FG plans N712bn mortgage to fund 100,000 houses

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The Federal Government on Monday said it was working to increase mortgages provided to contributors under the National Housing Fund to the tune of N712bn for the financing of about 100,000 housing units across the country.

It disclosed this at the inaugural Board and Management Retreat of the Federal Mortgage Bank of Nigeria in Abuja, adding that efforts were on to deliver one million affordable homes to Nigerians under the National Housing Programme.

He said, “In line with the mandate of the Federal Government to expand the housing sector in general and deepen the mortgage sub-sector in particular, the bank’s board approved a five-year strategy plan covering the period 2020-2024 with focus on certain key performance indicators.

 

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Houses that average workers can't afford? What's the use

This people should just use the money to settle asuu strike or what is their problem self🤧

Which Federal Government? Is it the Buhari imbecile government that has less than 10 months in office? Have they completed 2nd Niger bridge and Lagos-Ibadan expressway? Abeg, make we hear word jare! They just want another conduit to steal money!

For the fulani's of course....

Koyemimo bayi 😂😂 ooo building lotukan

Story ! Where’s Osibanjo ?

Nonsense

Evil people Pay asuu let students go back to school Nonsense

Nonsense

Build for who? Make una dey try finish story oo!! Build for who?

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