Family Homes Funds, TETFund, and Investors Advance Renewed Hope Student Housing Programme
The Federal Government, through Family Homes Funds Limited (FHFL), the Tertiary Education Trust Fund (TETFund), and private investors, is driving the Renewed Hope Student Housing Programme, a large-scale initiative designed to tackle Nigeria’s student accommodation deficit and improve living conditions across tertiary institutions.
Under President Bola Tinubu’s Renewed Hope Agenda, the programme targets the construction of 38,400 hostel bed spaces across 24 tertiary institutions, including 12 universities, six polytechnics, and six colleges of education. Each site will comprise 1,600-bed facilities equipped with ensuite rooms, reading areas, cafeterias, and other essential amenities to support a conducive learning environment.
The initiative adopts a public-private partnership model, combining government funding with private capital to accelerate delivery, ensure quality, and promote long-term maintenance. According to FHFL Managing Director, Abdul Mutallab Mukhtar, the project marks a “landmark step in improving student welfare nationwide,” adding that the goal is to “create an environment that allows students to live, learn, and thrive.”
Pilot Projects Near Completion
Pilot sites have already been launched in six institutions three in the North (Ahmadu Bello University, Zaria; Federal Polytechnic, Bauchi; and FCT College of Education, Zuba) and three in the South (Akwa Ibom State University; College of Education, Warri; and Sikiru Adetona College of Education, Ogun State).
FHFL confirmed that the Warri and Akwa Ibom projects are nearing completion and will soon be commissioned. The next construction phase is expected to expand to eight additional institutions, extending the programme’s impact to all six geopolitical zones.
Economic and Social Impact
Beyond addressing accommodation shortages, the student housing initiative is expected to stimulate local economies through job creation, material sourcing, and small business opportunities in host communities. It also seeks to attract private sector investment into Nigeria’s education infrastructure, a sector long constrained by limited public funding.
Mukhtar emphasized that sustainable financing and project discipline remain central to the initiative’s design, ensuring the facilities are both affordable and durable.
Conclusion
The Renewed Hope Student Housing Programme represents a strategic intervention in Nigeria’s tertiary education system one that aligns infrastructure delivery with economic development. As the initiative scales up, it is positioned to redefine student housing standards and set a precedent for private investment in public education infrastructure.
