The Minister of Power, Works and Housing, Mr Mr Babatunde Fashola, has inaugurated 100 housing units in Ogbomosho, Oyo state, a project funded by the Federal Mortgage Bank of Nigeria (FMBN).

On Friday during the inauguration of the housing unit, Fashola said meeting the housing needs of Nigerians was a major priority of the Federal Government.


He commended the bank, the developer and other stakeholders, who contributed to the completion of the project.

He said, the Federal Government embark on the housing programme to meet the housing needs of Nigerians and create employment for Nigerians executing the project.

He said the FMBN had since the beginning of the current administration in the country contributed immensely to efforts being made to address the housing needs of Nigeria.

In his remarks, Mr Richard Esin, the Acting Managing Director of the FMBN, said a construction loan of N561.2 million was advanced to the developer, Viva Construction Ltd, to deliver the 100 housing units.



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