Top Story

FG’s Renewed Hope Houses Get Uniform Prices, Prioritize Low, Middle-Income Earners

"₦8.5 million for a one‑bedroom semi‑detached bungalow, ₦11.5 million for a two‑bedroom, and ₦12.5 million for a three‑bedroom"

497

The Federal Ministry of Housing and Urban Development has announced a significant change to its Renewed Hope Estate housing programme with all units now to be sold at a single, nationwide price.

According to a statement from Badamasi Haiba, the Ministry’s Director of Press and Public Relations, the new uniform prices are:
* ₦8.5 million for a one-bedroom semi-detached bungalow.
* ₦11.5 million for a two-bedroom unit.
* ₦12.5 million for a three-bedroom unit.

Haiba stressed that this standardized pricing is designed to “promote affordability, transparency, and fairness,” ensuring all Nigerians have equal access to the housing program regardless of their location.

Arc. Ahmed Musa Dangiwa, Minister of Housing and Urban Development, confirmed that priority in allocation will be given to:
* Low- and middle-income earners.
* Civil servants at all levels.
* Employees in the organized private sector with verifiable income.
* Nigerians living abroad.

The Permanent Secretary in the ministry, Dr. Shuaib Belgore said several payment options are available—outright purchase, mortgage, rent‑to‑own, and installment plans—to make the units more accessible.

Persecondnews reports that applications for the newly priced units opened immediately.

Prospective buyers can apply via the Renewed Hope Housing portal or visit the ministry’s headquarters and regional offices.

“Sales of the completed units across the north and south will commence shortly, with the programme targeting 100,000 homes nationwide through a public‑private partnership involving Continental Civil & General Construction Ltd and Ceezali Ltd,” the statement said.

The Renewed Hope Cities & Estates initiative, launched under President Bola Tinubu in February 2024, aims to deliver at least 1,000 units per site in the six geopolitical zones plus the FCT, and a minimum of 500 units per site in the remaining 30 states.

The flagship project, the 3,112‑unit Renewed Hope City in Karsana, Abuja, marked the start of the rollout.

Leave a comment

Related Articles

Just In: Air Force Confirms Jet Crash in Niger Community

A Nigerian Air Force (NAF) jet reportedly crashed near Karabonde in the...

Kenyans Dominate Abuja City Half Marathon, Take Home $25,000

Kenyan athletes made a clean sweep of the men’s and women’s categories...

Defence Minister Musa Meets with Service Chiefs Behind Closed Doors

In a bid to hit the ground running on assumption of office,...

Tinubu Seeks Senate’s Confirmation of Omokri, Fani-Kayode, Other Ambassadorial Nominees

President Bola Tinubu on Thursday transmitted a fresh batch of 32 ambassadorial...

NASS to FG: Name Terrorism Financiers Now

The National Assembly has called for the public naming and prosecution of...

“Trump Is On Our Neck”: Akpabio Alerts Senate

Senate President Godswill Akpabio openly declared the intense pressure Nigerian leaders and...

Just In: US Slaps Visa Restrictions on Nigerians Linked to Christian Killings

The United States has announced new visa restrictions targeting individuals in Nigeria...

Wike, Fayose, Anyanwu, Others Get PDP’s Expulsion Certificates

The People’s Democratic Party (PDP) announced that it has formally issued certificates...

Tinubu Orders Security Chiefs to Intensify Fight Against Insecurity

President Bola Tinubu has directed Nigeria’s security chiefs to step up efforts...

Breaking: Tinubu Nominates Ex-CDS Christopher Musa as New Defence Minister

President Bola Tinubu has nominated Gen. Christopher Musa, the immediate past Chief...

Breaking: Nigeria’s Defence Minister Quits

Nigeria’s Minister of Defence, Mohammed Badaru Abubakar, has resigned from his position,...

Just In: Insecurity : Northern Govs, Emirs Converge in Kaduna for Meeting

Northern governors and traditional rulers have gathered for an urgent meeting at...

Just In: Abia Gov. Otti Meets Detained Kinsman Nnamdi Kanu in Sokoto Prison

Abia State Governor Alex Otti has visited the detained leader of the...

Presidency Vows to Unmask Terrorism Financiers in Nigeria

President Bola Tinubu’s administration is poised to reveal the identities of those...

California’s Stockton Shooting: 3 Kids Among 4 Fatally Shot at Birthday Bash

Three children were among four people who died in a mass shooting...

Gunmen Attack Kogi Church During Sunday Service, Whisk Away Pastor, Wife, Worshippers

Gunmen have struck again, this time targeting the Cherubim and Seraphim Church...

Breaking: Pres. Tinubu Nominates 32 More Ambassadors

President Bola Tinubu has forwarded 32 additional ambassadorial nominees to the Senate...

Tinubu Hails Nigeria’s Return to Global Maritime Stage After 14-Year Hiatus

Nigeria’s re-election to the Council of the International Maritime Organisation (IMO) is...

Tinubu Launches National Tax Policy Implementation Committee

President Bola Tinubu has established the National Tax Policy Implementation Committee (NTPIC)...