Federal Housing Authority Managing Director, Oyetunde Ojo
ABUJA, Nigeria – A four-storey commercial mall worth up to ₦8 billion opens inside a Federal Housing Authority estate in Abuja, signalling a strategic shift toward job creation and self-sustaining public housing developments.
The facility, inaugurated on Tuesday by the Secretary to the Government of the Federation, George Akume, marks one of the most significant infrastructure milestones for the Federal Housing Authority (FHA) in recent years.
Speaking at the ceremony, FHA Managing Director Oyetunde Ojo says the mall is expected to generate about 500 direct and indirect jobs, helping to reduce unemployment and stimulate local economic activity within the estate.
The complex, described as the tallest commercial structure within any FHA estate nationwide, consists of 59 shopping units spread across four suspended floors, alongside a penthouse and modern amenities. Officials confirm that the project had been abandoned for years before being revived under President Bola Tinubu’s directive to resuscitate stalled federal infrastructure.
Ojo stresses that no public funds are committed to the project, explaining that it is delivered through a public-private partnership model.
“We provided the land, our partners built, and individuals invested by buying into the project,” he says, valuing the completed structure between ₦6 billion and ₦8 billion.
