Home Business Lugbe Estate Commissioning: FMBN MD Osidi Hails FHA as Key Partner in Housing Delivery

Lugbe Estate Commissioning: FMBN MD Osidi Hails FHA as Key Partner in Housing Delivery

...Reaffirms Bank’s Commitment to Affordable Homeownership for Civil Servants and Nigerians in the Diaspora

by Editor

By Chibuike Nwabuko

ABUJA (Precise Post)  –   The Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi, has described the Federal Housing Authority (FHA) as an indispensable partner in the Bank’s mission to provide affordable housing for Nigerians.

Osidi made this known on Tuesday, August 19, 2025, while delivering a goodwill message at the official commissioning of the FHA Complex and Express View Estate in Lugbe, Abuja.

This was disclosed in a statement released on the official X account of the FMBN on Thursday.

The commissioning ceremony was led by the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, who was represented by the Permanent Secretary of the Ministry, Dr. Shuaib Mohammed Belgore. Also present were the Chairman of the House of Representatives Committee on Housing, Hon. Abdulmumin Jibrin, as well as other prominent stakeholders in the housing sector.

In his remarks, Osidi reaffirmed FMBN’s commitment to expanding access to mortgage finance for Nigerians both at home and abroad, pledging continued collaboration with FHA to address the country’s housing deficit.

“Together, we can advance the housing delivery vision of President Bola Ahmed Tinubu and contribute meaningfully to the Renewed Hope Agenda of the Federal Government,” he said.

The FMBN boss also commended Minister Dangiwa for his transformative leadership in the housing sector.

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