Tag Archives: MOU

Nigerian Tribune reports that in the face of a housing deficit that numbers millions of units, Nigeria is working to increase home ownership by improving access to credit and reducing development costs for low-income housing. To address this problem, the FMBN signed a memorandum of understanding (MoU) in January with the Real Estate Developers Association of Nigeria (REDAN) and pan-African ...

According to The Guardian, in the face of a housing deficit that numbers millions of units, Nigeria is working to tackle affordable housing shortage by improving access to credit and reducing development costs for low-income housing. Easing mortgage access In March the federal government announced it would waive an initial 10% payment on mortgages below N5m ($15,700) administered by the state-owned ...

The Lagos State Government and the City of Dubai have entered into a historic partnership. This epoch making partnership will see Lagos emerge as the first Smart City in Africa. The Memorandum of Understanding for the Lagos Smart City was signed on Monday at the Emirate Towers, Dubai, by the Lagos State Attorney General and Commissioner of Justice, Mr. Adeniji ...

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 ...

Governor Akinwunmi Ambode of Lagos State on Thursday said the State Government would sign a Memorandum of Understanding, MoU, with investors for the construction of the proposed 4th Mainland Bridge before May 29. Mr. Ambode, speaking at the Third Quarterly Town Hall meeting in Ikorodu, said that the bridge would run from Ajah to Ikorodu, to Isawo, and berth at ...

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 ...