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FG Sets Up Board To Promote Affordable Housing For Low-Income Earners.

AdminBy AdminAugust 1, 2024Updated:August 1, 2024No Comments2 Mins Read
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By Daniel Peters .


The Federal government has inaugurated the Board of Family Homes Funds Limited, as part of deliberate efforts towards addressing the housing needs of low-income earners in Nigeria.

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, while
inaugurating the Board Members in Abuja on Wednesday,stated that the Fund’s mandate, aimed at fostering an inclusive environment, creating jobs, and eradicating poverty,
aligned with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration.

Mr.Edun expressed confidence in the Board Members’ ability to deliver on their mandate, noting that the selection process was strictly merit-based.

The Chairman of the committee, Mr. Ademola Adebise, acknowledged the call to duty, stating that their mandate was to provide affordable homes for low-income earners in Nigeria, in line with the policy objectives of government.

Mr Adebise assured that members would bring in their wealth of experience to bear in ensuring the realization of the board’s mandate.

Earlier in her welcome remarks, the Permanent Secretary, Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya, commended President Bola Ahmed Tinubu for approving the appointment of the Board Members, whom she described as experts in various fields of endeavour.

She also commended Mr.Edun for his doggedness in ensuring the full implementation of government policies and programmes that positively impact on the lives of millions of Nigerians.
Contributing, the Permanent Secretary, Special Duties, Mr Okokon Ekanem Udo, noted that home is very essential to human life, adding that no government would like to toy with it, stressing that the committee’s assignment is very critical to the entire populace.

He, therefore, called on the board members to ensure that they bring in their wealth of experience to bear in fulfilling the realization of the policy thrust of the government

The board Members, comprises of experienced professionals from various fields, are:

They are:Abdul Mutallab Muktar – MD/CEO,Henry Emeka Inegbu – Executive Director Operations,Abdullahi Musa – Executive Director Finance,Dr. Eniang Nkang – Non-Executive Director,and Sam N. Okagbue – Non-Executive Director.

Others are:Dr. Armstrong Ume Takang – Non-Executive Director (MOFI Representative),Sybil Etuk – Non-Executive Director (NSIA Representative),Bilkisu Usman,Member and Abubakar Bello, FHFL Representative

Our Correspondent reports that the inauguration of the Family Homes Funds Board marks a significant milestone in the government’s efforts to address the housing needs of low-income earners in Nigeria.
Edited by Dada Ahmed.

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