Nasarawa govt, FMBN partner for 141 housing units

The Nasarawa State Government has partnered with the Federal Mortgage Bank of Nigeria (FMBN) to purchase 141 housing units for off-takers under the rent-to-own scheme, which will be applicable to civil servants in the state.

The state’s Deputy Governor, Dr. Emmanuel A. Akabe, revealed this development when leading a delegation to the FMBN Headquarters in Abuja, saying the state government is paying attention to the welfare of the working class.

Akabe commended the management of the bank for all the interventions they have brought to Lafia, the state capital, in recent times, promising that Nasarawa will be the first state of the federation to complete the Renewed Hope Estate Agenda.

He explained, “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.”

The deputy governor, therefore, said that the visit was meant to commend the FMBN for its achievements in Nasarawa and to encourage them to support the managing director, Shehu Osidi, as he has been tested, trusted, dedicated, and results-oriented.

Earlier, Osidi noted that the courtesy call shows the determination to foster the collaboration between the state and the bank, hoping that it will yield remarkable results, positively impacting the lives of many of our citizens through their various schemes.

Osidi told the delegation that they have empowered individuals and families in the state to realize their dream of homeownership, thereby enhancing socio-economic stability and wealth creation in Nasarawa State.

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 bank boss, 107 NHF beneficiaries were recently emerged as homeowners under their Rent-to-Own scheme with mortgages of N666 million, adding, “We are poised to provide finance for off-takers of housing units in the fast-developing Nasarawa Technology Village.”