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FMBN expands affordable housing finance to informal sector

The event brought together stakeholders in the housing sector to address the continent’s housing challenges.

Osidi highlighted the bank’s vision to champion housing finance across Nigeria.

“Our vision is encapsulated in aggressively pursuing significant strategic goals and repositioning the bank towards shaping its future to champion housing finance inclusiveness across socioeconomic and demographic segments of the country,” he stated.

The FMBN CEO emphasised the bank’s focus on creating affordable mortgage products for the informal sector, which accounts for over 70 per cent of Nigeria’s workforce.

“We will achieve this through cooperative societies and trade/markets associations,” he stated.

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