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FG moves to regulate housing sector, proposes licensing for developers, agents
By John Alechenu, Abuja The Federal Government has unveiled plans to strengthen regulation of Nigeria’s housing and construction sector through measures that include mandatory licensing for property developers and agents, as well as the introduction of escrow accounts to protect home buyers. The Minister of Housing and Urban Development, Engr. Dr. Muttaqha Darma, disclosed this […]
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vanguardngr.com
FG raises mortgage ceiling to N85m, targets 2,000 loans annually
According to Darma, the new ceiling is expected to enable the Federal Mortgage Bank of Nigeria, FMBN, to approve at least 2,000 mortgages....
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thisdaylive.com
Darma Advocates Stronger Regulation for Nigeria’s Housing Sector
The Minister of Housing and Urban Development, Muttaqha Darma, has announced plans to reform Nigeria’s housing sector through a new regulatory framework aimed at protecting…
