The Katsina State Government has clarified that the ₦155 billion investment for the construction of 3,500 housing units in Kankia and Charanchi Local Government Areas will provide affordable housing, create employment, and boost agricultural opportunities for residents.
Last week, the state signed a Memorandum of Agreement with COSMOS Residential City Nigeria Limited to develop the housing units alongside a groundbreaking aqua-agriculture project aimed at empowering youths and promoting sustainable livelihoods.
The General Manager of the Katsina State Housing Authority, Aliyu Kurfi, lauded the commitment of Governor Malam Dikko Radda and Minister of Housing and Urban Development, Architect Ahmed Dangiwa, describing the project as a transformative initiative that comes at no cost to the state.
Speaking at a press briefing on Thursday night at the State Secretariat Complex, the Head of Service, Alhaji Falalu Bawale, explained that the project is designed to recover investments through agricultural produce sales. Participants will be trained in agriculture and aquaculture, receive a monthly stipend of ₦200,000, and be allocated modern housing units in return.
Bawale added that the 3,500 houses will be distributed to beneficiaries from all 34 local government areas, ensuring inclusive development across Katsina State.
It would be recalled that on January 22, 2026, the Katsina State Government and COSMOS Residential City Nigeria Limited signed a ₦155 billion Memorandum of Understanding to build the 3,500 housing units.
According to Governor Radda, 2,500 units will be developed in Kankia, while the remaining 1,000 units will be constructed in Radda, Charanchi LGA, under an innovative agro-residential model.
The governor explained that the project, which is expected to be completed within 16 months to two years, will combine modern housing with backyard fish farming and vegetable gardens, creating sustainable income streams for residents.
Governor Radda further noted that the state has allocated land for the project and will identify unemployed youths and low-income households, including those without formal education but with practical farming and vocational skills, as beneficiaries.
He added that participants are expected to earn up to ₦200,000 monthly, with a compulsory savings of ₦50,000 to ₦70,000, which will gradually offset investors’ costs. Upon completion of the savings period, the houses and farms will become the personal property of the beneficiaries within three to five years.
The governor revealed that the project site has already been handed over to COSMOS Residential City Nigeria Limited, which has pledged to mobilise fully within 10 days for the immediate commencement of works.