The Federal Government says President Bola Ahmed Tinubu’s Renewed Hope housing programme has commenced the construction of more than 10,000 housing units across 14 states and the Federal Capital Territory to expand access to affordable homes and improve living standards.
The Minister of Information and National Orientation, Mohammed Idris, stated this in Abuja at the 20th Anniversary Gala and Award Night of Abuja Property Development Company (APDC) Limited.
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Idris explained that the housing projects, implemented under the Renewed Hope Cities and Estates Programme, demonstrate the government’s commitment to addressing Nigeria’s housing deficit through sustained investment, strategic partnerships and innovative financing.
He said improving access to mortgage financing and strengthening collaboration with property developers were essential to making homeownership more accessible to Nigerians.
The Minister, who previously served as Chairman of APDC’s Board of Directors, congratulated the company on its 20th anniversary and commended its management, staff and stakeholders for their contributions to its growth.
He urged property developers to maintain high standards, adopt responsible planning practices and ensure that their projects address the needs of families and communities.
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According to him, property development goes beyond constructing buildings to creating environments where families can live, businesses can flourish and communities can thrive.
Idris added that well-planned property developments contribute to urban growth, generate employment and stimulate economic activities.
At the event, APDC presented the Minister with an award in recognition of his service as the company’s former Board Chairman.
The award acknowledged his leadership during his two tenures and credited his stewardship with contributing to the company’s development, organisational structure and reputation.
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The Minister expressed optimism that APDC would build on its 20 years of experience to contribute further to Abuja’s development through quality housing and responsible property development.
Those present at the event included the Group Managing Director of Abuja Investment Company Limited, represented by Dr Abiodun Akambi; the Acting Managing Director of APDC, Mr Akeem Aderogba; former Managing Director, Mallam Lawal Magaji; as well as the company’s executives, management and staff.