Do you know that ever since the Federal Mortgage Bank of Nigeria (FMBN) was established about 25 years ago, its greatest record of achievement in providing affordable housing for Nigerians has been attained under the Buhari administration?
By the time the bank was 20 years old, it was only able to build 20, 435 housing units but just within the last 5 years, under the Buhari administration, it has been able to add about 10, 480 housing units across various parts of the country, bringing the total units it delivered to Nigerians at 30, 915, which simply means that about 34% of its current stock was gained under this administration.
With steady investment by the administration, the FMBN has been able to develop accommodation for subscribers to the National Housing Fund, ranging from 1-bedroom apartments to 3-bedroom bungalows. And more significantly, the construction of these houses has been able to create thousands of jobs and business opportunities, especially in the building materials sector, which makes it a profitable economic investment.
Yes, Nigeria is on track!