FG waives 10% payment on housing mortgages below N5m

By Favour Nnabugwu ABUJA— As a demonstration of its commitment to provide affordable housing to Nigerians, especially the low income earner...

By Favour Nnabugwu

ABUJA— As a demonstration of its commitment to provide affordable housing to Nigerians, especially the low income earners, the Federal Government has approved 10 percent waiver on housing mortgages below N5million for Nigerians.
Minister of State for Power, Works and Housing, Mr Mustapha Baba Shehuri, announced this during the commissioning of a 125-unit housing estate being financed by the Federal Mortgage Bank of Nigeria, FMBN, in Enugu.
Shehuri said the ministry planned to build mass houses in every state of the federation for public workers and other interested parties over the next three years, through Public-Private Partnerships, PPP.
He added that national housing models had been designed and approved for each geo-political zone, with special recognition of cultural and climatic diversities in choice of house type and standardization in the use of local building materials.
According to him, this will translate to affordability of housing for Nigerians and also create employment opportunities for teeming youths currently roaming the streets.
While commending the effort of the apex mortgage bank, the Minister noted that it had a pivotal role to play in the actualization of the aspirations of many Nigerians to own a home through mortgage.
He added that Muhammadu Buhari’s administration would lend its full support to the Federal Mortgage Bank of Nigeria   towards ensuring that it was adequately recapitalized and repositioned   to cater for the mortgage finance needs of Nigerian workers, who would be the major beneficiaries of houses built under the National Housing Programme.
Speaking earlier, the Acting Managing Director of Federal Mortgage Bank Nigeria, Mr. Richard Esin, called on Nigerians to contribute to the National Housing Fund, NHF.
He urged states and investors to build estates   in order to drive the aspirations of Nigerians to transit from being tenants to home owners.

COMMENTS

Contact Form

Name

Email *

Message *

Name

100x50plot,5,120x60plot.,10,212,1,30by120.,1,312,1,Abuja,1,advice,9,alist developers ltd.,121,architects.,11,beautiful,1,block of flats,5,bq,1,buiding,8,building,1,bungalow,8,CBN,1,churches.,1,commercial design,3,Construction,9,delta state,1,designs,2,duplexes,17,estate design,4,father's day,1,federal government.,1,five bedroom bungalow,1,five bedroom duplexs,8,fo,1,for women all over.,1,four bedroom bungalow,3,Four bedroom duplexe,2,Four bedroom duplexes,6,Four bedroom duplexs,10,governmental,4,half plot,2,history,5,hospital,1,Hotel design,1,Housing,1,inspirational,1,kano,1,kitchen interior,2,lagos design,2,logo,1,mini estate.,1,MTN,1,news,2,nigerian,5,office complex,1,ogun state,2,olphanage,1,one bedroom flat.,1,Pent floor design,5,proposals,5,Religious,2,residential,4,Sapele,1,shiwama,1,Six bedroom duplex,2,social,2,story buildings,6,three bedroom bungalow,7,three bedroom flats,4,two bedroom bungalow,4,two bedroom flats,12,warri project,1,Write ups,25,
ltr
item
AlistDevelopers: FG waives 10% payment on housing mortgages below N5m
FG waives 10% payment on housing mortgages below N5m
https://lh3.googleusercontent.com/-QczYGUm6IAI/WL4ZE-y_NWI/AAAAAAAAA24/641JmOd9PuQ/s640/masshousing.jpg
https://lh3.googleusercontent.com/-QczYGUm6IAI/WL4ZE-y_NWI/AAAAAAAAA24/641JmOd9PuQ/s72-c/masshousing.jpg
AlistDevelopers
http://alistdevelopers.blogspot.com/2017/03/fg-waives-10-payment-on-housing.html
http://alistdevelopers.blogspot.com/
http://alistdevelopers.blogspot.com/
http://alistdevelopers.blogspot.com/2017/03/fg-waives-10-payment-on-housing.html
true
2113219663718021409
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy