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Innovation, Transformation Agenda

FG Launches the Nigeria Mortgage Refinance Company

The Transformation Agenda achieved another remarkable milestone as the Federal Government just launched the Nigeria Mortgage Refinance Company.

It is believed that this initiative would facilitate 200,000 mortgages over the next 5 years at affordable interest rates.
According to the Ministry of Finance which is to midwife the Programme, it will begin in 14 pilot states where the state governors had agreed to provide fast-track land titles, foreclosure arrangements, and serviced plots.
http://doublejubileenaija.blogspot.com/2014/01/fg-launches-nigeria-mortgage-refinance.html

About TransformationWatch

TransformationWatch is an online news site founded by Henry Omoregie It is focused on keeping tabs on the Transformation Agenda set out by the Nigerian leadership in the Local, State and Federal Governments. My mission is to observe, analyze and report milestones or slowdowns in promised service delivery in all the facets of governance in Nigeria (2011 and beyond). Readership is open to all Nigerians and friends of Nigeria alike, regardless of Tribe, Religion or Political divide. We are all in this together

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