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Tag Archives: Housing Scheme

FMBN partners Labour to provide 2,800 unit housing scheme for workers

FMBN

The Federal Mortgage Bank of Nigeria (FMBN) and leading labour unions have agreed to begin the implementation of a national affordable housing programme for workers. FMBN is kick-starting the scheme in two states and Abuja, in conjunction with the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and the Nigeria Employers’ Consultative Association (NECA). The project will start next month ...

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FMBN invests over N197b in 26,000 housing units

housing units

The Federal Mortgage Bank of Nigeria (FMBN) says it has invested over N197 billion to deliver over 26,000 housing units in the country since its creation. The Managing Director of the bank, Arc. Ahmed Musa Dangiwa, stated this at the 2018 edition of ArchiBuilt, an annual exhibition of latest trends, technologies, systems and policy issues in the building industry, holding ...

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Lagos promises prospective homeowners allocation in October

allocation

The Lagos State Government (LASG) has reassured prospective homeowners that they will celebrate the next Christmas in their new homes, saying allocation of the houses will start in October. The state Commissioner for Housing, Mr. Gbolahan Lawal, said this after an inspection tour of some of the housing projects in parts of the state on Wednesday. Lawal said that the ...

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Worker’s contribution to FMBN hits N2b – Kaigama

FMBN

Federal government is set to commence construction of houses for its civil servants in selected two states per geopolitical zones, as workers monthly contributions to the Federal Mortgage bank (FMBN) hit N2b. President of the Trade Union Congress of Nigeria ( TUC) Bobboi Kaigama disclosed this in Abuja Tuesday, at a stakeholders forum to announce a partnership arrangement between workers ...

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Edo state governor urges workers to embrace housing scheme

housing scheme

The Edo State Governor, Mr. Godwin Obaseki, has urged the state government workers to embrace the federal government housing scheme to enable them become homeowners after retirement. Obaseki gave the advice on Friday in Benin during a sensitisation programme on the federal housing mortgage scheme for public sector workers in the state, organised by the Nigeria Labour Congress (NLC) and ...

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Chinese firm set to invest $300m in mass housing scheme

housing scheme

Steven Kim, Director, One Belt and One Road, Financial Operation Office, China, says Chinese government through his organisation will invest 300 million dollars in Nigeria’s mass housing scheme soon. He made this known at a news briefing organised by Zvecan Homes and Estates on Tuesday in Abuja. Mr. Kim noted that his organisation was collaborating with Zvecan Homes and Estate ...

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Affordable housing is an indicator of the well-being of Nigerians – Zarma

affordable housing

Minister of State for Power, Works and Housing, Surveyor Suleiman Hassan Zarma has pointed out that affordable housing and conducive urban environment remained portent indicators of the well-being of Nigerians through effective policies and pragmatic development programmes. Zarma who stated this in Abuja at a workshop for Real Estate Developers organised by Real Estate Development Association of Nigeria (REDAN) added ...

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Federal Government signs MOU to complete Ilubirin Housing Scheme

Federal Government signs MOU to complete Ilubirin Housing Scheme

After months of sustained discussion, the Lagos State Government Tuesday signed a memorandum of understanding (MoU) with First Investment Property Company (FIPC) to redevelop and complete 472 units at Ilubirin Housing Scheme. The state government, therefore, disclosed that the scheme would be constructed in seven phases, adding that the existing structure, which is already underway, would be completed in 2019 ...

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