The Federal Mortgage Bank of Nigeria (FMBN) has expressed its readiness to assist Nasarawa State University in providing decent and affordable accommodation for its staff.
The FMBN MD/CEO, Arc. Ahmed Musa Dangiwa, on behalf of the Management Team, stated this during a visit by members of the Nasarawa State University Governing Council to the Bank’s head office in Abuja last week.
The delegation, led by Prof. Salihu Ahmed Alizada, said the university is fast expanding and considers FMBN a suitable partner towards meeting the growing need for affordable housing for its existing staff.
“The University is desirous of providing housing accommodation for its staff. And as a bank that is mandated to assist various institutions and individuals to have affordable accommodation, we see the necessity to deepen our partnership with you. We are aware that some University staff are already beneficiaries of some FMBN funded estates in the state. However, because the university is rapidly expanding, we plan to expand collaboration to meet the growing need.” Prof. Sahihu.
The MD/CEO Federal Mortgage Bank, Arc. Ahmed Musa Dangiwa, in his remarks, stated that FMBN would work together with Nasarawa State University to identify possible areas of partnership that will help them achieve their plan to ensure decent and affordable accommodation for their staff.
He said the Bank, in line with its mandate, provides affordable mortgages to drive homeownership for Nigerians through the National Housing Fund Scheme and remains committed to ensuring that Nigerians in the private and public sectors have access to secure accommodation.
The FMBN MD/CEO further added that FMBN has several products that the university can take advantage of to drive homeownership. This includes the NHF Mortgage loan, Individual Construction Loan, Home Renovation Loan, Rent to Own, Co-operative Housing Development Loan.