The Federal Mortgage Bank of Nigeria (FMBN) has reaffirmed its commitment to expanding access to affordable housing finance through stakeholder engagement and increased awareness of its products and services.
The Managing Director and Chief Executive Officer of FMBN, Mr Shehu Osidi, said this in a statement issued on Monday in Abuja by Mr Joe Abuku, the bank’s Group Head of Corporate Communications.
According to Osidi, the initiative is aimed at bridging Nigeria’s housing deficit and ensuring that more citizens, particularly low and middle-income earners, benefit from government housing interventions.
He said the bank was prepared to provide affordable housing guidance and on-site National Housing Fund (NHF) services during FMBN Day at the ongoing Africa International Housing Show (AIHS) 2026.
“The bank will provide Nigerians with expert guidance on affordable housing finance, mortgage opportunities and the Bank’s wide range of housing interventions.
“The Africa International Housing Show is Africa’s largest housing and construction exhibition and the continent’s premier annual gathering of housing stakeholders.
“The annual event brings together policymakers, housing finance institutions, developers, investors, construction professionals and other stakeholders to discuss practical solutions to housing challenges and promote sustainable housing development across Africa.”
Osidi said participants would receive firsthand information on FMBN’s housing finance products, including the NHF Mortgage Loan, Rent-to-Own Scheme and Home Renovation Loan.
Other products include the Cooperative Housing Development Loan, Diaspora Mortgage Product and additional financing solutions designed to expand access to decent and affordable housing.
He said FMBN Day, themed “Leveraging Partnerships for Sustainable Affordable Housing for Low-Income and Informal Workers,” would provide an opportunity for prospective homeowners, NHF contributors, cooperatives and employers to engage directly with the bank.
According to him, participants will also be able to explore housing projects financed by FMBN in partnership with developers nationwide and gain insights into available homeownership opportunities.
Osidi added that presentations and interactive sessions would focus on mortgage financing, the operations of the NHF Scheme, loan repayment structures and other issues aimed at improving public understanding of housing finance.
“FMBN Day at AIHS provides an important platform to engage directly with Nigerians, answer questions on the Bank’s housing finance programmes.
“It will also strengthen collaboration with developers, employers, cooperatives and other stakeholders working to improve access to affordable housing,” he said.(NAN)
