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Home Nigerian News

Nigerian government plans mortgage scheme for Nigerians in Canada, US, UK

Nigerian Canadian Newspaper Canada by Nigerian Canadian Newspaper Canada
December 14, 2023
in Nigerian News
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Nigerian government plans mortgage scheme for Nigerians in Canada, US, UK

Nigeria’s Housing and Urban Development Minister, Arch. Ahmed Dangiwa, has said that the mortgage scheme for Nigerians in the United Kingdom, United States of America and Canada would be launched in February, 2024.

Dangiwa made this known “ahead of the proposed launch in February 2024, of the Diaspora Mortgage Housing Scheme in the UK, USA and Canada” when he received the Chairman, Nigerians in Diaspora Commission, Honourable Abike Dabiri-Erewa, and some Management Staff in his office in Abuja.

In a recent statement signed by Gabriel Odu from the Protocol Unit, NiDCOM, the Minister said: “The overall goal is to ensure that as our brothers and sisters sojourn abroad, they also have a decent shelter over here in Nigeria to call their home”.

Dangiwa added that the Federal Housing Authority was also committed to delivering on their tripartite mandate of a Diaspora City Project in partnership with NIDCOM, FHA and FCT.

The statement noted that “The project is situated at Maitama 2, with over 675 hectares of land.”

Abike Dabiri-Erewa, commended the Minister for his commitment, participation and the launch of the Diaspora Mortgage Scheme during the Nigeria Diaspora Investment Summit.

Also, she said Nigerians in Diaspora are happy about both the Diaspora mortgage scheme and the upcoming Diaspora smart city in Kabusa, Maitama, FCT.

There are about 20 million Nigerians in the Diaspora and they remit an average of over $24bn annually to boost the Nigerian economy.

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