• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, August 21, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result
ADVERTISEMENT

Kano Govt Returns To NHF, Signs Agreement With FMBN

by Abdulmumin Murtala
7 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

Kano State government has signed a Memorandum of Agreement (MoA) with the Federal Mortgage Bank of Nigeria (FMBN) to resume the National Housing Fund (NHF) contribution scheme for civil servants in the state after 23 years of opting out.

Advertisement

This MoA was signed on Friday at the office of the Kano State Head of Service (HOS), Abdullahi Musa, who represented the state government, and Shehu Usman Osidi, the managing director/ chief executive, FMBN, who signed on behalf of the bank.

He assured the state government of the bank’s commitment to ensuring that the state’s workforce reaps the full benefits of the scheme while he highlighted them.

He also recalled that the FMBN had financed 10 housing projects in Kano state with funding of over N6.8 billion, most of which have been completed and delivered.

“Distinguished ladies and gentlemen, this event marks a significant milestone in our collective quest to provide sustainable and affordable homeownership opportunities to Nigerian workers, particularly in Kano State.

RELATED

Contractors Accuse Soludo Of ‘Selective’ Payment Of N900m Debt

Assault On Corps Member: Soludo Sacks Vigilante Operatives

6 minutes ago
Tenure Expiration: PDP Warns Ex-Rivers LG Chairmen Against Disrupting Public Peace

PDP Wants 4 Osun Lawmakers Sacked Over Defection

6 minutes ago

“The decision of the Kano State Government to return to the NHF scheme after more than two decades is not only historic but also a testament to the government’s renewed commitment to improving the living standards of its workforce.

“Since 2000, the state’s non-participation has meant that thousands of civil servants in Kano State have been unable to access affordable housing loans under the NHF.

“Today, that era ends, and a new chapter of possibilities begins. Through this agreement, Kano State workers will now be eligible to enjoy the various housing finance products offered by FMBN, including NHF Mortgage Loans at single-digit interest rates for home ownership, Individual Construction Loans that allow individuals to build their houses directly, Home Renovation Loans to improve existing houses, Cooperative Housing Development Loans that would enable members of cooperative societies to own their homes, Rent-to-Own Schemes that allow workers to gradually own their homes while paying rent Non-Interest Mortgage Products that meet ethical standards and Other innovative housing solutions tailored to meet their needs.

“I want to assure the Kano State Government, represented by the Head of Service, and all stakeholders present here, particularly our esteemed labour leaders, that FMBN is fully committed to ensuring that the State’s workforce reaps the full benefits of this scheme.

“Our bank has undergone significant reforms, and we now operate with enhanced efficiency, transparency, and digitalised processes to make access to housing finance easier and faster. Refunds to retired contributors are also being processed timely,” he stated.

On his side, the Head of Service, Abdullahi Musa, lamented the far-reaching effects of the earlier withdrawal from the National Housing Scheme, which denied the workers various financial opportunities.

“I feel honoured to be part of this occasion of signing the Memorandum of Agreement between the Kano state government and the Federal Mortgage Bank of Nigeria.

“This initiative supports our unwavering commitment to enhancing the welfare and well-being of our dedicated civil servants.

“It is pertinent to know that Kano state actively participated in the National Housing Scheme until its exit in 2000.

“The decision to withdraw had far-reaching implications, particularly on the civil servants who were deprived of the available mortgage financing opportunities”, he stated.

However, he describes the housing scheme as a fundamental component of workers’ welfare, adding that access to decent and affordable accommodation directly affects productivity, financial security, and overall well-being of the worker.

He describes this as necessary to achieve the state government’s plan to enhance the welfare of state civil servants.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians in Nigeria and those in diaspora can now earn Dollars while at home with Ultra-Premium domains, acquire them for $1700 and profit up to $25,000. Click here to start.

US based Nigerian used a secret app to catch his cheating wife in Nigeria, Click here to see step by step on how he uncovered the truth


Tags: Federal Mortgage Bank of Nigeria (FMBN)Kano StateNational Housing Fund (NHF)NHF
SendShare10180Tweet6363Share
Previous Post

Profiting From Wedding Dress Rentals

Next Post

Police Arrest Fleeing Terrorist’s Wife, Associates In Kano

Abdulmumin Murtala

Abdulmumin Murtala

You May Like

Contractors Accuse Soludo Of ‘Selective’ Payment Of N900m Debt
News

Assault On Corps Member: Soludo Sacks Vigilante Operatives

2025/08/21
Tenure Expiration: PDP Warns Ex-Rivers LG Chairmen Against Disrupting Public Peace
News

PDP Wants 4 Osun Lawmakers Sacked Over Defection

2025/08/21
16 Persons Burnt To Death In Ogun Auto Crash
News

7 Killed In Yobe-Maiduguri Highway Accident

2025/08/21
NEDC: Merits And Demerits Of Development Strategies
News

NEDC Donates Relief Items To PWDs Affected By Flood In Borno

2025/08/21
Kwara Named ‘Procurement Reform State’ For 2025
News

Kwara Named ‘Procurement Reform State’ For 2025

2025/08/21
2Baba’s Performances Once Made Ladies Faint – D1
Entertainment

2Baba’s ‘African Queen’ Tops Billboard’s Best Afrobeats Songs Of All-Time

2025/08/21
Leadership Conference advertisement

LATEST

Assault On Corps Member: Soludo Sacks Vigilante Operatives

PDP Wants 4 Osun Lawmakers Sacked Over Defection

7 Killed In Yobe-Maiduguri Highway Accident

NEDC Donates Relief Items To PWDs Affected By Flood In Borno

Kwara Named ‘Procurement Reform State’ For 2025

2Baba’s ‘African Queen’ Tops Billboard’s Best Afrobeats Songs Of All-Time

States Creation Not Answer To Nigeria’s Challenges

Odion: A Fitting Appointment

Royal Dispute: Alaafin May Publish Supreme Court Ruling

ADC Opposes Plan To Raise Political Office Holders’ Salaries

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.