The Nigerian Government revealed that President Bola Tinubu plans to create new cities in West Africa’s largest economy.
This was revealed in a statement by Minister of Housing, Arc Ahmed Musa Dangiwa in a meeting with the leadership of the Nigeria Institute of Builders, NIOB.
The Minister said the President sees the building as a tool to boost urban development.
The Minister noted that housing development is a catalyst for economic growth, and poverty reduction Housing and urban development minister.
He added that President Bola Ahmed Tinubu is desirous to create new cities and provide liveable houses for Nigerians. Arc Dangiwa spoke when the leadership of the Nigeria Institute of Builders, NIOB, paid him a courtesy visit to his office.
Meanwhile, the Minister noted that FG is planning a few amendments to the National Building Code which he said needed to be done, in collaboration with the NIOB and other professional bodies to study it and bring out grey areas that would require some adjustments, adding:
He added that the NIOB will be invited to be among the drivers of the housing sector reform committee which President Tinubu mandated the Ministry of Housing to form in order to reform the entire housing sector to function effectively.
Also, Nigeria’s Federal Mortgage Bank of Nigeria would also be recapitalized to enable it to function effectively to deliver its mandate to Nigerians, he added.
President of Nigerian Institute of Builders, Bldr. Alderton Ewa Ewa, also urged that this could lead to actualizing President Tinubu’s Renewed Hope Agenda in the housing sector.
