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28 Million Housing Deficit: Harmony Gardens’ HOME Scheme Offers Fresh Hope For Nigerians

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28 Million Housing Deficit: Harmony Gardens’ HOME Scheme Offers Fresh Hope For Nigerians

28 Million Housing Deficit: Harmony Gardens’ HOME Scheme Offers Fresh Hope For Nigerians

 

Nigeria’s housing crisis continues to deepen, with experts estimating a deficit of over 28 million units. Reports has revealed that the country builds far fewer than the 700,000 homes required annually over the next two decades to bridge this gap. Mortgage financing remains another major challenge, as less than 5% of Nigerians currently access mortgages due to high interest rates, limited repayment tenure, and bureaucratic hurdles in land administration.

However, hope is emerging through innovative public–private collaborations. At the BHD2024 Summit, attended by over 9,400 housing and finance stakeholders, Harmony Gardens & Estate Development Ltd, under the leadership of Hon. (Dr.) Audullahi Saheed Mosadoluwa, popularly known as Mr-Ibile, unveiled an ambitious model designed to change Nigeria’s homeownership narrative.

 

From its Lekki Aviation Town project, which started as bare land and has now grown into a thriving estate with over 500 housing units completed as of July 2025, Harmony Gardens launched the “Home Ownership Made Easy (HOME)” scheme in collaboration with the Ministry of Housing.

 

The HOME scheme introduces a simplified mortgage structure that allows Nigerians to secure a home with just 10% initial deposit, move in after paying 30% of the cost, access up to ₦50 million from the Federal Mortgage Bank of Nigeria (FMBN) at single-digit interest rates.

 

This bold approach stands in sharp contrast to Nigeria’s conventional mortgage system, where interest rates hover between 32% and 38%, locking millions of families out of affordable homeownership.

 

Already, the results are encouraging as 3,495 Nigerians in the Diaspora have received homeownership counseling through the scheme. 232 families also have fully completed their purchase and will move into their homes by October. Another 1,091 families without wasting time have made informed commitments with just 10% deposits, awaiting federal mortgage disbursements.

The Harmony Gardens model highlights several critical takeaways for addressing Nigeria’s housing deficit, such as hybrid Financing Works, Pairing private capital with low-cost government funding improves affordability. Lower Interest Unlocks Access, moving from double-digit to single-digit mortgage rates drastically improves repayment feasibility. Financial Literacy is Key, buyer education and counseling empower families to make sustainable decisions. Flexible Repayment Matters, tenure extensions of up to 20–30 years make homeownership viable for middle and low-income earners. Reforms are Urgent, state-level adoption of pro-mortgage laws, land registry reforms, and foreclosure frameworks remain essential. PPP Models Scale Faster, Public–Private Partnerships can deliver large-scale solutions, as seen with Harmony Gardens and similar African initiatives.

Looking forward, Harmony Gardens plans to deliver 10,000 homes for 18,000 families within the next five years, a bold initiative that could serve as a national housing template. Its success demonstrates what is possible when visionary developers, financial institutions, and government agencies align toward a shared mission.

As Nigeria grapples with its housing crisis, this model offers more than just hope, it presents a blueprint for affordable, inclusive, and sustainable homeownership.

28 Million Housing Deficit: Harmony Gardens’ HOME Scheme Offers Fresh Hope For Nigerians

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POCACOV Takes Fight Against Cultism And Bullying To Schools In Edo

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POCACOV Intensifies Sensitization on Cultism, Bullying, and Social Vices Among Students in Edo

 

In commemoration of the 2026 National Police Day Celebration, the Police Campaign Against Cultism and Other Vices (POCACOV), Edo State Command, has reinforced its preventive policing efforts through a targeted sensitization outreach at Igbinedion Education Centre, Benin City.

The initiative forms part of the broader activities marking this year’s National Police Day, themed “Community Partnership: Building Trust,” which emphasizes collaboration between the Nigeria Police Force and the public in fostering a safer society.

The sensitization programme witnessed the presence of key stakeholders, including the Commissioner of Police, Edo State Command, the Police Public Relations Officer, and the Edo State POCACOV Coordinator, ASP Kingsley Upeh. The team engaged students in an insightful and impactful session focused on the dangers of cultism, bullying, and other social vices prevalent among youths.

During the session, students were educated on the severe and far-reaching consequences of cult-related activities. These include violence, loss of lives, disruption of academic pursuits, and long-term damage to personal reputation and future opportunities. The speakers also highlighted how peer pressure, drug abuse, and negative social influences often serve as gateways into criminal behavior.

