The Federal Government has secured 200 hectares of land within the Lekki Free Trade Zone, Lagos, to establish a dedicated building materials hub, in a move aimed at lowering housing production costs nationwide.
Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, announced the development on Thursday during an inspection tour of industrial areas in the Lekki and Lagos Free Zones, which are integrated with the Lekki Deep Sea Port.
Dangiwa explained that the hub is part of President Bola Tinubu’s Renewed Hope Agenda to reduce construction costs, promote local content, encourage domestic production, and expand access to affordable housing across the country.
“The building materials hub will promote local content, curb rising costs of materials, encourage domestic production, and ensure sustainable housing delivery nationwide,” the minister stated.
He revealed that the Lagos hub will serve as a model for similar hubs to be replicated across the six geopolitical zones. According to him, an investor has already been secured to drive the project, which is expected to create jobs, boost local materials production, and reduce reliance on imports.
During the tour, the minister inspected ongoing projects including housing estates, industries, testing laboratories, Alaro City, Lagos Coastal City, and the Lekki Deep Sea Port. He commended Lekki Worldwide Investments Ltd. for providing a strategic site for the hub and supporting the growth of the zone.
Dangiwa also praised Alaro City’s sustainable building practices, noting that they align with government plans to bridge Nigeria’s housing deficit through public-private partnerships.
He further highlighted that the zone’s intermodal transport infrastructure—including seaport, airport, rail, and road networks—would enhance the efficiency of the hub once operational.
Managing Director of Lekki Worldwide Investments Ltd., Mr. Adeniyi Akinlusi, described the 16,500-hectare Lekki Free Trade Zone as “Nigeria’s best-kept investment secret,” designed to attract investment, reduce imports, and boost real estate development.
Industry stakeholders in the zone showcased power plants, manufacturing facilities, and other ongoing projects during the minister’s visit.
