FMBN Dispels Myths Around National Housing Fund to Boost Participation

The Federal Mortgage Bank of Nigeria (FMBN) is dispelling misconceptions surrounding the National Housing Fund (NHF) to increase worker participation in affordable housing finance. FMBN, with a renewed focus under the leadership of Shehu Osidi, has seen a significant rise in NHF registrations nationwide.

Despite this progress, millions of Nigerian workers are still outside the NHF due to skepticism, misinformation, or lack of awareness. The NHF scheme, established in 1992, aims to provide accessible housing finance to Nigerians, particularly low and middle-income earners.

FMBN's ongoing reforms seek to enhance transparency and service delivery to help more Nigerians achieve their homeownership dreams.