The Nasarawa State Government says it is partnering with the Federal Mortgage Bank of Nigeria (FMBN) to purchase 141 housing units for off-takers under the rent-to-own scheme, which can be accessed by civil servants in the state.
The state’s Deputy Governor, Dr Emmanuel A. Akabe, stated this yesterday when he lead a delegation to the FMBN headquarters in Abuja, saying the state government is paying attention to the welfare of its workers
“We will pass legislation for the workers to own their houses, as the administration will continue to collaborate with the bank by working out modalities for the purchase of the unoccupied housing units scattered across the state and to deliver about 141 housing units,” he stated.
Earlier, the Managing Director of FMBN, Shehu Usman Osidi, told the delegation that the bank has empowered individuals and families in the state to realise their dream of homeownership, thereby enhancing socio-economic stability and wealth creation in the state.
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He disclosed that under the National Housing Fund Scheme, the bank has disbursed loans to numerous beneficiaries, while the Home Renovation Loan window has advanced at least over N7 billion to 8,754 indigenes of the state.
According to the FMBN boss, “107 NHF beneficiaries recently emerged as homeowners under their Rent-to-Own scheme with mortgages of N666 million.”
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