The Federal Government has made a crucial move to address the housing needs of low-income earners in Nigeria with the inauguration of the Board of Family Homes Funds Limited.
While inaugurating the board members in his office in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun stated that the Fund’s mandate aims at fostering an inclusive environment, creating jobs, and eradicating poverty.
This initiative aligns with President Bola Tinubu’s administration’s Renewed Hope Agenda.
In a statement signed by the ministry director of information and public relations, Mohammed Manga, the minister expressed confidence in the board members’ ability to deliver on their mandate, highlighting that the selection process was strictly merit-based.
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The newly inaugurated Chairman, Mr. Ademola Adebise, acknowledged the call to duty, stating that their mandate is to provide affordable homes for low-income earners in Nigeria, in line with the government’s policy objectives. He assured that members would bring their wealth of experience to ensure the realization of this mandate.
Earlier, in her welcome remarks, the Permanent Secretary of the Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya, commended President Bola Ahmed Tinubu for approving the appointment of the Board Members, whom she described as experts in various fields. She also praised Mr. Edun for his dedication to implementing government policies and programs that positively impact millions of Nigerians.
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On his part, the Permanent Secretary for Special Duties, Mr. Okokon Ekanem Udo, noted that housing is essential to human life and that no government would overlook it. He stressed the critical nature of their assignment and called on the board members to utilize their expertise to fulfill the government’s policy objectives.
The inauguration of the Family Homes Funds Board marks a significant milestone in the government’s efforts to address the housing needs of low-income earners in Nigeria.