President Bola Tinubu says his government has moved beyond campaign promises on housing — with over 15,000 units now under construction across the country.

In a statement posted on his X handle on Tuesday, the President defended his administration's housing programme, saying the work is real and visible.

"What stands today is no longer a drawing. We broke ground on more than 3,000 homes at Karsana in Abuja. The 2,000-unit city at Ibeju-Lekki in Lagos has reached advanced completion with sales already underway. Across the country, more than 15,000 units are rising as I write this," Tinubu said.

Tinubu recalled that his administration promised to deliver 100,000 homes nationwide, with 50,000 units in the first phase spread across the six geopolitical zones, the FCT and other states.

He also highlighted progress on mortgage financing. According to the President, 1,859 families across 25 states have now drawn ₦128 billion in mortgages through the MOFI Real Estate Investment Fund. The loans are fixed at 9.75% interest and repayable over 20 years.

"Terms our people were told for a generation they'd never see," Tinubu said.

He added that the Family Homes Funds programme is supporting widows and low-income earners under a mandate to provide 500,000 homes and create 1.5 million jobs.

Tinubu also pointed to reforms in land administration. He said the government is working with the World Bank to move from fewer than one in ten plots being formally registered toward one in two.

"So we've moved to title land that sat for generations as dead capital," he said.

The President acknowledged that Nigeria's housing deficit remains huge — counted in the millions — and that the work is far from finished.

"I won't stand before you and declare the work finished, because it isn't. The housing deficit this nation carries is counted in the millions, and it'll take years of steady labour to close," he said.

But he insisted that housing has shifted from a welfare conversation to a national growth strategy.

"Renewed Hope was never charity. It's the right of every Nigerian to a place called home," Tinubu said.

The statement comes as the administration faces scrutiny over the pace of its housing agenda. Critics have pointed to the scale of the deficit — estimated at over 20 million units — and questioned whether the current pace can make a meaningful dent.

  • Over 15,000 housing units under construction across Nigeria.
  • 3,000+ homes at Karsana, Abuja; 2,000-unit city at Ibeju-Lekki, Lagos at advanced completion.
  • 1,859 families in 25 states have drawn ₦128 billion in mortgages at 9.75% over 20 years.
  • Family Homes Funds targets 500,000 homes and 1.5 million jobs.
  • Government working with World Bank to raise formal land registration from under 10% to 50%.