Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has charged the Federal Mortgage Bank of Nigeria to lead a new era of massive housing development and delivery even in these difficult times of high construction costs and lower incomes.
The minister who gave the charge at the weekend while delivering a keynote address during the 2024 management retreat of the bank, in Suleja, Niger State, said the bank must key into President Tinubu’s expectations and the needs of Nigerians for affordable housing.
He urged the mortgage bank to improve customer service delivery and ensure it achieves the completion and full operationalisation of the core banking application.
“What this means is that FMBN must transform. FMBN must innovate. And FMBN must lead a new era of massive housing development and delivery even in these difficult times of high construction costs and lower incomes. This requires a radically new mindset, thinking out of the box and identifying the opportunities that these challenges present,” he said.