News
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
Tinubu, PDP Hail Gov Okpebholo’s Road Infrastructural Revolution in Edo
Joel Ajayi
President Bola Ahmed Tinubu has lauded the infrastructural strides of Edo State Governor, Senator Monday Okpebholo, particularly the ongoing construction of the state’s first-ever flyover bridge, describing it as a landmark intervention in easing urban traffic and modernizing Edo’s transport system.
The President extolled the governor’s foresight in embarking on the one-kilometre flyover project at Ikpoba Hill in Ikpoba Okha Local Government Area, noting that its completion would transform vehicular movement and strengthen the urban fabric of Benin City.
Tinubu praised Okpebholo’s early performance in office, affirming that the governor had set a new standard of governance in Edo.
The president represented by the Minister of Works, Engr. Dave Umahi, emphasized that the governor’s bold approach to road and bridge construction in the State underscores the All Progressives Congress’ (APC) progressive agenda.
“This is a 24-span structure, each span measuring 20 meters, amounting to a one-kilometre bridge. The quality and pace of work are impressive. Edo is witnessing a first, and I believe more such projects should follow in Benin City to address the heavy traffic,” Umahi conveyed on behalf of the President.
The Minister contrasted the efficiency of state-driven projects with some federal contracts, lamenting that contractors often display greater discipline when working under governors than when handling federal assignments.
He pledged to enforce stricter accountability standards at the federal level to ensure value for money and timely delivery.
“I commend Governor Okpebholo for insisting on concrete technology. Roads built with reinforced concrete last 50 to 100 years, saving scarce resources. Nigeria cannot continue to spend on recurring reconstruction. We must invest in durability,” Umahi stressed.
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