Home News MORTGAGE SCHEME FOR NIGERIANS IN US, OTHERS STARTS SOON – FG

MORTGAGE SCHEME FOR NIGERIANS IN US, OTHERS STARTS SOON – FG

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Abuja – November 14, 2023 – Viewpoint Housing News

The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that, Mortgage schemes for Nigerians in the US, UK, and Canada are set to launch soon, This was revealed by Dangiwa on Tuesday in Abuja during the 6th Nigeria Diaspora Investment Summit.

While Speaking on the theme, ‘New Vistas, New Aspirations, New Opportunities: The Diaspora and National Development’,  Mr. Dangiwa pledged to support Diaspora initiatives surrounding housing and urban development in Nigeria, in order to make a change, shift narratives, and encourage partnerships.

“I am excited to be the Minister of Housing and Urban Development to launch the Diaspora Mortgage Scheme, which I initiated as the MD/CE of the Federal Mortgage Bank of Nigeria on this auspicious occasion,” the Minister said, adding that he views Diasporans as Nigerians who, despite living abroad, yearn to own homes in Nigeria.

“Indeed, I see it as a fortunate turn of events, and I would want to take this opportunity to encourage Nigerians living abroad to take advantage of the Scheme and fulfill their aspirations of owning affordable homes in Nigeria.

“I am aware that the Mortgage scheme is set to be formally launched in the United Kingdom, Canada, and the United States soon, and I hope that the Diaspora community would take full advantage of this opportunity and massively subscribe to reap its short and long-term benefits . The Nigerians in the Diaspora are the most patriotic, despite the challenges they face. We have a sole responsibility for the development of sports in Nigeria and sports have the power to unite and transform more than every other sector.” The minister added.

The Chief Host, NDIS, the Chairman, Nigerians in Diaspora Commission, Abike Dabiri-Erewa stated that, in the quest of the Federal Government to go far in repositioning the economy, there was a need to partner with the Nigerians in Diaspora in achieving these goals.

“His Excellency, President Bola Ahmed Tinubu who has just returned from attending the Saudi-Africa Summit made efforts to underscore Nigeria’s commitment to attracting more Diaspora direct investment and expand business partnerships, which are strongly reinforced by the administration’s ongoing domestic economic reforms.

“The summit is very appropriate because it creates innovative platforms of partnerships, between the Government and the Diaspora, in attracting investment into local businesses and thus enhancing Diaspora Direct Investment in the country,” she added.

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