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Nigeria faces a severe housing shortage with a growing population of 200 million, where 75% of the 42 million housing units are substandard. Housing Minister Musa Dangiwa stated that 550,000 units are needed annually, costing N5.5 trillion over the next decade. He has requested N500 billion annually from the Senate, less than 10% of what is required. The federal government's Renewed Hope Estate and Cities initiative aims to provide 50,000 units, but only 6,612 have begun. Engineer Babatunji Adegoke sees the government's efforts as a positive step, emphasizing the importance of consistency. He suggests private sector involvement could be boosted through tax holidays, favorable interest rates, and better land access. Adegoke also advocates for effective mortgage systems and rent-to-own schemes to make homeownership more accessible to Nigerians.