"There is a programme we are coming up with known as ‘Housing for Lecturers’"

The Federal Mortgage Bank of Nigeria(FMBN) is set to launch a housing scheme for university lecturers.

Federal Mortgage Bank of Nigeria

The Federal Mortgage Bank of Nigeria(FMBN) is about to launch a housing scheme for university lecturers.

In an interview with Daily Times, the Managing Director of the Bank, Mr. Gimba Ya’u Kumo, said the scheme will be launched in January 2016, among other things.

“We realised that students also don’t have adequate houses, so there is a programme we are coming up with known as ‘Housing for Lecturers’. We are discussing with ASUU (Academic Staff Union of Universities), and we are coming up with a pilot programme that is going to be in the six geo-political zones of the country. We will start with the federal universities, because we will have access to their funds directly. When that works very well, then we will now replicate it in other universities and other higher institutions of learning and to also see how we can address the issue of hostel accommodations for students. These are some of the programmes that are in the pipeline."

Do you think this is a good idea?

JOIN OUR PULSE COMMUNITY!

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Atuche, former Bank PHB MD sentenced to 6 years imprisonment for N25.7b fraud

Gov Wike set to send anti-grazing bill to Rivers assembly

Police say gunmen behead security guard after attacking Imo lawmaker’s home

FG asks reps to enact law to regulate social media

Nigerian Navy to establish Desert Warfare Institute in Kano

Okowa praises TETFund for contributing to educational development

Gov Lalong happy as abducted pastor regains freedom after 7 months

PDP warns Senate to reject Buhari's appointment of personal assistant as INEC commissioner

FRSC officials to start wearing body cameras for operations soon