Federal Mortgage Bank of Nigeria

A sergeant with the Nigerian Air Force, Umaru Bashir, has won the 2019 edition of Gani Fawehinmi Impact and Integrity Awards in Lagos.

The Senate on Thursday mandated its Committee on Housing to urgently work out modalities with the various stakeholders in the National Housing Development sector to ensure the implementation of affordable housing for the poorest Nigerians.

The Federal Mortgage Bank of Nigeria (FMBN) will partner the Brekete Family a reality radio and television programme, to create more awareness on its several products aimed at ensuring affordable houses for Nigerians, Mr Ahmed Dangiwa, says.

Mr. Umar Dankane, Executive Director, Business Development and Portfolio Management of the Federal Mortgage Bank of Nigeria has said that the bank needs a N500 billion recapitalisation fund for optimal performance.

Hon. Gideon Luka, Minority Whip, House of Representative has promised to formulate implementable laws to address housing deficit in the country.

Real Estate Developers Association of Nigeria, (REDAN), South-East zone, has concluded arrangements to host a major Housing Summit and Exhibitions next month.

The Federal Mortgage Bank of Nigeria (FMBN) has disbursed N2.6 billion to 3,034 beneficiaries under its intervention housing loan through the Federal Staff Housing Loan scheme, the Managing Director, Mr Ahmed Dangiwa, has said.

Ahmed Dangiwa, Managing Director, Federal Mortgage Bank of Nigeria (FMBN), said the bank will build 100 housing units in each state and the Federal Capital Territory to address housing deficit in Nigeria.

The Federal Mortgage Bank of Nigeria says that it is targeting multiple housing units across states of the federation through the National Housing Fund scheme, as part of efforts to tackle the housing deficit in the country.

Mrs Hannatu Fika, the Executive Secretary, Federal Government Staff Housing Loans Board (FGSHLB), said that a total of 30,258 public servants have benefited from the board’s housing loan programme since its inception in 1924.

Arrangements have been concluded to honour the Senate President, Dr. Abubakar Bukola Saraki; Speaker of House of Representatives, Yakubu Dogara, and three others with special media awards.

The Federal Housing Authority (FHA) has promised to ensure that common Nigerians yearning for housing allocations in the country benefited from its nearly completed housing scheme in Zuba, FCT and nationwide.

An expert in the housing sector and convener of the Abuja International Housing Show‎, Barr. Festus Adebayo, has lamented that the decision of President Muhammadu Buhari to merge‎ the Ministry of Housing ‎with that of Power and Works has stifled growth in the sector, while also contributing to housing deficit in the country.

Anambra state has benefited from the federal government’s 500 million naira Staff Corporation housing scheme through the Federal Mortgage Bank of Nigeria, FMBN.

The African Centre for Media and Information Literacy has commended the Minister of Power, Works and Housing, Babatunde Fashola (SAN), and the Board of the Federal Mortgage Bank of Nigeria for the reinstatement of Murtala Ibrahim, a whistleblower in the Bank.

About a year and a half after his appointment was illegally terminated by the Federal Mortgage Bank of Nigeria (FMBN), Murtala Ibrahim, Head of ICT Process Audit and Special Investigation Unit at the bank has been reinstated, PRNigeria gathered.

The Trade Union Congress (TUC) has lauded the Federal Mortgage Bank of Nigeria (FMBN) for introducing the National Housing Fund (NHF) mobile application.

The Federal Government on Thursday in Abuja commissioned 151 housing units built for civil servants under the Federal Integrated Staff Housing (FISH) intended to make housing accessible and affordable to civil servants across the country.