News The African Way

Federal Mortgage Bank Hands Over 100-Unit Houses To Nigerian Workers In Jigawa

By Mohammed Suleiman, DUTSE

The Federal Mortgage Bank of Nigeria (FMBN) has handed over to owners the 100-unit FMBN/ NLC/ TUC/NECA houses built under the National Affordable Housing Delivery Programme for Nigerian Workers.

Speaking at the event, the Executive Director of Loans and Mortgage Service, Lukman Mustapha, reiterated the bank’s commitment to supporting Nigerians to own houses they could call their own.

According to him, the FMBN remains the only institution offering affordable mortgages to Nigerians at less than 10 percent through products like the individual NHF loan, Individual NHF construction loan, Home Renovation loan, and the Rent to own product.

He said, since January the bank has handed over more than 1,000 completed houses in eight states in the federation,

Speaking on the Jigawa event, Mustapha, said, the 100-unit housing project comprised 24 units of 1- bedroom, 36 units of 2- bedroom, and 40 units of 3- bedroom bungalows, stressing that the Estate is fully serviced with basic infrastructure including internal road/drainages, and electricity.

According to Mustapha, the FMBN/ NLC/ TUC/NECA Housing Delivery program is designed to be implemented in phases, the bank has successfully delivered a total number of 28 housing projects across the six geo-political zones of Nigeria, delivering about 3000 houses.

Earlier in a speech, Commissioner for Land, Housing and Urban Development, Sagir Musa, who represented Governor Badaru Abubakar, said the Jigawa state government has allocated land for the construction of housing units to workers in the 27 local government councils under its housing provision to worker scheme.

Musa commended the Federal Government Housing loan scheme for workers across the country and assured of state government support for the programme at all times.

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