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Tag Archives: NHF

FMBN contributors get over N15bn refund in two years

FMBN

Managing Director of Federal Mortgage Bank of Nigeria (FMBN), Architect Ahmed Musa Dangiwa, has said the bank has in two years, made a refund of over N15 billion to contributors of the National Housing Fund (NHF) who retired or resigned. Arc. Dangiwa said this when officials from Media Trust Limited, publishers of the Daily Trust and other titles, led by ...

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Three states support FG’s housing scheme for civil servants

housing

Conceptualised in 2013 as part of government’s initiatives to address the housing needs of civil servants, the Federal Integrated Staff Housing (FISH) programme has since undergone several reviews to overcome initial hurdles in order to accelerate the implementation Notwithstanding concerns over the high cost of the Federal Integrated Staff Housing (FISH) programme, three states have indicated interest to partner the ...

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HOS plans to adopt FMBN’s rent-to-own housing scheme in FISH programme

rent-to-own

Office of the Head of Service of the Federation (OHOSF) is to adopt the rent-to-own housing scheme developed by the Federal Mortgage Bank of Nigeria (FMBN) for allocation of houses under the Federal Integrated Staff Housing (FISH) programme to federal civil servants. The Head of Service of the Federation, Mrs. Winifred Oyo-Ita disclosed this at the public presentation of FISH ...

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FMBN processes N12.4b NHF refunds,registers 224,752 in 2018

FMBN

The Federal Mortgage Bank of Nigeria (FMBN) says it has processed N12.4 billion refunds to contributors of the National Housing Fund scheme and registered 224,752 to the fund in 2018. The statement was signed by Mrs. Zubaida Umar, the Group Head, Corporate Communications, FMBN. FMBN Managing Director, Mr. Musa Dangiwa, disclosed this during an oversight visit by the Senate Committee ...

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FMBN disburses renovation loan to FRSC personnel

renovation loan

The Federal Mortgage Bank of Nigeria (FMBN) on Wednesday disbursed the sum of N1.2 billion as Home Renovation Loan to 1, 207 personnel of the Federal Road Safety Corps (FRSC), across the country. Managing Director of the bank, Mr. Ahmed Dangiwa who made the presentation of the cheque in Abuja said of the figure, N640 million was for 640 beneficiaries ...

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‘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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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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Affordable homeownership will drive growth to the economy – FMBN

Homeownership

The Coalition of Civil Societies and Media Executives for Good Governance in Nigeria (COCMEGG) has lauded the Federal Mortgage Bank of Nigeria (FMBN) for making homeownership affordable, available and less cumbersome to Nigerian workers. The affordable home ownership according to the group will drive growth of the economy. A statement issued in Abuja and signed by the president, Omoba Kenneth ...

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FMBN refunds N21.4bn housing funds to 216,650 retirees

FMBN

The Federal Mortgage Bank of Nigeria (FMBN) said it has refunded over N21.4 billion National Housing Fund (NHF) to 216,650 retirees across the country. The Managing Director, Arc. Ahmed Musa Dangiwa disclosed this yesterday in Abuja at the September 2018 Lunch Time Reform Seminar on “The Challenges Facing Civil Servants in Obtaining Loan from FMBN and how to Access Contributions ...

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FMBN disburses N46.9million to AMAC for Home renovation loan scheme

AMAC

The Federal Mortgage Bank of Nigeria on Thursday disbursed N46.9 million to 49 members of staff of the Abuja Municipal Area Council (AMAC) under its Home Renovation Loan scheme. Ahmed Dangiwa, Managing Director of the bank, while presenting the cheques in Abuja, urged more civil servants to key into the scheme because of its low-interest rates and accessibility. The HRL ...

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