The Federal Mortgage Bank of Nigeria was yesterday, inaugurated as a member of the Project Implementation Committee for the Renewed Hope Cities and Estates Programme, Karsana.
The inauguration was performed by the Honourable Minister of State for Housing and Urban Development, Abdullahi Tijjani Gwarzo, at the Ministry’s headquarters in Abuja, with the Managing Director and Chief Executive of the Bank, Shehu Usman Osidi, in attendance.
The Bank was inaugurated as a development partner, alongside other partners including Family Homes Fund Limited (FHFL), C23 Consultant Limited, Continental Civil & General Construction Company Ltd, and Ceezali Nigeria Ltd.
The Committee was assigned 10 responsibilities among which are Project Monitoring & Evaluation; Project Review meetings; Fortnightly Report to the Ministry; Interfacing with FCT Administration; Follow-up with the provision of off-site road infrastructure; Overseeing the profiling and identification of project off-takers; Facilitating mortgage facilities for NHF subscribers; Overseeing the disposal of completed Housing Units; Organizing Project Commissioning Ceremony, and undertaking any other task incidental to the successful delivery of the project.
