The Managing Director and Chief Executive Officer of Federal Mortgage Bank of Nigeria (FMBN), Ahmed Dangiwa has said that the bank is currently financing the development of multiple affordable housing projects in at least 20 states of the federation.
While speaking on Friday to Housing Tv’s on one on one segment in Abuja, Dangiwa said that in partnership with NECA, Trade Union Congress and Nigeria Labour Congress they have acquired free plots of lands from state governments across the country and for which they have provided designs and funding, and handed them to developers to build homes that are affordable for the beneficiaries.
He said, ‘’currently in the north central, we have developed such houses in Nasarawa and Kogi and are being packaged for the end users. In the North West we have in Sokoto and Jigawa. In the North East, we have in Borno and Adamawa. In the South East we have in Abia and Enugu. In South West we have in Ondo and Osun. We also have in Lagos and Abuja.’’
According to him, a total of about 13 sites that are about to be commissioned in the next few months and handed over to beneficiaries.