The federal government has revealed plans to establish building materials manufacturing centers across the six geopolitical zones of the country.
The Minister of Housing and Urban Development, Ahmed Dangiwa, stated this during the ministry’s organised engagement with stakeholders in the housing sector, themed ‘Development of Fiscal Incentives for Manufacturers of Local Building Materials Components in Nigeria,’ held in Lagos state.
He said the initiative is aimed at reducing the cost of building materials and to significantly enhance housing affordability in Nigeria.
Dangiwa explained that local production of building materials will directly contribute to reducing the cost of construction, thereby making housing more accessible to the average Nigerian.
The Minister of Housing and Urban Development added that the hubs will also provide access to modern technology, training programmes, and research and development facilities, enabling manufacturers to produce high-quality materials that meet international standards.