“A time when public confidence in many government institutions is probably at its lowest ebb, one institution that stands out for its commitment to service is the Federal Mortgage Bank of Nigeria (FMBN).”- Leadership Set up since 1956 when it was known as the Nigerian Building Society, the bank has continued to deliver on its mandate of supplying the mortgage ...
Read More »Tag Archives: affordable housing
Stakeholders advocate value-chain funding for affordable housing
“To bridge the demand-supply gap in affordable housing in the country, stakeholders in the construction and financing sectors have advocated value-chain funding for affordable housing projects as an innovative means of tackling the challenge.”- The GuardianAccording to the operators, there are many houses unoccupied in many areas in the country but affordability remains a concern to people in need of ...
Read More »Stakeholders seek creation of National Housing Council
“A tentative outline of the shape of things to come for Housing and settlements development in Nigeria may have started to emerge, as key stakeholders last week ended it’s talk shop and endorsed a workable guide for the beleaguered sector in Abuja.”- The Guardian The effort, coming at the instance of the 11th Abuja Housing Show organized by Fesadeb Limited yielded ...
Read More »stakeholders seek solutions to Nigeria’s housing challenge
“For three days, Nigeria’s housing sector stakeholders including developers, bankers, manufacturers of building materials, government officials, built environment professionals, etc gathered in Abuja for the annual Abuja Housing Show discussing and searching for solutions to Nigeria’s housing challenge.”- Business Day A country of over 180 million people with rapid urbanization, Nigeria in spite of its abundant natural and human resources ...
Read More »Millard Fuller wins 2017 affordable housing award
“For the second year running, the Millard Fuller Foundation has won the award for the Affordable Housing Project of the Year 2017 at the just concluded 11th Abuja Housing Show/Nigeria Housing Awards organised by FESADEB Communications. The award event which took place in Abuja last week had in attendance professionals in the housing sector. The award was set up to ...
Read More »Experts chart course for affordable housing
“Real Estate Investment Trusts (REITs) and workers cooperative societies were top of considerations as experts gathered in Abuja recently to discuss the way forward for affordable housing delivery in Nigeria.”- Business Day Though the REITs market is still evolving in this country, it is considered a good opportunity for financial intermediation in the housing sector and, according to the experts ...
Read More »11th Abuja International Housing Show: Realty Point showcases Cedar Homes
The ongoing 11th Abuja International Housing Show is duly attended by Realty Point Limited and products with catchy gifts are up for grabs. Cedar homes is currently showcased amongst the many housing and building products. The show is going on at the International Conference Centre, Area 8, opposite Radio House, Abuja CEDAR HOMES is RPL’s affordable housing development, primarily ...
Read More »FG plans to construct 2,700 Housing Units
PM News reports that the Federal Government is planning the construction of 2,700 housing units in the short term to create 105,000 direct jobs, and increase to 100,000 housing units by 2020 to achieve sustainable development. The plan is stated in the Nigeria Economic Recovery and Growth Plan 2017-2020 (ERGP), a copy of which was obtained from the Ministry of ...
Read More »“Many are not aware of the processes to getting a mortgage”- Dr Lanre Shonekan
Shonekan, in a chat with The Nation, said with an efficient mortgage system, more Nigerians would be able to own homes. He, however, noted that many are not aware of the processes to getting a mortgage. “Nigerians waiting on the government for social housing may wait for a long time. This is because the economic reality does not leave room for ...
Read More »Lafarge set to launch #AskLafarge social media campaign
“To directly engage with its customers across Nigeria, Lafarge Africa Plc, Africa’s leading housing and infrastructure solutions company, will be launching #AskLafarge social media campaign.”- The Sun This engagement opportunity will provide stakeholders and customers alike the opportunity to interact online with Lafarge Africa Plc, using the hashtag #AskLafarge, which will be a one hour live twitter and Facebook chat. Apart from the ...
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