$300 Million World Bank Loan Facility For Nigerians - Properties - Nairaland
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| $300 Million World Bank Loan Facility For Nigerians by judchuks20(m): 12:03am On Jun 20, 2017 |
The Federal Government has unveiled a $300 million World Bank loan facility to support new housing scheme known as the National Housing Finance Programme (NHFP). According to the Deputy Director, Other Financial Institutions of the Central Bank of Nigeria (CBN), Mr Adedeji Adesemoye, the sceme is a Public Private Partnership (PPP) programme, designed to improve more access to financing housing projects in the country. Speaking at the unveiling yesterday in Abuja, he explained that the new structure was different from the National Housing Fund (NHF), stressing that it will encourage artisans, graduates and other low income earners to own personal homes with a guaranteed credit from the CBN. Read More... http://medianet.info/2017/06/19/300-million-world-bank-loan-facility-for-nigerians/ 1 Like |
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