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Budget 2025: Minister seeks increased funding to deliver affordable housing to Nigerians

* Says insufficient budgetary provisions, allocation and high cost of building materials, pose a challenge

by FATIMA ABDULLAHI NUHU
January 21, 2025
in Nation
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Budget 2025: Minister seeks increased funding to deliver affordable housing to Nigerians
R-L: The Minister of Housing and Urban Development, Architect Ahmed Musa Ɗangiwa, at the budget defence session

R-L: The Minister of Housing and Urban Development, Architect Ahmed Musa Ɗangiwa, at the budget defence session

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R-L: The Minister of Housing and Urban Development, Architect Ahmed Musa Ɗangiwa, with the Minister of State, Hon. Yusuf Abdullahi Ata, at the budget defence session

The Minister of Housing and Urban Development, Architect Ahmed Musa Ɗangiwa, has highlighted the urgent need for increased budgetary allocation to deliver the presidential mandate of providing affordable housing and reducing the housing deficit.

The Director of Press and Public Relations in the ministry, Salisu Badamasi Haiba, said in a press release that the minister made the statement during the ministry’s 2025 budget defence before the Senate Committee on Lands, Housing and Urban Development, and the House of Representatives Committee on Housing and Habitat respectively, on Monday.

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The Senate Committee is under the chairmanship of Senator Aminu Waziri Tambuwal, while the House of Representatives Committee is headed by Hon. Abdulmumin Jibrin.

Chairman of the Senate Committee (top) and that of the House (below) during the defence sessions

Ɗangiwa, together with the Minister of State, Hon. Yusuf Abdullahi Ata, led the management staff of the ministry to the defence session. He also presented the 2023/2024 budget performance of the ministry.

In his presentation, he highlighted the ministry’s priorities for 2025, emphasising the need to complete ongoing housing projects, slum upgrading, and urban renewal programmes across the nation.

Ɗangiwa also listed the focus areas of his ministry in the 2025 budget, which includes the construction of 20,000 housing units under the Renewed Hope Housing Agenda, and completion of National Housing projects in over 20 states and the FCT.

The minister urged the committee to increase budget allocations in seven key areas which, he said, were critical to the transformative policies and programmes of President Tinubu to put the economy on the path of recovery and growth.

The seven key areas were:

  1. Increased funding for the completion of ongoing housing projects;
  2. Enhanced allocation for slum upgrading and urban renewal programmes;
  3. Additional resources for the National Housing projects;
  4. Improved funding for affordable housing initiatives;
  5. Enhanced allocation for housing infrastructure development;
  6. Increased support for housing research and development, and
  7. Improved funding for housing policy and regulatory framework development.
The two ministers with the directors of the ministry at the event

According to Haiba, both committees expressed their support for the vision and commitment of the ministry to turn around the housing sector and assured the ministry of their collaboration to assist the ministry to meet its demands and obligations.

Tags: 2025 BudgetAhmed Musa DangiwaFederal Ministry of Works and HousingNational AssemblyYusuf Abdullahi Ata
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