FG Launches N250bn Real Estate Investment Funds

The Federal Government has launched the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF), valued at N250 billion.  The initiative, which was unveiled at a signing ceremony in Abuja, is set to provide long-term, low-cost mortgage financing while revitalizing the housing and construction sectors. Presiding over the launch, the Minister of Finance and…

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Reps call for reliable data on housing deficit

The House of Representatives has urged the Federal Government to provide scientific, verifiable data on the housing deficit and improve access to affordable housing in the country. This decision was taken on Tuesday’s plenary after adopting a motion on “Provision of affordable housing in Nigeria,” sponsored by the member representing Ikono/Ini Federal Constituency of Akwa…

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