{"id":122572,"date":"2024-06-29T20:53:58","date_gmt":"2024-06-29T19:53:58","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/housing-sector-can-unlock-nigerias-1trn-economy-minister"},"modified":"2024-06-29T22:13:23","modified_gmt":"2024-06-29T21:13:23","slug":"housing-sector-can-unlock-nigerias-1trn-economy-minister","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister","title":{"rendered":"Housing sector can unlock Nigeria\u2019s $1trn economy \u2013 Minister"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Minister of Housing and Urban Development, Ahmed Dangiwa, has said that the development of Nigeria\u2019s housing market has the potential to unlock the country\u2019s targeted $1 trillion economy.<\/p>\n<p>Dangiwa disclosed this during a recent groundbreaking ceremony for the 250-housing unit Renewed Hope Estate in Akwa Ibom.<\/p>\n<p>According to him, under the current administration, Nigeria has turned into a construction site.<\/p>\n<p>He explained that the project is part of the Renewed Hope Cities and Estates programme launched by President Bola Tinubu with a groundbreaking for 3,112 Renewed Hope City in Karsana, Abuja, in February 2024.<\/p>\n<p>He added the project further covered states like Kano, with a 500-unit Renewed Hope City, and Katsina, Gombe, Yobe, and Sokoto, each with a 250-unit Renewed Hope Estate in the first round of groundbreaking.<\/p>\n<p>\u201cWe plan to turn Nigeria into a huge construction site. This estate, like the others, comprises 50 units of 1-bedroom semi-detached bungalows, 150 units of two-bedroom semi-detached bungalows, and 50 units of three-bedroom semi-detached bungalows.<\/p>\n<p>\u201cWe have designed these housing units in a way that makes them affordable for people to acquire by using organic designs to allow for future expansion as the income of beneficiaries increases,\u201d he said.<\/p>\n<p><strong>For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Minister of Housing and Urban Development, Ahmed Dangiwa, has said that the development of Nigeria\u2019s housing market has the potential to unlock the country\u2019s targeted $1 trillion economy. Dangiwa disclosed this during a recent groundbreaking ceremony for the 250-housing unit Renewed Hope Estate in Akwa Ibom. According to him, under the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":122571,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[11218,13785,254],"class_list":["post-122572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-ahmed-dangiwa","tag-housing","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Housing sector can unlock Nigeria\u2019s $1trn economy \u2013 Minister - Nigeria<\/title>\n<meta name=\"description\" content=\"The Minister of Housing and Urban Development, Ahmed Dangiwa, has said that the development of Nigeria\u2019s housing market ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing sector can unlock Nigeria\u2019s $1trn economy \u2013 Minister\" \/>\n<meta property=\"og:description\" content=\"The Minister of Housing and Urban Development, Ahmed Dangiwa, has said that the development of Nigeria\u2019s housing market ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-29T19:53:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-29T21:13:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1719682721.988359.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"445\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Housing sector can unlock Nigeria\u2019s $1trn economy \u2013 Minister\",\"datePublished\":\"2024-06-29T19:53:58+00:00\",\"dateModified\":\"2024-06-29T21:13:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister\"},\"wordCount\":215,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/06\/sm_1719682721.988359.jpg\",\"keywords\":[\"Ahmed Dangiwa\",\"housing\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/housing-sector-can-unlock-nigerias-1trn-economy-minister\",\"name\":\"Housing sector can unlock Nigeria\u2019s $1trn economy \u2013 Minister - 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