The Federal Government plans to establish Building Materials Manufacturing Hubs across Nigeria’s six geopolitical zones to reduce construction costs, cut reliance on imports, and expand access to affordable housing under the Renewed Hope Agenda

The Federal Government launches a ₦250bn housing intervention fund to accelerate affordable housing delivery, expand local building material production, and strengthen economic growth under the Renewed Hope Agenda.

Governor Peter Mbah announces a plan to deliver 15,000 housing units for civil servants and middle-income earners by 2026, alongside smart city, industrial, and educational developments in Enugu State.

The Federal Government has listed the commercial tranche of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) on the Nigerian Exchange Group in Lagos, strengthening its strategy to mobilise private capital for affordable housing and deepen Nigeria’s financial markets.

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, will on Thursday, 18 September 2025, flag off the construction of 12 new road projects across Abuja and commission two completed access roads.

The Central Bank of Nigeria (CBN) has indicated that lower interest rates may be on the horizon as inflationary pressures begin to moderate, raising prospects for cheaper credit and renewed private sector investment.