Family Homes Funds, TETFund & Private Investors Lead National PPP Drive For Renewed Hope Student Housing Projects

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His Excellency Bola Ahmed Tinubu GCFR’s Public Private Partnership initiative aims to raise the standards for living conditions and revitalize the infrastructure of Tertiary Institutions in the nation by providing 38,400 world-class student hostel beds spread across 12 universities, 6 polytechnics, and 6 colleges of education.

Each of the 24 hotels will have 1,600 beds, 400 ensuite rooms with study tables and chairs, 4 reading areas, a cafeteria, and restaurants, a laundromat, a grocery store, salons, public toilets, etc., according to the Renewed Hope Student Hostel Project.

Through the Public Private Partnership (PPP) Renewed Hope Student Housing Programme, Family Homes Funds Limited (FHFL), in cooperation with the Federal Government of Nigeria, the Tertiary Education Trust Fund (TETFund), and Africa Plus Partners Nigeria Limited, fulfills Mr. President’s pledge to transform student accommodation all over the country.

Africa Plus Partners Nigeria Limited has already completed the University of Calabar pilot project.

The project is currently being implemented in six different locations across the nation, including three in Northern Nigeria (Ahmadu Bello University Zaria, Federal Polytechnic Bauchi, and Zuba, FCT College of Education), and three in Southern Nigeria (Sikiru Adetona College of Education Science and Technology Ogun, Akwa Ibom State University, and Warri College of Education).

Status of Employment at Akwa Ibom State University

Status of Work in a Warrior College of Education

The completion of the College of Education, the Warri hostel, and Akwa Ibom State University are on track to be completed, about halfway done. Students will soon be able to access each 1,600-bed facility, which was constructed to international standards and offers safe, affordable, and contemporary living spaces designed to promote academic excellence. The lack of adequate student housing is one of the most pressing issues facing Nigeria’s higher education system, and this milestone is historic.

Four additional institutions are already demonstrating tangible progress in the program beyond these two sites. Construction is moving at various stages, with each one advancing closer to completion, from the Federal Polytechnic in Bauchi to Sikiru Adetona College of Education Science and Technology Ogun, FCT College of Education, and Ahmadu Bello University. These websites, along with TETFund and Africa Plus Partners, are a reflection of Mr. President and Family Homes Funds Limited’s commitment to ensuring that students everywhere can find decent housing.

Federal Polytechnic Bauchi, Ahmadu Bello University Zaria, FCT College of Education Zuba, and Sikiru Adetona College of Education Science and Technology Ogun, are just a few examples.

FHFL is preparing to begin construction on eight (8) more institutions across the country in addition to the six projects that are currently in progress. With this expansion, the program adds another step toward achieving its goal of creating affordable housing for students nationwide in all six geopolitical zones.

The Renewed Hope Student Housing Programme is yet another innovative, timely, and ambitious intervention from Mr. President, with a student population that exceeds 2.1 million in public tertiary institutions and less than 15% of students having access to on-campus housing. The goal of the program is to create purpose-built hostels that are both affordable and safe.

reducing the strain and dangers of subpar off-campus housing
promoting better academic outcomes.

boosts local economies and creates employment

attract private education investment.

By providing modern, safe, and affordable hostels, Mr. Abdul Mutallab Mukhtar, Managing Director of Family Homes Funds Limited, ensures that students have the right environment to live and learn, while reducing the stress and risks associated with insufficient accommodation. “This upcoming commissioning of the first two locations in Warri and Akwa Ibom are a landmark achievement not just for FHFL but also for Nigeria’s higher education system,” he said.

The Renewed Hope Student Housing Programme is steadily changing the face of campus life in Nigeria as the commissioning for Warri and Akwa Ibom nears completion and progresses nationwide. Families Homes Funds is still committed to providing affordable, safe hostels throughout the six geopolitical zones, ensuring that more students can enjoy studying and living in a supportive environment.

The program rollout schedule is shown below:

Dec. 2025 Commissioning is a long way off.