Housing Deficit: FMBN to partner Brekete Family to create awareness

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Federal Mortgage Bank of Nigeria (FMBN), building

By Franca Ofili

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.

Dangiwa spoke in Abuja  when Mr Ahmed Isah, President and Founder of Brekete Family, paid him a courtesy visit.

He said the bank was established to provide affordable mortgages to drive home ownership among Nigerian workers, particularly low and medium income earners, which was done through the National Housing Fund (NHF) scheme.

Dangiwa said that Nigerian workers both in the public and private sectors contributed 2.5 per cent of their monthly income.

“Through the scheme, the bank has continued to provide affordable mortgages to Nigerian workers and construction finance for housing development.

“Our NHF individual mortgages loans granted at six per cent is the…



Source: News Agency of Nigeria