the partnership as an opportunity to make homeownership more accessible through affordable and structured payment arrangements.
He said the project was designed not only to provide residential buildings but also to develop sustainable communities where Nigerians could acquire homes through mortgage financing rather than relying solely on outright payments.
Mosadoluwa urged Nigerians to take advantage of the initiative by making enquiries about available housing and mortgage options.
He particularly encouraged Nigerians in the diaspora who plan to return home, retire in Lagos or secure permanent accommodation for their families to consider the programme.
He noted that homeownership should not be limited to individuals who could afford to make full upfront payments, stressing that mortgage financing offers a more practical pathway for eligible Nigerians to acquire residential properties.
The Harmony Gardens chief executive reaffirmed the company’s commitment to delivering the 5,000 housing units within the agreed 36-month timeframe.
He added that the development would incorporate essential infrastructure, environmental considerations and sustainable community planning.
In his remarks, Damola Akinyelure of Metroscape commended Mosadoluwa for undertaking the delivery of 5,000 housing units in Lagos under the Federal Government’s Renewed Hope housing initiative.
Akinyelure also acknowledged Mosadoluwa’s involvement in the delivery of 4,000 housing units in Karsana, Abuja, describing his contributions to the country’s real estate sector as significant.
He said the Harmony Gardens managing director, popularly known as the ‘Lagos Landlord’, had played an important role in large-scale residential development, particularly through partnerships supporting government housing programmes.
Akinyelure further highlighted the role of indigenous private developers in complementing government efforts to bridge Nigeria’s housing gap, noting that public-private partnerships could help expand housing supply and improve access to affordable accommodation.
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