The Federal Government has unveiled strict measures to tackle Nigeria’s housing crisis by imposing heavy financial penalties on owners of unoccupied buildings.
With millions of Nigerians struggling to afford decent housing while many properties remain vacant, the government aims to make hoarding real estate an expensive decision.
Housing and Urban Development Minister Ahmed Musa Dangiwa explained that while property owners cannot be forced to lease or sell, financial disincentives can discourage speculation. For instance, if a property valued at N5 million annually remains vacant, a N3 million ground rent could make it too costly to leave the building unoccupied. This approach is expected to push owners to either rent or sell their properties.
To execute this policy, the government has launched a nationwide survey to identify empty . Legal experts are currently reviewing strategies to ensure the policy does not infringe on property rights while compelling owners to contribute to the housing market.
In addition to tackling vacant homes, the government is also cracking down on substandard construction within the Renewed Hope City housing initiative. Minister Dangiwa revealed that some contractors have been using inferior materials and cutting corners, hoping to conceal defects with finishing touches.
In response, the government has vowed to take strict action, including immediate contract termination for any contractor found guilty of poor-quality work.
To strengthen oversight, the Federal Ministry of Housing and Urban Development has deployed teams of experts—including architects, quantity surveyors, and structural engineers—across all 36 states.
These professionals are ensuring that construction projects meet national safety and quality standards, preventing shoddy workmanship that could endanger lives.
The government’s bold stance signals a major shift in housing regulations. As these policies take effect, many Nigerians remain hopeful that they will lead to a more affordable and quality-driven housing market. However, concerns persist about how property owners and developers will respond to the new rules.
