The Federal Government has intensified efforts to bridge Nigeria’s housing deficit by initiating high-level discussions with Sinoma New Materials Nigeria Company Limited.

The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, met with the global building materials firm on Wednesday to explore innovative construction technologies that could drastically reduce the cost of homeownership for low- and middle-income Nigerians.

During the meeting in Abuja, Dangiwa emphasized that the current administration is moving away from traditional building methods, which have struggled to meet the massive demand for affordable units. The Minister noted that for the “Renewed Hope” housing agenda to succeed, Nigeria must adopt scalable, modern technologies that cut down both construction timelines and material costs. He challenged Sinoma to provide practical demonstrations of their fiber cement boards and other eco-friendly solutions to prove their durability in the Nigerian climate.

“We want a situation where the average Nigerian worker can achieve homeownership with their salary within the period of their service,” Dangiwa stated. He further explained that the government is planning to establish building materials manufacturing hubs across the country. If Sinoma’s technology proves viable at scale, the firm could become a primary partner in these hubs, facilitating local production and creating jobs while driving down the price of essential components like wall panels and roofing.

Chairman of Sinoma New Materials, Mr. Zhang Hui, expressed the company’s readiness to invest in the Nigerian market through technology transfer and local manufacturing. The partnership is expected to lean heavily on Public-Private Partnership (PPP) models, where the government provides land and the private sector brings technical expertise. Under this framework, the Federal Mortgage Bank of Nigeria (FMBN) could potentially off-take completed units, allowing developers to recoup investments quickly while providing citizens with flexible payment plans.