Nigeria: FMBN, Stakeholders Seek Housing Schemes in States, Other Initiatives

Nigeria: FMBN, Stakeholders Seek Housing Schemes in States, Other Initiatives

One of the major challenges facing Nigeria's property sector has always been in the area of affordable funding and financing of housing schemes for low and middle income earners in the country.

FMBN, TIMIK Engineering Move To Address UI Staff Housing Concerns

The Federal Mortgage Bank of Nigeria (FMBN) and TIMIK Engineering have pledged to collaborate with the University of Ibadan (UI) to address housing challenges facing its staff. The Head of Operations, NHF, Juliet Olobio stated this at the sensitisation programme to staffers of UI on Ajoda Federal Housing Authority Housing scheme in Ibadan on Monday. Olobio, who spoke on available housing options, allocation procedures, and mortgage processing, s…

Nigeria unveils ₦70 billion people-centred housing overhaul - Prime Progress NG

A mounting sense of anticipation gripped the crowded hall of the 19th Africa International Housing Show as Minister Ahmed Musa Dangiwa delivered the news. In response to Nigeria’s critical housing deficit, Dangiwa announced that ₦70 billion of private capital had been committed through public-private partnerships to power the country’s programme. “We are not just building houses,” he said, “we are fixing the structural and macroeconomic pillars …