FG DISBURSED N303,750,000 TO 463 CONTRIBUTORS TO THE NATIONAL HOUSING FUND, (NHF), SCHEME IN KWARA STATE

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The Federal Government of Nigeria through the Federal Mortgage Bank of Nigeria, FMBN, in 2021, disbursed home renovation loans totaling N303,750,000 to 463 contributors to the National Housing Fund (NHF) Scheme in Kwara State.

A total of 1,575 Kwara State civil servants have benefitted from the FMBN home renovation loans valued at N1,025,283,000 over the past four years.

The FMBN Home Renovation loan provides up to N1million to enable eligible contributors to the National Housing Fund (NHF) Scheme that already own their homes to carry out improvements.

Over the past four years, FMBN has provided home renovation loans totaling over N49.265bn to 63,079 Nigerians.

[The Tribune]

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