Newly inaugurated managing Director of the Federal Mortgage Bank of Nigeria, Gimba Ya’u Kumo has assured Nigerians that the bank would work to continue to provide quality and affordable houses to Nigeria and strive to improve its balance sheet.
The MD spoke in Abuja at the inauguration of a new board for the bank by the Minister of Lands Housing and Urban Development, Mrs. Akon Eyakenyi.
Kumo, whose appointment was renewed, promised that the team would recapitalize the bank and improve the balance sheet structure to modify its standing as a financial institution.
According to him, “ Our strategy will involve developing pro-active and effective strategies to attract offshore funding for affordable housing to Nigerians as well as improving service delivery to NHF contributors across the country.We also plan to look at improvement of members of staff welfare across board to ensure a well motivated workforce and profitable operations”.
The FMBN boss said that the completion of ongoing housing estate projects under the Ministerial Pilot Housing Scheme nationwide and the completion of the Goodluck Jonathan Legacy Estate in Kaba District in the Federal Capital Territory, FCT, will be vigorously pursued.
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