Gov. Makinde partners with FMBN on provision of affordable housing for workers

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Gov. Makinde partners with FMBN on provision of affordable housing for workers

Gov. Seyi Makinde of Oyo State says his government is ready to partner with the Federal Mortgage Bank of Nigeria(FMBN) on provision of affordable housing for state workers.

Makinde made this known, on Tuesday in Ibadan, when the Management team of the FMBN visited him at the state secretariat, Ibadan.

According to him, having affordable houses is one the improvements the government desires for the state workers.

He acknowledged the importance of the FMBN services, adding that the state government is ready to partner with it and benefit from its housing services.

He reiterated the commitment of his administration towards
improving the workers’ welfare, saying provision of affordable housing would definitely enhance workers’ living standards.

He stressed that his government has many good projects, such as Free Trade Zone, Ibadan Dry Port and Upgrading of Ibadan Airport.

“We are targeting all these development projects to improve the economy of the state.

“In view of the importance of FMBN, Oyo Government is ready to partner and a government delegation will soon engage with the management of the FMBN.

“We will investigate why Oyo State stopped its contributions into the programme and if there are challenges we will engage the bank to resolve it,’’ Makinde said.

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Earlier, the leader of the team, Mr Kabir Yagboyaju, said the purpose of the visit was to intimate the governor about the programmes of the FMBN and to congratulate him on his victory at the poll.

Yagboyaju noted that Oyo State was not contributing into National Housing Fund scheme and wanted the state to take a leading role in contributing to the scheme.

He explained that the participation of the state in the NHF scheme could not be over-emphasised.

He requested the governor to approve the immediate resumption of contribution of the state and local governments workers to NHF scheme.

“The FMBN is the first foremost mortgage institution that is responsible to drive home ownership among Nigeria workers, particularly in the low and medium sector,’’ he said.

Yagboyaju further made a request for a parcel of land that would be used to build FMBN office in the state capital.