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Tag Archives: FMBN

FG will tackle 17m housing deficit – FMBN chairman says

FMBN

The Federal Government is determined to address the 17 million housing deficit in the country, Dr. Wale Adeeyo, the Chairman of the Federal Mortgage Bank of Nigeria (FMBN) has said. The FMBN boss, who gave this hint during an exclusive interview with our correspondent in Lagos, observed that, “The 17 million housing deficit has been there for a while and ...

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HOS plans to adopt FMBN’s rent-to-own housing scheme in FISH programme

rent-to-own

Office of the Head of Service of the Federation (OHOSF) is to adopt the rent-to-own housing scheme developed by the Federal Mortgage Bank of Nigeria (FMBN) for allocation of houses under the Federal Integrated Staff Housing (FISH) programme to federal civil servants. The Head of Service of the Federation, Mrs. Winifred Oyo-Ita disclosed this at the public presentation of FISH ...

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Nigerian workers get over N190b mortgage loans in 20 months

Mortgage loans

Managing Director of Federal Mortgage Bank of Nigeria (FMBN), Ahmed Dangiwa, on Wednesday, revealed that a sum of N193.4 billion mortgage loans had been disbursed to 18,935 Nigerian workers. Dangiwa, who stated this, in Abuja, at the launch of FMBN’s digital platforms, noted that this was done in collaboration with Nigerian Labour Congress (NLC), Trade Union Congress (TUC) and Nigeria ...

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NASS commends FMBN’s efforts in tackling housing deficit

FMBN

The Senate Committee on Housing has lauded the management of the Federal Mortgage Bank of Nigeria (FMBN) for their efforts to reposition the bank as the leading mortgage institution and provider of affordable social housing in the country. The committee, led by its chairman, Sen. Barnabas Gemade, gave the commendation during their oversight visit to FMBN head office in Abuja. ...

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FMBN partner NLC to build 200 housing Uunits for workers in Katsina

NLC

The federal government through the Federal Mortgage Bank of Nigeria (FMBN) in collaboration with the Nigeria Labour Congress (NLC) and other affiliated unions in Nigeria Saturday flagged off the construction of 200 housing units in Katsina State. This was even as FMBN said it has committed N1.9 billion through its Estate Development Loan (EDL) to construct 492 housing units situated ...

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FMBN processes N12.4b NHF refunds,registers 224,752 in 2018

FMBN

The Federal Mortgage Bank of Nigeria (FMBN) says it has processed N12.4 billion refunds to contributors of the National Housing Fund scheme and registered 224,752 to the fund in 2018. The statement was signed by Mrs. Zubaida Umar, the Group Head, Corporate Communications, FMBN. FMBN Managing Director, Mr. Musa Dangiwa, disclosed this during an oversight visit by the Senate Committee ...

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FMBN disburses renovation loan to FRSC personnel

renovation loan

The Federal Mortgage Bank of Nigeria (FMBN) on Wednesday disbursed the sum of N1.2 billion as Home Renovation Loan to 1, 207 personnel of the Federal Road Safety Corps (FRSC), across the country. Managing Director of the bank, Mr. Ahmed Dangiwa who made the presentation of the cheque in Abuja said of the figure, N640 million was for 640 beneficiaries ...

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FMBN recovers N3bn debts, records stronger result in 2018

FMBN

Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Ahmed Dangiwa, said the bank has recouped more than N3 billion in its loan recovery drive in 2018. Dangiwa made the disclosure in Abuja on Saturday in a statement signed by Mrs. Zubaida Umar, FMBN’s Group Head, Corporate Communications. He pointed out that the bank recovered N2.4 billion in 2017. He said ...

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FMBN launches N8m houses for Nasarawa civil servants

FMBN

In an effort to reduce housing deficit in the country, the Federal Mortgage Bank of Nigeria (FMBN) has inaugurated a housing programme in Nasarawa State to serve as a pilot scheme towards providing 1,400 units across the nation. The Managing Director/Chief Executive, FMBN, Ahmed Dangiwa, disclosed this at the ground-breaking of the FMBN, Nigeria Labour Congress, Trade Union Congress and ...

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Gov. Udom commends FMBN for commencement of workers’ Housing Project

FMBN

Gov. Udom Emmanuel of Akwa Ibom has commended the Federal Mortgage Bank of Nigeria (FMBN) for the 100 affordable housing units projects for civil servants in Akwa Ibom. Emmanuel expressed the state government’s gratitude while performing the groundbreaking ceremony of the housing project in Nsit Ibom on Thursday. The governor said the state was glad to witness the fulfillment of ...

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