The Nigerian government has taken a bold step to reshape the housing sector by investing one hundred and fifty billion naira through the Ministry of Finance Incorporated in the Real Estate Investment Fund.

This move reinforces the government’s commitment to driving homeownership and economic growth while positioning the private sector at the forefront of execution and management.

With this significant investment, the foundation has been laid for long-term sustainability under expert private sector stewardship.

According to the Ministry, this approach is expected to not only boost homeownership but also accelerate economic development through the real estate and construction industries.