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FMBN Set To Support Affordable Houses For NYSC Staff
Joel Ajayi
The Federal Mortgage Bank of Nigeria (FMBN) is ready and willing to support the National Youth Service Corps (NYSC) in its quest for affordable houses for it’s members of staff.
This was revealed on Thursday by the bank’s Managing Director, Mr. Madu Hamman, when he received the top management of NYSC at his office in Abuja.
Mr. Hamman who commended the Director General of NYSC, Brig Gen YD Ahmed and his team for the good job they are doing in molding Nigerian youths into becoming responsible citizens reeled out three housing schemes which NYSC staff can benefit from.
“The products at our disposal which your staff can key into are: National Housing Fund Mortgage Loan, Cooperative Housing Development Loan, and Ministerial Pilot Housing Scheme. We operate each of these plans in all our branches across the nation” he said.
The Chief Executive Officer of the FMBN reiterated the bank’s commitment to ensuring that low and middle class Nigerians obtain houses at affordable rates.
Speaking earlier, the NYSC Director-General commended the bank for the enormous effort it is making to provide houses at subsidized rate to all categories of citizens.
General Ahmed said that the reason for the visit was to seek for strong collaboration with FMBN, which will give NYSC staff opportunity to own houses as part of the welfare plan of his administration.
News
LG autonomy: Soludo’s action threat to democracy – BAVCCA warns
The Bloggers and Vloggers, Content Creators Association (BAVCCA) has raised alarm over the actions of Governor Charles Soludo of Anambra State, which they consider a direct threat to Nigeria’s democratic foundations.
At a press conference held on Friday, October 18, 2024, the National Spokesperson of the association, Ada Onoja, expressed deep concern over Governor Soludo’s disregard for the recent Supreme Court judgment on local government autonomy.
Ms. Onoja described his actions as a “direct affront to our legal system and a blatant act of defiance against the highest court in the land.”
She highlighted several points of concern, including the subversion of local government autonomy, threat to democratic processes, political repercussions for President Tinubu, economic and social implications, and a call to citizens to demand accountability from elected officials.
The BAVCCA spokesperson, however, urged President Tinubu to take a firm stand in upholding the rule of law, warning that failure to do so may embolden other state leaders to act similarly, further weakening Nigeria’s democracy and governance.
She also called on all Nigerians to hold elected officials accountable for their actions and to champion the rule of law to ensure that democracy thrives in Nigeria.
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