By Mercy Adi
The Chairman of the House of Representatives Committee on Housing, Jibrin Abdulmumin, has expressed commitment towards ensuring the provision of adequate housing for Nigerians.
He made this known during a meeting with stakeholders within the housing sector at the National Assembly Complex in Abuja.
Abdulmimin said the Committee was going to address the issue of the MOFI Real Estate Investment Fund as well as the Renewed Hope Housing Project among others.
He said there was a need to address the issue of housing finance which is very critical.
He said there was a need to get every stakeholders’ perspectives on the various issues.
The lawmaker noted that the Committee had instructed the Central Bank to immediately stop the application of single obligator limit to primary mortgage banks in respect of the National Housing Fund due to its implications.
The lawmaker said the Committee was going to ensure it uses every legislative instrument to address the issues and ensure a better life for Nigerians.
Managing Director of MOFI, Dr Takang Armstrong, said housing is a fundamental right of every Nigerian, hence it is prioritised by President Bola Tinubu.
“We are committed to ensuring that Nigerians get better housing, regardless of what their social status is, and regardless of how much money they make.
“For us as Mofi, Ministry of Finance Incorporated, our main role is to serve as the investment and the asset manager for the federal government of Nigeria. And one of the key things we have a responsibility for is to mobilize capital, not only within the government, but from the private sector and the international community to address priority sectors of our economy.
“Housing is one of those. When we think about housing, it’s not just about the social impact it has in terms of housing our people, but it’s a major stimulant for the economy,” he said.
Minister of Housing and Urban Development, Arc Ahmed Dangiwa, expressed gratitude to President Bola Tinubu for making the housing sector a priority by giving it the attention it deserves.
He said the renewed hope agenda is indeed a renewed awakening of the housing and urban development sector.