By Kunle Sanni
President Bola Tinubu on Thursday launched a housing estate in the satellite town in Karsana Abuja.
The project tagged, Renewed Hope Cities and Estate is a construction of 3,112 pilot housing project.
Karsana is a town in the Federal Capital Territory in Nigeria. It is an affluent bedroom community of Abuja, primarily composed of newly built wealthy and middle class Americanized homes, condos, and apartments.
Mark Chiese, the Special Adviser, Media to the Minister of Housing and Urban Development, Ahmed Dangiwa, had said in a statement issued on Wednesday that the project is part of a public-private partnership project signed in December 2023 between the Ministry and a consortium of companies.
The consortium comprises Continental Civil and General Construction Limited and Ceezali Limited and the deal is for a total of 100,000 housing units nationwide.
He said the first phase of 20,000 housing units is set to be delivered in the FCT, out of which 3,112 units are to be constructed at the Karsana site, the statement said.
“The ground-breaking exercise to be conducted by the president will mark the official launch of the Renewed Hope Cities and Estates programme, initiated by the Ministry of Housing and Urban Development to increase the housing stock in the country and bridge the prevailing housing deficit.
“The cities will have a minimum of 1,000 housing units per site in one location in each of the six geo-political zones of the country and the FCT, while the estates will have a minimum of 500 housing units per site in the remaining 30 states.