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The Federal Government has handed over affordable housing units to beneficiaries under the National Housing Fund (NHF) scheme in Abuja, marking another milestone in efforts to expand homeownership and improve access to affordable housing. The initiative highlights the role of the Federal Mortgage Bank of Nigeria (FMBN) in supporting workers and addressing Nigeria's housing deficit through sustainable housing finance solutions.
Federal Government Advances Homeownership with Housing Delivery to NHF Beneficiaries
The Federal Government has handed over completed housing units to beneficiaries of the National Housing Fund (NHF) in the Federal Capital Territory (FCT), marking another milestone in efforts to expand access to affordable homeownership in Nigeria. The handover underscores the government's commitment to translating housing finance contributions into tangible housing opportunities for contributors to the NHF scheme. The beneficiaries received the homes through the Federal Mortgage Bank of Nigeria (FMBN)-supported housing finance framework designed to improve access to affordable housing.
AIHS @20: FirstBank, Dangote Cement, FMBN and MREIF Champion Affordable Housing Push
The 20th edition of the Africa International Housing Show (AIHS) is set to bring together some of Nigeria's most influential housing finance institutions, developers, policymakers and construction industry stakeholders in a renewed effort to expand affordable housing delivery and improve access to homeownership. Among the major organisations supporting the initiative are FirstBank, Dangote Cement Plc, the Federal Mortgage Bank of Nigeria (FMBN) and the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), all of which are playing increasingly significant roles in addressing Nigeria's housing challenges.
Tinubu Flags Off Two Strategic Road Projects in Abuja, Reaffirms Infrastructure-Led Development
President Bola Tinubu has flagged off the construction of two strategic road projects in the Federal Capital Territory (FCT), reinforcing his administration's commitment to infrastructure-led development as a catalyst for economic growth, urban expansion and improved quality of life. The projects form part of ongoing efforts to strengthen Abuja's transportation network and support emerging development corridors across the nation's capital.
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Nwosu Hails Wike's Infrastructure Drive, Cites Abuja's Ongoing Transformation
Former Chief of Staff to a former Governor of Imo State and former governorship candidate, Ugwumba Uche Nwosu, has commended the Minister of the Federal Capital Territory (FCT), Nyesom Wike, for the ongoing infrastructure development across Abuja, describing the projects as visible evidence of purposeful governance and urban transformation. According to Nwosu, the scale of road construction, bridge development and public infrastructure delivery under the current FCT administration has significantly improved connectivity and enhanced the capital city's outlook.
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EFCC Trial Over Alleged ₦577 Million Abuja Land Fraud Stalled as Witness Misses Court
Proceedings in a high-profile alleged ₦577 million Abuja land fraud case have been stalled after a key prosecution witness failed to appear before the court, forcing an adjournment in the matter. The case, being prosecuted by the Economic and Financial Crimes Commission (EFCC), centres on allegations of fraudulent transactions involving land in the Federal Capital Territory and highlights ongoing concerns about transparency and accountability within Nigeria's property sector.
Lagos Orders Alaba Rago Traders to Vacate Unauthorised Trading Spaces Within 72 Hours
The Lagos State Taskforce has issued a 72-hour quit notice to traders operating in unauthorised locations at Alaba Rago Market, directing them to vacate road setbacks, drainage alignments and other public spaces obstructing traffic and environmental infrastructure. The directive forms part of the state's broader efforts to restore order, improve mobility and enhance public safety within one of Lagos' busiest commercial districts.
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