FMBN Launches Nationwide Sensitization on National Housing Fund Scheme at UNILAG

The Federal Mortgage Bank of Nigeria (FMBN) commenced its nationwide sensitization programme on the National Housing Fund (NHF) scheme, aimed at educating government employees about the scheme’s registration, payment processes, and loan benefits.

FMBN Launches Nationwide Sensitization on National Housing Fund Scheme at UNILAG

The Federal Mortgage Bank of Nigeria (FMBN) commenced its nationwide sensitization programme on the National Housing Fund (NHF) scheme, aimed at educating government employees about the scheme’s registration, payment processes, and loan benefits. The inaugural event took place at the University of Lagos (UNILAG) on Thursday, September 26, 2024, at the Tayo Aderinokun Hall.

The programme targeted desk officers from various government agencies, particularly those using the Integrated Payroll and Personnel Information System (IPPIS) across Lagos State. It is part of FMBN’s broader effort to address longstanding issues with pension fund collection and to enhance contributors' understanding of the current status of the NHF scheme.

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Mr. Obafemi Keshinro, Deputy Registrar of UNILAG, represented the institution’s Acting Registrar, Mrs. Olakunle Makinde, at the event. He welcomed the FMBN initiative, noting its potential to resolve key issues. "We’re delighted that FMBN chose our institution for this important programme. It brings hope for resolving many unresolved issues concerning fund collection by pensioners and clarifying the present status of NHF," said Keshinro.

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Prof. Timothy Nubi, Director of the Centre for Housing and Sustainable Development at UNILAG, highlighted the collaboration between FMBN and Lagrande Properties Development Company Limited. He encouraged government employees to consider leveraging this partnership to build homes for retirement.

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Mr. Abdulganiyu Jimoh, who represented FMBN at the event, elaborated on the bank's range of products and services, including support for cooperative societies to build affordable housing. “Cooperative societies can now acquire land, obtain FMBN loans for development, and partner with primary mortgage banks for marketing and estate management,” Jimoh explained.

The sensitization programme underscores FMBN's commitment to resolving challenges within the NHF scheme and ensuring that contributors maximize the benefits available to them.

For more information visit: https://unilag.edu.ng/?p=42394