June 3, 2026

By Johnbosco Agbakwuru

ABUJA —— PRESIDENT

Bola Tinubu has hailed the Ministry of Finance Incorporated Real Estate Investment Fund, MREIF, after the scheme delivered N128 billion in affordable mortgages to 1,859 Nigerian families across 25 states under the Renewed Hope Agenda.

The beneficiaries, drawn from the six geopolitical zones of the country, accessed mortgages of up to 20 years at a fixed rate of 9.75 per cent per annum, with a 10 per cent minimum equity contribution.