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Tag Archives: NHF

New National Housing Fund – Summary and Critic

housing

Introduction  Shelter or Housing is one of the very important, basic needs of mankind. Unfortunately, the acquisition of Land and Houses continue to be a herculean task; principally due to an ineffective Land Tenure System, with a double-digit interest rate financial environment. The now-repealed National Housing Fund Act Cap. N45, which created the National Housing Fund to assist with the ...

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Akwa Ibom to partner FMBN in workers’ low-cost housing

FMBN

Akwa Ibom State Governor, Mr. Udom Emmanuel, has pledged to work with the management of Federal Mortgage Bank of Nigeria (FMBN), to ensure that low and medium-income workers in the state own houses at retirement. He made this promise when Board of Directors and the Management staff of the Federal Mortgage Bank of Nigeria (FMBN), paid him a courtesy call ...

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All you need to know about National housing fund scheme

National housing fund

NREH was in an interview with Mr. Odukwe Emmanuel, the head of mortgage banking services at Citicode mortgage Nigeria. This interview addresses the things you need to know about the National Housing fund scheme. Things like the criteria needed, those that are eligible to apply, frequently asked questions and how long it takes to process. Mr. Odukwe: Criticode is one ...

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Kaduna government to collaborate with FMB on housing

FMB

Kaduna State Government says it will collaborate with the Federal Mortgage Bank(FMB) in providing affordable housing to residents of the State. The Deputy Governor of the State Dr. Hadiza Balarabe stated this while receiving officials of Federal Mortgage Bank lead by the Managing Director, Ahmed Dangiwa who paid a courtesy visit to the State Government House. She commended the bank ...

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Fashola refutes 20m housing deficit claim, says no evidence

SERAP

Minister for Works, Housing and Power Babatunde Fashola (SAN), Tuesday dismissed insinuations that Nigeria has twenty million housing deficit. He conceded that Nigeria has housing challenges, but added that housing challenges are universal phenomenal. The minister told reporters in Ilorin, the Kwara state capital at the end of a capacity building workshop for Federal Controllers of lands and housing in ...

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Ex-labour leader advocates review of NHF, pension schemes

NHF

Mr. Nana Takai, a former labour leader, has called for a review of the National Pension Act and National Housing Fund (NHF) to ensure workers friendly policies. Takai, the immediate past National Chairman of the National Association of Nigerian Nurses and Midwives (NANNM), made the appeal at the ongoing labour workshop organised by the Federal Health Sector Institutions of NANNM ...

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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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