ABU Seeks Federal Mortgage Bank's Support for Staff Housing

Ahmadu Bello University (ABU) has taken a significant step towards addressing the housing needs of its staff by approaching the Federal Mortgage Bank of Nigeria (FMBN) for support.

Vice-Chancellor Professor Adamu Ahmed met with FMBN's Managing Director, Shehu Usman Osidi, to discuss challenges faced by the university's in-house unions in accessing mortgage facilities for staff housing.

The Federal Mortgage Bank of Nigeria is the apex mortgage finance institution in the country, responsible for developing and regulating primary mortgage originators and managing the National Housing Fund. ABU's partnership with FMBN aims to provide staff with easier access to mortgage facilities, addressing long-standing housing challenges.

This development is expected to have a positive impact on the lives of ABU staff, enabling them to own homes and improving their overall well-being.