
FG Opens Single-digit Mortgage Loans For Nigerians
Ministry of Finance Incorporated (MOFI) says Nigerians have started accessing affordable long-term mortgage facilities at 9.75 per cent. The mortgage facilities extend as long as 20 years, a radical initiative aimed at bridging the country’s estimated 20 million units housing gap. Chief Executive Officer, (MOFI), Dr. Armstrong Takang, said several beneficiaries across geopolitical zones have…