In an interactive segment, the Commissioner of Police stressed the legal implications of engaging in criminal acts, noting that involvement in cultism and related offences could lead to arrest, prosecution, and lifelong consequences that may hinder personal growth and career aspirations.

The issue of bullying was also extensively addressed, with emphasis on both its legal ramifications and psychological impact on victims. Students were encouraged to speak up against bullying, report incidents to school authorities or law enforcement, and support peers who may be affected.

Furthermore, the outreach underscored the importance of self-discipline, moral values, and making informed life choices. Students were urged to become ambassadors of peace within their schools and communities by rejecting violence and promoting unity and mutual respect.

The POCACOV team reiterated its commitment to continuous engagement with young people through awareness campaigns, community outreach, and strategic partnerships aimed at preventing crime before it occurs. The initiative aligns with the Nigeria Police Force’s proactive approach to policing, which prioritizes education, prevention, and community involvement.

 

POCACOV Takes Fight Against Cultism And Bullying To Schools In Edo

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COAS Launches Nationwide Security Renewal Mission in Plateau

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COAS Launches Nationwide Security Renewal Mission in Plateau

 

 

 

The Chief of Army Staff, Lieutenant General Waidi Shaibu, on Thursday led a high-level delegation of security chiefs to Plateau State, flagging off a nationwide security renewal mission aimed at strengthening civil-military cooperation and restoring lasting peace across the country.

The visit to Jos, the Plateau State capital, marks the first phase of a coordinated national effort to address persistent security challenges through joint operations, community engagement, and proactive intelligence gathering.

COAS Launches Nationwide Security Renewal Mission in Plateau

Governor Caleb Muftwang received the delegation, describing the initiative as a critical step toward stabilizing affected communities and reinforcing public confidence in security institutions.

Civil-Military Synergy Takes Centre Stage

At the heart of the mission is a renewed emphasis on collaboration between the military, civil authorities, and local communities. Speaking during the visit, Lt. Gen. Shaibu stressed that national security must be treated as a collective responsibility.

He urged citizens to support security agencies by remaining vigilant, sharing credible information, and complying with lawful directives, noting that effective security cannot be achieved in isolation.

Community Engagement as Confidence-Building Tool

In a departure from purely operational engagements, the Army Chief held direct consultations with community leaders and residents in Jos, reinforcing the importance of trust and dialogue in conflict resolution.

Lawmakers, including Dachung Bagos and Ladi Dangyok, commended the initiative, stating that visible engagement by top military leadership helps rebuild confidence among citizens and fosters cooperation.

Proactive Security Operations Underway

Operational updates were provided by Major General Folusho Oyinlola, who disclosed that troops under Operation Enduring Peace have intensified surveillance, intelligence-led patrols, and coordinated actions with other security agencies.

According to the Army, the approach is designed to prevent escalation of threats, safeguard lives and property, and stabilize vulnerable communities before crises emerge.

A Shift Toward Sustainable Peace

Military authorities emphasized that the Plateau visit is part of a broader, long-term strategy to transition from reactive responses to sustainable peacebuilding nationwide. The framework includes strengthening local resilience, ensuring justice, and maintaining continuous engagement with stakeholders.

Analysts view the initiative as a significant policy shift, reflecting a more inclusive security architecture that integrates community participation with military operations.

Call for National Unity

The Army leadership concluded with an appeal to Nigerians to reject divisive narratives and support ongoing efforts to promote unity and peace.

“The success of this mission depends not only on the armed forces but on the cooperation of every citizen,” the COAS stated.

The nationwide security renewal campaign is expected to extend to other regions in the coming weeks as authorities seek to consolidate gains and build a safer, more unified Nigeria.

 

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IGP Disu Visits Plateau, Orders Tactical Deployment To Reinforce Security

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IGP Disu Visits Plateau, Orders Tactical Deployment To Reinforce Security

The Inspector General of Police, Olatunji Disu, on Thursday paid a working visit to Plateau State following recent unrest, holding strategic talks with Governor Caleb Muftwang on measures to strengthen security and prevent further disturbances.

As part of immediate steps to stabilise the situation, the police chief authorised the deployment of specialised tactical units to support officers already on ground across affected areas.

Governor Muftwang commended the swift intervention of the police leadership, praising the dedication and professionalism of security personnel working to restore calm. He also acknowledged the efforts of mobile police officers and lauded the leadership of the state’s Commissioner of Police, Bassey Ewah.

Both the Nigeria Police Force and the Plateau State Government reaffirmed their commitment to safeguarding lives and property, stressing that enhanced collaboration remains key to restoring lasting peace in Plateau State, popularly known as the Home of Peace and Tourism.

 

IGP Disu Visits Plateau, Orders Tactical Deployment To Reinforce Security

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