The Nigerian government has launched an official website for the Renewed Hope Cities, which are estates designed to offer civil servants and other citizens a chance to enjoy the benefits of the housing scheme.
During the Launch of the website in Abuja, Nigeria’s capital, the Minister of Housing and Urban Development, Ahmed Dangiwa said President Bola Tinubu has broken all the barriers to homeownership for Nigerians, promising to facilitate and promote the creation of technology systems and private sector-led initiatives that will make it simpler, easier and more convenient for Nigerians to own their homes.
“This innovative platform is groundbreaking. It provides an online, transparent, easy-to-use, integrated web-based application for the sale of homes under the Renewed Hope Cities and Estates Programme of the Ministry, which Mr. President launched earlier this year. I like to call it the One-Stop Shop for housing delivery. The platform has many benefits for homebuyers. It has a user-friendly interface to ensure that the journey to homeownership is smooth and straightforward.” he said.
The Minister further explained that the platform will ensure a seamless and secure registration process with identity verification, enabling potential homeowners to efficiently search for properties using various filters, ensuring they find homes that meet their specific needs.
According to him, the platform also integrates features that offer flexible payment options, including both one-time payments and installment plans, catering to different financial situations. It also provides easy access to mortgage plans, allowing homebuyers to check their eligibility and apply from anywhere in the world.
Also Read: Nigeria to Launch Phase One of ‘Renewed Hope’ Cities Project
He further said that the platform supports equity contributions for mortgages, streamlining financial planning for buyers. Integrated features like credit checks and bank statement generation simplify the application process adding that buyers can also apply for the release of up to 25% of their RSA balance for additional financial support.
The housing minister emphasized that it is not the first platform by the creation of the platform and not the duplication of housing delivery systems but a support of a better carefully designed, more efficient, and futuristic housing platform that builds on the lessons learned from earlier ones.
“I commend the consortium of developers for their ingenuity. Nations grow when the private sector is properly engaged. This is our strategy, and we plan to continue encouraging those who have real value to add to our efforts to deliver the Renewed Hope Vision for Housing of His Excellency, President Bola Ahmed Tinubu.”
“The housing platform will also provide the necessary data that we need to achieve our goal of implementing a Demand-Driven Strategy for Housing by helping us to gauge the nature of housing needs for different locations and demographics nationwide. We want to only facilitate the building of homes that people can afford and in locations where they are needed so that we don’t end up with houses that are fully built but abandoned.
Currently, we have Estates in 12 locations and 3 Cities across the country. The Estates are sited in Yobe, Gombe, Ebonyi, Abia, Nasarawa, Benue, Akwa Ibom, Delta, Katsina, Sokoto, Oyo and Osun. The Cities are in Abuja, Kano and Lagos,” he further said.
