The Africa International Housing Show (AIHS) has announced a significant partnership with the Federal Mortgage Bank of Nigeria (FMBN) to feature a comprehensive showcase of housing innovations and mortgage services during the 19th edition of AIHS in Abuja.
This strategic partnership, according to Mr. Festus Adebayo, aimed to provide a platform for FMBN to educate Nigerians about its contributions to the housing sector and to demonstrate its commitment to addressing the nation’s housing deficit.
“The dedicated day will feature sessions led by seasoned experts, focusing on FMBN’s diverse mortgage services and impactful projects.
“The bank will highlight its efforts in providing affordable mortgage financing, facilitating homeownership, and supporting the development of sustainable housing solutions,” he said.
On the National Housing Fund (NHF), he said that FMBN will elaborate on the NHF scheme, emphasizing its role in mobilizing funds for affordable housing development so that participants could gain insights into the benefits of contributing to the NHF and how it enables access to low-interest mortgage loans.
Besides, he said the bank will showcase its support for cooperative societies in developing housing estates, highlighting the impact of this initiative on community development and affordable housing provision.
According to Adebayo, the partnership will afford the FMBN to provide detailed information on its Rent-to-Own scheme, a program designed to make homeownership more accessible to low- and middle-income earners.
On individual mortgage loans, he said the bank will elaborate on its individual mortgage loan products, outlining the eligibility criteria, loan terms, and application process, adding that the bank as also has the opportunity to showcase its support for estate developers, emphasizing its role in financing large-scale housing projects across the country.
“A significant portion of FMBN’s day will be dedicated to enhancing public understanding of its mortgage services and improving accessibility.
“Experts will address common misconceptions and provide practical guidance on navigating the mortgage application process,” he said.
Scheduled to take place from July 27 to August 1, 2025, he said the forum would afford FMBN to demonstrate its efforts in leveraging technology to streamline mortgage applications and improve customer experience.
“The bank will conduct workshops and seminars to educate participants on financial planning, mortgage financing, and homeownership responsibilities.
“FMBN will present its strategies for addressing Nigeria’s housing deficit, highlighting its collaboration with other stakeholders in the housing sector,” Adebayo said.
According to him, FMBN’s participation in AIHS 2025 also underscored its commitment to collaborating with other key players in the housing finance ecosystem, including the Ministry of Finance Incorporated (MOFI), Family Homes Funds Limited (FHFL), Federal Housing Authority (FHA), and Nigeria Mortgage Refinance Company (NMRC).
FMBN, he said, aimed to reinforce the housing finance framework by providing essential mortgage financing and supporting sustainable housing development.
“By working in synergy with other agencies, FMBN seeks to accelerate the delivery of affordable housing to Nigerians.
FMBN will engage directly with real estate developers, investors, and potential homeowners, showcasing opportunities for collaboration and investment.
“The event will serve as a platform for FMBN to extend its flagship initiatives and demonstrate how it can work with key stakeholders to drive sustainable housing development in Nigeria,” Adebayo said.
ALSO READ TOP STORIES FROM NIGERIAN TRIBUNE
and then