‘Jonathan’s Transformation Kick-starts Revolution In Mortgage Sector’ Data recently released by the office of the Managing Director/CEO, the Federal Mortgage Bank of Nigeria (FMBN), Mr. Gimba Ya’u Kumo, shows that housing and housing finance are gradually becoming the key drivers of economic development, political stability and forming a substantial part of Nigeria’s Gross Domestic Product (GDP) especially in the last three years. The record also shows that the demand for housing and housing finance in Nigeria is significant and growing steadily with huge potential to launch the nation’s economy on the stride to fortune. And key players in the sector, including Mr. Kumo, have attributed the progress to the ‘’Transformation Agenda’’ of President Goodluck Jonathan – a direct result of the Housing Retreat earlier organised by President Jonathan. It was the retreat that kick-started the launch of the Nigeria Mortgage Finance Company (NMRC) that signalled the beginning of a process that is today increasing opportunities for Nigerians to own their homes at an affordable price. one-nigeria.org/jonathans-transformation-kick-starts-revolution-in-mortgage-sector/
Posted on: Thu, 04 Dec 2014 14:41:33 +0000
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