FG Inaugurates Family Homes Funds Board, Targets Affordable Housing for Low-income Earners
Ndubuisi Francis in Abuja
The Federal Government has inaugurated the Board of Family Homes Funds Limited (FHFL), a significant step towards addressing the knotty housing needs of low-income earners in the country.
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who inaugurated the board in his office in Abuja, stated that the Fund’s mandate, which aims at fostering an inclusive environment, creating jobs and eradicating poverty, aligns with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led administration.
He expressed confidence in the board members’ ability to deliver on their mandate, explaining that the selection process was strictly merit-based.
A statement issued by the Director, Information and Public Relations, Federal Ministry of Finance, Mohammed Manga, noted that the newly inaugurated Chairman of the Board, Mr. Ademola Adebise, acknowledged the call to duty, adding that their mandate was to provide affordable homes for low-income earners in Nigeria, in line with the policy objectives of government.
He assured Nigerians that members would bring in their wealth of experience to bear in the realisation of its mandate.
Earlier in her welcome remarks, the Permanent Secretary, Ministry of Finance, Mrs. Lydia Shehu Jafiya, commended Tinubu for approving the appointment of the board members whom she described as experts in various fields of endeavour.
She also commended Edun for his doggedness in ensuring the full implementation of government policies and programmes that positively impact on the lives of millions of Nigerians.
On his part, the Permanent Secretary, Special Duties, Mr. Okokon Ekanem Udo, noted that a home is very essential to human life and that no government would like to toy with it, adding that their assignment was very critical to the entire populace.
He, therefore, urged the board members to ensure that they bring their wealth of experience to bear in fulfilling the realization of the policy thrust of the government.
Members of the newly inaugurated board include: Abdul Mutallab Muktar – MD/CEO; Henry Emeka Inegbu – Executive Director Operations; Abdullahi Musa – Executive Director Finance; Dr. Eniang Nkang – Non-Executive Director; Sam Okagbue – Non-Executive Director, and Dr. Armstrong Ume Takang – Non-Executive Director (MOFI representative).
Others are Sybil Etuk – Non-Executive Director (NSIA representative); Bilkisu Usman – member, and Abubakar Bello – FHFL representative.
