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ASO Savings commissions Karsana Estate, raises bar in housing projects


Managing Director, FMBN, Ahmed Dangiwa

Primary Mortgage Bank (PMB), ASO Savings and Loans Plc, has commissioned the phase 1 of its estate in Karsana, Abuja. It also fully financed it.

The ASO Garden Estate comprises 249 housing units made up of 129 units of two-bedroom apartments, 117 units of three-bedroom apartments and three units of 4-bedroom duplexes.

The housing project, conceived by ASO Savings and Loans Plc in partnership with Global High Property Development Ltd (Global High), is expected to raise the bar in housing projects delivery not only in the Federal Capital Territory but in the country.

Managing Director of Federal Mortgage Bank of Nigeria (FMBN), Ahmed Musa Dangiwa, an architect, who led dignitaries on a tour of the estate and later did the commissioning, commended the board, management and staff of ASO Savings and Loans Plc for successfully completing a project of this magnitude in spite of the challenging economic environment.


In his goodwill message, the chairman of the company’s board of directors, Alhaji Ali Magashi, said: “For those of you stakeholders, you know what a tough economic operating environment it has been for primary mortgage banks in Nigeria, as such, the delivery of the estate is no small feat for ASO.”

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