FG to unlock $150bn dormant land capital to boost economy

14th August 2025 

New minister

The Minister of Housing and Urban Development, Ahmed Dangiwa, has said the Federal Government will unlock over 150 billion dollars in dormant land capital nationwide to boost economic growth.

Ahmed made this known in a statement signed by the Director, Press and Public Relations, Badamasi Haiba, in Abuja on Thursday.

Dangiwa made the announcement at a Stakeholders’ Workshop on “The Nigeria Land Registration, Documentation and Titling Programme” (NLRDTP) in Lagos, themed “Moving from Inception to Implementation”.

According to the minister, the government will unlock the dormant land nationwide through the National Land Registration, Documentation and Titling Programme.

He explained that Nigeria’s current land administration system left less than five per cent of land formally titled, thereby making individuals live on lands without secure proof of ownership.

“Billions of naira in potential Internally Generated Revenue are also untapped for state governments, and an estimated 300 billion dollars in “dead capital for the Federal Government.

“The Land4Growth” Programme is not just an administrative reform but a deliberate economic strategy under the Renewed Hope Agenda of President Bola Tinubu.

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