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Nigeria and Saudi Arabia Strengthen Ties in Housing Development

Simon Osuji by Simon Osuji
February 3, 2026
in Real Estate
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On the sidelines of the 2026 Real Estate Future Forum (RFF 2026) held in Riyadh, Nigeria advanced its commitment to attracting foreign investment by holding a key bilateral meeting. The Minister of Housing and Urban Development, Ahmed Musa Dangiwa, engaged in discussions with his Saudi Arabian counterpart, the Minister of Municipal and Rural Affairs and Housing (MOMRAH), Majed bin Abdullah Al-Hogail, and other high-ranking Ministry officials.

During this meeting, Minister Dangiwa presented Nigeria’s ambitious “Renewed Hope Housing Programme,” emphasizing its extensive scope, well-defined implementation strategy, and its attractiveness to private investment. He also highlighted the Federal Government’s initiative to establish Building Materials Manufacturing Hubs. This initiative seeks to boost local production, lower construction costs, generate employment opportunities, and strengthen the overall construction industry value chain within Nigeria.

“Nigeria is strategically positioning housing not only as a fundamental social benefit, but also as a significant catalyst for economic growth, industrial advancement, and increased investment,” stated Minister Dangiwa. “Through the Renewed Hope Housing Programme, we are committed to delivering housing solutions across all income brackets, supported by transparent policies, financially sound Public-Private Partnership frameworks, and strong underlying demand.”

He further emphasized Nigeria’s proactive pursuit of strategic alliances with reputable Saudi Arabian institutions and businesses.

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“We are eager to deepen our collaboration with the Kingdom of Saudi Arabia through MOMRAH, seeking introductions to respected Saudi developers, manufacturers, financial institutions, and technology partners who are prepared to enter the Nigerian market. Our Building Materials Manufacturing Hubs, in particular, present a compelling opportunity for Saudi investors to participate in local production and generate long-term value,” the Minister emphasized.

**Related Developments**

In response, Minister Al-Hogail commended Nigeria’s reform-driven approach to housing and expressed a willingness to foster greater institutional cooperation between the two nations.

“Saudi Arabia recognizes the magnitude of Nigeria’s housing needs and acknowledges the seriousness of the reforms being implemented to encourage private sector investment,” Minister Al-Hogail remarked. “There are evident synergies between our respective housing and urban development objectives, particularly in the areas of large-scale housing projects, innovative construction technologies, and the promotion of local manufacturing.”

He further indicated that MOMRAH would actively support engagement with relevant Saudi stakeholders.

“We recognize the value in connecting Nigerian counterparts with reputable Saudi entities possessing the necessary experience, financial resources, and technical expertise to make a substantial contribution to Nigeria’s housing and construction sectors,” he added.

This meeting underscores Nigeria’s strategic approach of utilizing international platforms like RFF 2026 to attract investment, exchange best practices, and cultivate strategic partnerships that will accelerate housing delivery and industrial growth, all in line with the Renewed Hope Agenda.

**The Federal Ministry of Housing and…** (The passage ends abruptly here, so I’ve maintained that ending.)



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