Diaspora Mortgage Housing Set For Launch In February

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Diaspora Mortgage Housing Set For Launch In February
The Minister of Housing and Urban Development, Arch. Ahmed Musa Dangiwa,
has expressed the Ministry’s willingness to support Diaspora initiatives
in the Housing and Urban Development space as well as encourage
partnerships with the Diaspora in the housing and urban development
narrative through the Nigerians in Diaspora Commission for National
Development.
of the Diaspora Mortgage Housing Scheme in the UK, USA and CANADA, when
he received the Chairman/CEO, Nigerians in Diaspora Commission Hon Abike
Dabiri-Erewa, and some Management Staff in his office in Abuja.
Arch. Ahmed Musa noted that at the recently concluded 6th Edition of the
Nigeria Diaspora Investment Summit,(NDIS), he launched the FMBN Diaspora
Mortgage Scheme which was initiated and developed , along with Nidcom,
when he was MD of FMBN then.
According to the Minister, “the overall goal is to ensure that as our
brothers and Sisters sojourn abroad, they also have a decent shelter
over here in Nigeria to call their home”.
Arch. Dangiwa added that the Federal Housing Authority is also committed
to delivering on their  tripartite mandate of a Diaspora City Project in
partnership with NIDCOM, FHA and FCT.The project is situated at Maitama
2, with over 675 hectares of land.
Earlier, Hon Abike Dabiri-Erewa, speaking on the 4Ds of President Bola
Ahmed Tinubu’s agenda of : Democracy, Development, Demography and
Diaspora, said the  Minister will kick-off the official details and
unveiling of the Diaspora Mortgage scheme in the Diaspora itself
starting in the UK, USA and Canada.
The NIDCOM Boss, commended the Minister for his commitment and
participation and the launch of the Diaspora Mortgage Scheme during  the
Nigeria Diaspora Investment Summit, (NDIS).She also said Nigerians in
Diaspora are enthusiastic about both the Diaspora mortgage scheme and
the upcoming Diaspora smart city in Kabusa , Maitama 2
There are about 20 million Nigerians in the Diaspora and remitting an
average of over $24 billion dollars  annually to shore up the Nigerian
economy.