FG CONSTRUCT WORKERS ESTATE IN AKWA-IBOM, AS AN EFFORT TO IMPROVE HOUSING PROJECTS AFFORDABLE TO NIGERIAN

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    The Federal Government of Nigeria through the Federal Mortgage Bank of Nigeria has constructed Workers Estate in Akwa-Ibom, An 89-housing unit project that is sited in the State capital Uyo at Afia-Nsit/Ikot Ntuen Community, off Abak Road. It comprises a mix of well-built 2 & 3bed semi-detached bungalows and blocks of flats of 1-, 2- and 3-bedrooms.

    The housing estate is a product of the National Affordable Housing Delivery Programme, a special FMBN collaboration with labor unions including NLC, TUC, and NECA whose aim is to design, build and deliver houses that subscribers to the NHF can afford to own within their income. FMBN NHF Mortgage loans are available for beneficiaries with tenors of up to 30-years packaged for the beneficiaries at 6% interest rate.

    Facilities include roads, proper drainages, water and electricity and neighborly spaces.

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