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MORTGAGE SCHEME FOR NIGERIANS IN DIASORA SET TO COMMENCE FEB. 2024 – DANGIWA

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Abuja – December 14, 2023 – Viewpoint Housing News

The mortgage scheme for Nigerians in the United States, Canada, and the United Kingdom will begin in February 2024, according to Arch. Ahmed Dangiwa, Minister of Housing and Urban Development.
This was said by Dangiwa “ahead of the proposed launch in February 2024, of the Diaspora Mortgage Housing Scheme in the UK, USA and Canada” during a meeting with Hon. Abike Dabiri-Erewa, the Chairman of the Nigerians in Diaspora Commission, and a few members of the management staff in his Abuja office.
In a statement released on Wednesday and signed by Gabriel Odu from the Protocol Unit, NiDCOM, the Minister stated, “The ultimate objective is to guarantee that while our brethren travel overseas, they also have a respectable place to live here in Nigeria.”

Arch. Dangiwa added that, the Federal Housing Authority was also committed to delivering on their tripartite mandate of a Diaspora City Project in partnership with NIDCOM, FHA and FCT.

The project is situated at Maitama 2, with over 675 hectares of land,” the statement noted.

Earlier, Abike Dabiri-Erewa, commended the Minister for his commitment, participation and the launch of the Diaspora Mortgage Scheme during the Nigeria Diaspora Investment Summit.

She also said Nigerians in Diaspora are enthusiastic about both the Diaspora mortgage scheme and the upcoming Diaspora smart city in Kabusa, Maitama, FCT.

There are about 20 million Nigerians in the Diaspora and remitting an average of over $24bn annually to shore up the Nigerian economy.

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