Tag: Diaspora Housing Scheme

NDIS 2023: Nigerian Diaspora to access N50m Housing Loan …. As Minister unveils Diaspora Housing Scheme

Emporium Reporters

The Minister of Housing and Urban Development Architect Ahmed Dangiwa has launched the Diaspora Housing Scheme with a facility for Diaspora access up to N50 million naira loan for mortgage with an interest rate of 6.9 per cent, paid over a period of 10 years.   Architect Ahmed Dangiwa made this known as the sixth edition of Nigeria Diaspora Investment Summit (NDIS), opened in Abuja.   The Minister, who initiated the scheme while serving as the MD/CEO of the Federal Mortgage Bank of Nigeria, described his position as a positive…

NiDCOM, FMBN set to launch Diaspora Housing Scheme

Emporium Reporters

A comprehensive Diaspora Housing Mortgage Scheme is set to be inaugurated.   Hon (Dr) Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), stated this when she visited the Management and Staff of the Federal Mortgage Bank of Nigeria (FMBN) in Abuja. This was coming after both agencies have concluded the final stages of the Diaspora Housing Mortgage Policy.   Dr Dabiri-Erewa, maintained that Nigeria, being the highest diaspora- remitting country in sub-saharan Africa with over 19 billion dollars in 2021, according to the World Bank, assisting them own houses of…