Managing Director, FMBN, Ahmed DangiwaThe Managing Director of Federal Mortgage Bank of Nigeria (FMBN), Arc. Ahmed Musa Dangiwa said in Benin at the weekend that over 4.6 million workers are partaking in the National Housing Fund (NHF) scheme, and that the bank has disbursed not less than N74bn to low and medium income earners to get their own houses.
Dangiwa stated this, when he handed over keys to the first batch of beneficiaries of three bedroom-detached bungalows in Benin.
Represented by the bank’s Executive Director, finance and corporate services, Melville Ebo, he said: “FMBN has advanced facilities for home renovation and expansion for housing development loans to cooperative societies to build houses for their members.
“All these are efforts at making economically less-privileged Nigerians have access to affordable housing. All loans from FMBN attract just six percent interest rate.
FMBN disburses N74b for housing
