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Tag Archives: housing units

FMBN, Labour stakeholders flag off N10b housing units for workers in Kogi

FMBN

Federal Mortgage Bank of Nigeria (FMBN) under the aegis of National Affordable Housing Delivery Programme( NAHDEP) in collaboration with labour stakeholders in the country have flagged off a N10 billion housing projects for workers in Kogi State. Addressing the stakeholders in Lokoja on Thursday during the groundbreaking ceremony of the scheme, the Managing Director/Chief of executive of FMBN, Arch. Ahmed ...

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FMBN constructs 985 housing units in Enugu at N2.8bn

housing units

Mr. Ahmed Dangiwa, the Managing Director, Federal Mortgage Bank of Nigeria (FMBN), says the bank has so far expended N2.8 billion on construction of 985 housing units in Enugu State. Dangiwa said this on Monday in Nsukka, Enugu State during the groundbreaking ceremony of the National Affordable Housing Project at Nsukka. He said that the housing units were located in ...

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Indimi Foundation supports IDPs in Borno with 200 Housing Units

IDPs

The Mohammed Indimi Foundation on Tuesday donated 200 housing units to Internally Displaced Persons (IDPs) in Bama and Gamboru-Ngala Local Government Areas of Borno, to accelerate rehabilitation and resettlement of persons displaced by Boko Haram insurgency. Alhaji Mohammed Indimi, Chairman of the Foundation, made the disclosure at the inauguration of the projects at the Government House, Maiduguri. Indimi disclosed that ...

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Housing units are too expensive for low-income earners – Experts

housing units

Stakeholders at a seminar organised by the Ogun State chapter of the Nigerian Institute of Quantity Surveyors have chided the federal and state governments for constructing housing units only for the rich. The seminar held in Abeokuta and had as its theme: ‘Effective housing delivery in a developing economy.’ The President, NIQS, Obafemi Onashile, noted that there was the need ...

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Dubai-based developer begins $18.5b housing project in Abuja

Dubai

A Dubai-based property developer has commenced $18.5 billion sites and serviced project expected to provide over 140,000 housing units within Centenary City in Abuja. Unveiling the initiative in Abuja, a co-investor/ developer, Alhassan Dantata, explained that government has leased the project, while funding is coming from foreign investors. He stressed that Centenary City was delayed because of controversies, adding that ...

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Lagos state set to partner firm to provide 750 housing units

housing units

The Lagos State government said it will partner Messrs Brains and Hammers Limited to deliver 750 housing units at Jubilee Estate in Iganmu, a suburb of the city. The State Commissioner for Housing, Prince Gbolahan Lawal disclosed this at the African Real Estate Conference & Awards (AFRECA’18) organised by Propertypro.ng in partnership with the Lagos State government, Property Mart, Messrs ...

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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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Delta approves N600m Loan to construct 10,000 housing units

Delta governor

The Delta House of Assembly on Tuesday approved the request by the executive to obtain a revolving N600 million loan from United Bank of Africa for a 10,000 housing unit project. The approval of the request followed a motion moved by the Majority Leader, Mr. Tim Owhefere, at plenary in Asaba which was seconded by Daniel Mayuku (PDP-Warri South-West) Leading ...

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