FG partners Harmony Gardens, Metroscape to build 2,000 homes in Ibeju-Lekki

The Federal Government of Nigeria has collaborated with Harmony Gardens, Estate Development Limited, and Metroscape Development Company Limited to construct 2,000 housing units in Lekki Aviation Town, Ibeju-Lekki, Lagos State, as part of its Renewed Hope Housing Programme. During the groundbreaking ceremony on October 30, 2026, Housing Minister Muttaqha Rabe Darma highlighted that the project would enhance homeownership opportunities and boost private sector involvement in housing delivery.

The development, to be implemented through a public-private partnership (PPP), will consist of two-bedroom and three-bedroom homes, catering to the growing demand in the Ibeju-Lekki corridor. Darma emphasized that the project would expand the Federal Government's housing initiatives in the area and create over 50,000 jobs during construction.

The total funding for the project was reported as N78 billion, though the minister stressed that this figure did not encompass the broader economic benefits derived from the project, such as employment generation and productive activity. Success would be measured by the timely completion of all 2,000 homes, adhering to the specified quality standards.

Beyond the construction, the Federal Government is working on stringent regulations and coordination within Nigeria's housing industry to ensure safety, protect homebuyers, and promote better management practices. Harmony Gardens' CEO, Abdullahi Saheed Mosadoluwa, noted that prospective homeowners could secure a unit with an initial deposit of N100,000, spread over 25 years via the Federal Mortgage Bank of Nigeria (FMBN).

Darma also mentioned efforts to enhance coordination among housing-related agencies to facilitate better access to mortgage financing. Representing the Lagos State Government, Prince Bayo Balogun praised Harmony Gardens for its contributions to Ibeju-Lekki's development and encouraged more private investors to collaborate with the state to meet housing needs.

The Chairman of the House of Representatives Committee on Urban Development and Regional Planning, Awaji Inombek Abiante, urged the ministry and its partners to ensure that housing projects are supported by adequate transportation networks, markets, and essential infrastructure. The housing shortage in Lagos, currently estimated at 3.4 million units in 2025, necessitates the construction of approximately 227,576 new homes annually to meet demand.

The scheme enables eligible National Housing Fund contributors to occupy homes on a lease basis before ownership transfer, subject to agreed terms.