President Bola Tinubu has taken to X to give detailed account of his administration’s housing commitments and achievements under the Renewed Hope Agenda, declaring that for the first time in a generation, the entire housing value chain is moving together and that the sector has been repositioned from a welfare conversation to a national growth strategy.

In a series of posts addressed to Nigerians, the President said his administration set out to build 100,000 homes on a national scale, with 50,000 units in the first phase comprising cities of 1,000 units in each geopolitical zone and the Federal Capital Territory, and estates of up to 500 units across the remaining 30 states.

Tinubu said groundbreaking has been done on more than 3,000 homes at Karsana in Abuja, that the 2,000-unit city at Ibeju-Lekki in Lagos has reached advanced completion with sales already underway, and that more than 15,000 units are currently under construction across the country.

Beyond the physical structures, the President said his administration confronted what he described as the foundations of the housing crisis, land, construction costs, and access to finance. He said the government has been working with the World Bank to scale formal land titling from fewer than one in ten plots registered to one in two, a reform he described as converting dead capital into productive assets.

He added that the legal framework governing equipment leasing has been strengthened to give builders and contractors the certainty needed to secure machinery, while materials hubs have been established in all six geopolitical zones to reduce dependence on imported inputs and ensure construction is driven by local resources.

On affordability, Tinubu disclosed that through the MOFI Real Estate Investment Fund, 1,859 families across 25 states have accessed a combined ₦128 billion in mortgages at a fixed rate of 9.75 per cent, repayable over 20 years terms he said Nigerians had been told for a generation they would never see. He added that the Family Homes Funds programme remains focused on the most vulnerable, including widows and low-income earners, under a mandate to deliver 500,000 homes and 1.5 million jobs.

The President was candid about the scale of what remains, acknowledging in his posts that the housing deficit runs into the millions and will take years of steady labour to close. He nonetheless maintained that the progress recorded is real and structural, with every component of the housing chain land titling, construction, materials, equipment, finance, and end-user access now functioning in concert for the first time in decades.

Tinubu framed the housing drive not as a government favour but as a matter of rights, noting that real estate and construction now rank among Nigeria’s major GDP contributors and that every affordable home financed represents a factory order, a labour contract, a mortgage asset, and a contribution to national output.

“Renewed Hope was never charity,” he wrote. “It is the right of every Nigerian to a place called home.”