Nigeria and Saudi Arabia have moved to deepen bilateral cooperation in housing development, construction technology, and local building materials manufacturing, following high-level talks on the sidelines of the 2026 Real Estate Future Forum (RFF 2026) in Riyadh.
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa held a bilateral meeting with Saudi Arabia’s Minister of Municipal and Rural Affairs and Housing (MOMRAH), Majed bin Abdullah Al-Hogail, where both sides explored areas of strategic collaboration to attract private capital and accelerate large-scale housing delivery in Nigeria.
At the meeting, Dangiwa presented Nigeria’s Renewed Hope Housing Programme, describing it as a flagship intervention designed to deliver homes at scale across income segments through structured public-private partnerships.
He also outlined the Federal Government’s Building Materials Manufacturing Hubs initiative, aimed at boosting local production, lowering construction costs, creating jobs, and strengthening the construction value chain.
According to the minister, “the Federal Government is repositioning housing as a key economic growth driver rather than only a social intervention.
”The Renewed Hope Housing Programme is backed by clear policies, bankable PPP frameworks and strong demand fundamentals.”
He noted that Nigeria is seeking strategic partnerships with credible Saudi developers, manufacturers, financiers, and technology providers, particularly in the area of local building materials production.
“Our Building Materials Manufacturing Hubs offer a compelling opportunity for Saudi investors interested in local production and long-term value creation in Nigeria,” he said.
In his response, Al-Hogail welcomed Nigeria’s reform-driven housing agenda and expressed Saudi Arabia’s readiness to strengthen institutional cooperation with Nigeria.
He said Saudi authorities recognise Nigeria’s significant housing demand and the efforts being made to unlock private investment in the sector, noting that both countries share common objectives in large-scale housing delivery, construction innovation, and local manufacturing.
“There are clear areas of synergy between our housing and urban development goals. MOMRAH would support engagement between Nigerian institutions and reputable Saudi firms with the required capital, expertise, and technical capacity,” Al-Hogail said.
The engagement underscores Nigeria’s strategy of using global platforms such as RFF 2026 to attract foreign investment, exchange best practices, and forge partnerships to accelerate housing delivery and industrial development under the Renewed Hope Agenda.
The Federal Ministry of Housing and Urban Development said follow-up engagements would continue with MOMRAH and prospective Saudi partners to translate the discussions into concrete investment opportunities and project-level collaborations in Nigeria.
