THE BUHARI ADMINISTRATION AND THE MORTGAGE SECTOR: AN IMPACT ANALYSIS

This paper holds the opinion that the President Buhari administration made significant efforts to address the housing deficit that his administration inherited based on the analysis provided thus far. To put it another way, the mortgage sector in Nigeria had a housing deficit as its nature and char...

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Main Authors: Ojo Idowu Akinwumi, Sunday Aideloje
Format: Article
Language:English
Published: Federal University Wukari 2023-07-01
Series:International Studies Journal
Online Access:https://wissjournals.com.ng/index.php/wiss/article/view/124
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author Ojo Idowu Akinwumi
Sunday Aideloje
author_facet Ojo Idowu Akinwumi
Sunday Aideloje
author_sort Ojo Idowu Akinwumi
collection DOAJ
description This paper holds the opinion that the President Buhari administration made significant efforts to address the housing deficit that his administration inherited based on the analysis provided thus far. To put it another way, the mortgage sector in Nigeria had a housing deficit as its nature and character before the presidency of President Buhari, and the mortgage sector in Nigeria was significantly impacted by the presidency of President Buhari. In the eight years of the Buhari administration, the Federal Mortgage Bank of Nigeria (FMBN) has achieved record-breaking results. Between 2015 and 2023, the Bank surpassed all prior performance benchmarks across all corporate indicators. This includes raising money for the National Housing Fund (NHF) Scheme, disbursing mortgage loans, and providing financing for housing construction. The National Housing Fund (NHF) Scheme was historically optimized as a source of long-term, low-cost financing to support the provision of affordable housing to Nigerians
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institution Kabale University
issn 2756-4649
language English
publishDate 2023-07-01
publisher Federal University Wukari
record_format Article
series International Studies Journal
spelling doaj-art-5d19a54a901741b898fb41905712283e2025-02-10T10:01:14ZengFederal University WukariInternational Studies Journal2756-46492023-07-0171THE BUHARI ADMINISTRATION AND THE MORTGAGE SECTOR: AN IMPACT ANALYSISOjo Idowu Akinwumi0Sunday Aideloje1Nnamdi Azikiwe University, AwkaNnamdi Azikiwe University, Awka This paper holds the opinion that the President Buhari administration made significant efforts to address the housing deficit that his administration inherited based on the analysis provided thus far. To put it another way, the mortgage sector in Nigeria had a housing deficit as its nature and character before the presidency of President Buhari, and the mortgage sector in Nigeria was significantly impacted by the presidency of President Buhari. In the eight years of the Buhari administration, the Federal Mortgage Bank of Nigeria (FMBN) has achieved record-breaking results. Between 2015 and 2023, the Bank surpassed all prior performance benchmarks across all corporate indicators. This includes raising money for the National Housing Fund (NHF) Scheme, disbursing mortgage loans, and providing financing for housing construction. The National Housing Fund (NHF) Scheme was historically optimized as a source of long-term, low-cost financing to support the provision of affordable housing to Nigerians https://wissjournals.com.ng/index.php/wiss/article/view/124
spellingShingle Ojo Idowu Akinwumi
Sunday Aideloje
THE BUHARI ADMINISTRATION AND THE MORTGAGE SECTOR: AN IMPACT ANALYSIS
International Studies Journal
title THE BUHARI ADMINISTRATION AND THE MORTGAGE SECTOR: AN IMPACT ANALYSIS
title_full THE BUHARI ADMINISTRATION AND THE MORTGAGE SECTOR: AN IMPACT ANALYSIS
title_fullStr THE BUHARI ADMINISTRATION AND THE MORTGAGE SECTOR: AN IMPACT ANALYSIS
title_full_unstemmed THE BUHARI ADMINISTRATION AND THE MORTGAGE SECTOR: AN IMPACT ANALYSIS
title_short THE BUHARI ADMINISTRATION AND THE MORTGAGE SECTOR: AN IMPACT ANALYSIS
title_sort buhari administration and the mortgage sector an impact analysis
url https://wissjournals.com.ng/index.php/wiss/article/view/124
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