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The Managing Director and Chief Executive of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi, has underscored the importance of strategic partnerships in expanding affordable housing access for low-income and informal sector workers, saying collaboration remains the most sustainable pathway to addressing Nigeria’s housing deficit and deepening financial inclusion. Speaking at the 2026 FMBN Day during the Africa International Housing Show (AIHS) Legacy Edition in Abuja, Osidi said millions of Nigerians remain excluded from traditional mortgage systems despite their significant contribution to national economic productivity. He stressed that affordable housing challenges cannot be solved by government or financial…

by Ikem Okems The Nigerian Minister of Housing and Urban Development, Engr Muttaqha Darma, has reaffirmed Nigeria’s commitment to expanding affordable housing and driving sustainable urban development, highlighting the government’s ongoing construction of more than 10,000 housing units, reforms to modernise land administration, efforts to strengthen housing finance, and plans for a nationwide mass social housing scheme expected to deliver about 160,000 homes across the country. Declaring open the 20th Africa International Housing Show, AIHS in Abuja on behalf of President Bola Ahmed Tinubu, the minister said housing has become a cornerstone of Nigeria’s economic transformation agenda, serving not only…