The Federal Mortgage Bank of Nigeria (FMBN) and the Federal Housing Authority (FHA) have agreed to sign an Memoradum of Understanding (MOU) to meet the President Muhammadu Buhari’s annual target of delivering one million housing units. The institutions also agreed to jointly explore opportunities for housing delivery through a number of on-going housing schemes such as the Accelerated Housing ...
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FG Commits N44bn to Social Housing
The federal government has committed N44 billion to the development of social housing in the 2016 budget, in fulfillment of its proposed plan to build one million housing units across the country yearly. Prof. Mohammed Al-Amin, Managing Director of Federal Housing Authority (FHA), disclosed this when he visited the Turkish Embassy in Abuja, as a follow-up to the recent visit ...
Read More »Federal Housing Authority to Partner Turkish Firms on Housing Delivery
The Federal Housing Authority has said that it will work with Turkish companies to facilitate the realisation of the Federal Government’s housing development target. According to the FHA, its Managing Director, Prof. Mohammed Al-Amin, was recently at the Turkish Embassy in Abuja as a follow-up to the recent visit to President Muhammadu Buhari by the Turkish President, Mr. Tayyip Erdogan. ...
Read More »Firm, FHA Homes Sign MoU On Housing Development
FHA Homes Limited has signed a Memorandum of Understanding with Nekonini Business and Properties Limited for the development of 100 housing units in Abuja. According to both organisations, the project is the second phase of the Maccido Estate and is part of efforts to bridge the housing deficit in the country as the first phase of the project, which involved ...
Read More »FHA Seeks States’ Partnership
The Managing Director, Federal Housing Authority (FHA), Prof. Mohammed Al-Amin, has called for partnership between the authority and state governments to ensure access to land for housing development. Al-Amin made the call in an interview with newsmen in Abuja. The managing director noted that the Land Use Act of 1978 vested the ownership of land on state governors, hence the ...
Read More »Federal Housing Authority’s Mandate
In this interview, the Managing Director of the Federal Housing Authority, Prof Mohammed Al-amin talks to ANDREW ESSIEN about Federal Housing Authority’s mandate, where it was and how it has evolved. Read below: Can you tell us the mandate of the Federal Housing Authority? The Federal Housing Authority was established some 40 years ago and the initial mandate was for ...
Read More »Presidential project monitoring team visit FESTAC Phase 2 project
The A seven-member Presidential project monitoring team led by its director, Mrs. Sandra Fadeyi, has visited FESTAC Phase 2 project located in Amuwo-Odofin Local Government area of Lagos State. The visit was a boost for the concessionaire, the New Festac Property Development Company Limited (NFPDCL). Also on the inspection tour were some officials of Federal Housing Authority (FHA), led by ...
Read More »Reasons we can’t give housing loans to mortgage contributors – FMBN
The Federal Mortgage Bank of Nigeria said on Friday that the monthly contributions to the National Housing Fund by civil servants were inadequate to guarantee full and prompt access to the housing loans (funds) by contributors. The FMBN’s Managing Director, Gimba Ya’u Kumo, stated this in an interview with the News Agency of Nigeria in Abuja. Kumo urged ...
Read More »Borno state Govt. partner with FHA to rebuild Boko Haram ravaged communities
The Borno State Government on Sunday said it would partner the Federal Housing Authority, FHA, to rebuild communities ravaged by Boko Haram insurgency. The state governor, Kashim Shettima, made the disclosure while receiving FHA Managing Director, Muhammad Al Amin, who visited him in Maiduguri. “There is no better time than now for this kind of partnership towards rebuilding structures destroyed ...
Read More »MD, FHA decries sanitary and living conditions at IDP camps
The Managing Director of Federal Housing Authority (FHA), Prof. Mohammed Al-Amin, has decried the sanitary and living conditions in Internally Displaced Persons (IDPs) camps in Maiduguri. He described the conditions at the camps in the Borno State capital as deplorable and unhealthy. Al-Amin, who slept in one of the camps as part of activities marking the just-commemorated World Habitat Day, ...
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