Home Feature FMBN: Making Home Ownership Possible for Nigerians

FMBN: Making Home Ownership Possible for Nigerians

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Kingsley U.N. Chikwendu —

The above, Ismail Salisu is a benefactor a beautiful three-bedroom semi-detached bungalow built under the Federal Mortgage Bank of Nigeria (FMBN) Ministerial Pilot Housing Scheme II, in Kano state. As a contributor to the National Housing Scheme (NHF), he said he never gave it a thought until 2018, when his wife brought home an FMBN flyer.

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He followed through the process and today owns the house under the FMBN rent-to-own housing product.

“I was thrilled at the possibility of moving into the house and paying for it in monthly, quarterly, or annual installments without having to pay any upfront equity, Salisu said.

“On my first night here, I woke up by midnight. I was excited at the feeling that I no longer had to pay any rent. What is taken from my salary is so flexible that I don’t get to feel it”.

Should you be interested in getting in this, contact an FMBN branch office nearest to you or visit https://www.fmbn.gov.ng/Contact/contact-us.html

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