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Tag Archives: housing finance initiative

Government Plans New Housing Initiative, Targets 300,000 New Homes

FG to issue promissory notes to contractors on domestic debts

The Guardian reports that the Minister of Finance, Kemi Adeosun, has announced plans by the Buhari administration to launch a new housing finance initiative. The Federal Government is planning a mortgage system that will catalyse the development of the mortgage market in Nigeria with the provision of single digit interest rate mortgages and longer repayment periods such as 20 years. ...

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