The Federal Mortgage Bank of Nigeria (FMBN), has invested N1.423billion on 402 housing units in Niger State. FMBN managing director, Ahmed Dangiwa, stated this when the Deputy Governor, Ahmed Ketso, visited him in his office.
He disclosed that the bank refunded N249million to 3,549 contributors to the National Housing Fund (NHF) in line with the provision of the NHF Act. “We commend the Government of Niger State for providing a conducive environment that has allowed such level of investment.
“Niger State was one of the most consistent contributors to the NHF Scheme, but remittances were stopped due to no fault of the Bank.
“We will like to request the recommencement of the NHF contributions in the state,” Dangiwa said.
He called for partnership with the state government to ensure that its workers purchased available housing units at the FMBN-funded and non-funded housing estates within the state.
He further called for timely issuance of title documents as well as the governor’s consent at concessionary rates to enable FMBN conclude mortgage transactions for housing units in the estates.
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