Nigerian Man Appeals To President Tinubu For ₦12 Billion Loan To Tackle Housing Crisis
By Oludare Joshua
Emmanuel Efayeta Kuejubola, a resident of Okpavuerhe-Olomu Kingdom in Ughelli South Local Government, Delta State, has penned an open letter to President Bola Tinubu, seeking a loan of ₦12 billion to address housing shortages and stimulate agricultural development in Nigeria.
In his letter, Kuejubola introduced himself: “My name is Emmanuel Efayeta Kuejubola, a proud Nigerian from Delta State. It is well-known that our country is endowed with arable land and an abundance of human resources capable of producing and consuming goods.”
He drew inspiration from Nigeria’s historical leaders, referencing the late Chief Obafemi Awolowo and his transformative free education program that lifted many Nigerians out of poverty. Kuejubola expressed his belief that President Tinubu, like Awolowo, possesses the potential to enact meaningful change.
“Today, Lagos stands as a Centre of Excellence thanks to bold decisions made by leaders like yourself. Building Nigeria is a monumental task that requires collective effort, and making a lasting difference demands visionaries like you,” he stated.
Kuejubola revealed that he previously reached out to Alhaji Aliko Dangote, President and CEO of Dangote Industries Limited, in a letter published in Vanguard Newspaper on September 16, 2025, but he has yet to receive a response.
”My dream is to systematically address Nigeria’s housing needs, starting with Delta State,” he outlined, requesting a loan of ₦12 billion to acquire 400 acres of land and initiate the construction of 400 two-bedroom bungalow units. “Ultimately, I envision the development of 3,000 homes across three phases. This plan is essential not only for alleviating housing shortages but also for creating job opportunities and improving our business climate.”
Kuejubola emphasized that inaction could exacerbate poverty and food insecurity in the nation. He believes his endeavor will generate 3,000 jobs and provide free education for 1,000 Nigerians, spanning from primary education to university.
He further detailed the substantial economic benefits of creating new settlements, stating, “The multiplier effects from developing 1,000 housing units in various locations will be transformative.”
Kuejubola assured the President that he plans to repay the loan within 36 months of disbursement and requested no preconditions on the loan due to the pressing nature of his plans. He concluded his letter with a plea for a favorable response, emphasizing that the support could significantly impact the lives of many Nigerians, including his own family.
“Sir, I look forward to your prompt and favorable response. God bless you abundantly,” he wrote, closing in prayerful hope.
