President Bola Tinubu has declared that his administration will provide decent and affordable housing to the populace as part of his renewed hope agenda for the country.
Tinubu made this statement while performing the groundbreaking of the 3,112 housing-unit Renewed Hope City in Karsana, Abuja on Thursday.
According to the president, apart from the moral obligation to offer adequate and affordable housing to its citizens, his government also understood the vast potential of housing to fuel inclusive economic advancement.
He emphasized his vision to create vibrant, cohesive, and self-sustaining communities, complete with amenities aimed at improving residents’ quality of life.
Speaking further, the president stated that the Renewed Hope City in Karsana in Abuja is part of a 20,000-housing units to be delivered in the Federal Capital Territory under Public Private Partnership (PPP).
According to him, the project is being implemented by the Federal Ministry of Housing and Urban Development.
The President emphasized that the project marked the administration’s first concrete action towards implementing a New City Development Plan as outlined in the Renewed Hope Agenda.
In addition, he said that in the next couple of weeks, he would also be performing the groundbreaking of a similar project to deliver 2,500 housing units at the Ibeju–Lekki coastal city in Lagos.