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Tag Archives: national housing fund

‘How FG Should Tackle Widening Housing Deficit’ – Debo Adejana

'How FG Can Shrink Housing Deficit & Encourage Private Sector Participation' - Debo Adejana

In an interview with Guardian Newspapers recently, Debo Adejana, the CEO of Realty Point, spoke on the widening housing deficit in Nigeria and how government can help the private sector in addressing the needs. Realty Point is one of Nigeria’s leading mass housing development companies, passionate about cooperative housing and home-ownership. In Nigeria, there are between 17-23 million housing deficit, what ...

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How To Easily Obtain an NHF Loan To Build Your House

Terms & Condition: How to easily obtain an NHF Loan

The National Housing Fund, NHF loan scheme was established to assist Nigerians, most especially those within the low and medium income levels to own houses they would ordinarily be unable to afford. The people in this range comprise civil servants, traders, market women, artisans, and commercial drivers etc. The assistance offered by the NHF comes in form of housing loans ...

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Dogara advocates private sector participation to tackle housing deficit in Nigeria

Housing Deficict

Speaker of the House of Representatives, Hon. Yakubu Dogara has called for increased private sector participation in order to address the national housing deficit and pledged the commitment of the House towards enacting the required legislation. Speaking at a public hearing by the House Committee on Housing on a motion and four bills related to the National Housing Fund and ...

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FG Advised to Introduce Subsidy in Housing, Tax Occupied Property

…As stakeholders propose affordable housing bill to NASS Experts in the housing sector of the nation’s economy at the weekend called on the Federal Government to introduce subsidy in the sector to enable the country achieve the dream of providing affordable housing for the citizenry. They argued that such measure if applied, would not only help greatly in abridging the ...

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Why Housing Shortage Persists in Lagos

Housing Shortage in Lagos

Decent and affordable housing is one of the basic needs of individuals, family and the community at large. In this piece, we look at the problems associated with housing delivery in Lagos. Despite her huge potentials, why do you think housing shortage persists in Lagos? As a pre-requisite to the survival of man, housing ranks second only to food. Housing ...

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FMBN generates N9.5billion from National Housing Fund collections

National Housing Fund

“The Federal Mortgage Bank of Nigeria (FMBN), has made a total collection of N9.5billion under the National Housing Fund (NHF), and disbursed the sum of N1.12billion to 150 beneficiaries for the second quarter (Q2), 2017.”- The Guardian FMBN made the disclosure in a memo to the National Council on Lands, Housing and Urban Development (NCLHUD), exclusively obtained by The Guardian. ...

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FMBN & FHA to Sign MOU on National Housing Schemes

FMBN & FHA to Sign MOU on National Housing Schemes

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 ...

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NIGERIA HOUSING FINANCE PROGRAMME (NHFP) FAQ’S

Housing is one of man’s key needs. Most people would like to own their own houses. Unfortunately, there are far too many obstacles stifling the achievement of this dream of owning their own homes. In spite of Nigeria being Africa’s largest economy with a GDP of $510 billion, the housing and construction sector accounts for only 3.1% of the rebased ...

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TUC urges Buhari to make the National Housing Fund useful

The Trade Union Congress (TUC) on Wednesday urged the President-elect, Maj.-Gen. Muhammadu Buhari, to address the plight of workers in the country. Mr Ifeanyi Okechukwu, the Chairman of TUC in Anambra, made the call in an interview with the News Agency of Nigeria (NAN) in Awka. The labour leader called on the president-elect to make the National Housing Fund useful ...

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