AGMB Facilitates N3bn Land Deal for Affordable Housing Solutions

AG Mortgage Bank PLC successfully brokers a significant N3 billion land deal between Praco Nigeria Limited and Post Housing Development Limited (PHDL), focusing on delivering premium yet affordable housing solutions. Simon Ogwu, the Executive Director of AG Mortgage Bank PLC, underscores the critical role of the project in providing dignified and secure housing for the brave men and women of the Nigerian Armed Forces.

The collaboration with NSCDC (Nigeria Security and Civil Defence Corps) and the military aims to address the housing deficit in Nigeria. Iheanyi Nwachukwu, a seasoned journalist, provides insights into the strategic goals of AGMB to reduce the housing deficit by one million mortgages by 2030.