Chairman of the Dangote Group Aliko Dangote has advised the Federal Government to adopt an international mass housing model to reduce Nigeria’s 17 million housing deficits.
He spoke during a meeting with the Board of the Federal Mortgage Bank of Nigeria (FMBN) alongside Chief Executive of the BUA Group, Alhaji Abdulsamad Rabiu in Abuja.
He supported the proposed N500 Billion recapitalisation of the Federal Mortgage Bank of Nigeria (FMBN), saying it will help boost the bank’s efforts at improved service delivery.
In a statement by the Head of Corporate Communications, Ahmed Kawoji, yesterday in Abuja, Dangote said keying into such models would not be out of place as such had worked in other countries.
His words: “Count me as a friend of FMBN. We are open to collaborating and supporting the good work that your bank is doing towards ensuring the provision of affordable housing to medium and low-income earners in Nigeria”.
Dangote expressed readiness to collaborate with FMBN towards lowering the housing deficit by increasing the tempo and scale of social housing provision across the country.
Chairman, BUA Group of Companies, Rabiu reiterated his commitment towards a close partnership with FMBN.
“I am committed to forging a partnership that will add value to FMBN’s work and I look forward to furthering engagements in this regard”.
FMBN Board Chairman, Dr Adewale Adeeyo, assured the businessmen that FMBN will work closely with them to realise the partnerships.