The Federal Mortgage Bank of Nigeria has reaffirmed its commitment to expanding affordable housing access for workers of Nigerian Institute of Advanced Legal Studies.
This followed a courtesy visit by NIALS Director-General Abdulqadir Ibrahim Abidjan to the Bank’s management in Abuja.
FMBN Managing Director Shehu Usman Osidi congratulated Prof. Abikan on his appointment by Bola Tinubu.
Osidi praised NIALS for its role in strengthening legal research, governance and national policy development in Nigeria.
He said institutional collaboration remains vital for improving housing finance delivery and achieving national development goals.
“At FMBN, affordable housing remains central to workers’ welfare and economic stability,” the Managing Director stated.
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Osidi explained that the National Housing Fund Scheme supports civil servants and public workers with accessible mortgage financing.
He disclosed that 67 NIALS staff have benefited from the Home Renovation Loan scheme.
Another 25 staff members are currently awaiting disbursement under the same programme.
Osidi also highlighted other products, including NHF mortgage loans and cooperative housing development loans.
He mentioned new initiatives such as the NHF Diaspora Mortgage Loan and non-interest mortgage financing options.
Prof. Abikan thanked FMBN for the partnership and pledged NIALS’ support through staff training and capacity development.
He welcomed cooperation to expand housing access using alternative and globally accepted financing models.
Both institutions agreed to deepen collaboration to improve staff welfare and strengthen Nigeria’s housing delivery system.
