Adedayo Akinwale in Abuja
The federal government has declared support for the Abuja Cooperative City Project, which is expected to provide 10,000 affordable homes for federal workers and cooperative members under the Renewed Hope Affordable Housing Agenda.
Located on 700 hectares in Jibi town, behind Mopol Barracks, Dei Dei, along Kubwa Expressway, Abuja Cooperative City will feature a range of homes from one-bedroom bungalows to five-bedroom detached houses.
The project advanced at a Stakeholder Coordination Meeting held in Abuja, which brought together cooperative executives, mortgage finance partners and senior housing officials.
It was endorsed by the Federal Ministry of Housing and Urban Development and the Federal Mortgage Bank of Nigeria.
The Secretary General of the Abuja Cooperative Federation, Prof. Emmanuel Iyaji, said for years many of their members have dreamt of owning a home in the capital but found it out of reach.
He added: “Abuja Cooperative City changes that story. It is exciting to watch government agencies, cooperatives and private partners working side by side to give ordinary working people a chance to own a safe, comfortable home and a place they can truly call their own.”
On his part, Consultant to the Abuja Cooperative City Project, Emmanuel Entonu explained that the project was about more than bricks and mortar.
According to him, We are building neighbourhoods where families can settle, grow and thrive. Seeing so many partners come together with a shared vision for affordable and well-planned homes gives me real confidence that we are creating something special for Abuja and for Nigeria.
Also, the Managing Director of Qietur Limited, Dr.Abiola Oyedotun said the gathering confirms a shared commitment to create a city that reflects innovation and inclusiveness.
He noted, “Abuja Cooperative City will generate employment, stimulate local economies and set a new standard for collaboration between public and private sectors in housing delivery across Nigeria.”
Representatives of participating cooperatives; including the Central Bank of Nigeria, the Federal Inland Revenue Service, NNPC, the Police Service Commission and the Federal Judicial Service Commission, expressed readiness to mobilise members to subscribe as soon as mortgage application forms are released.
The Abuja Cooperative City Project is expected to generate thousands of jobs in construction and related industries, strengthen local supply chains and support Nigeria’s environmental goals through the use of energy-efficient building materials and renewable energy systems.
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