Wednesday, June 3, 2026

The Sun Nigeria

Hardship: FG inaugurates family homes funds board to promote affordable housing 

FG

Federal Government

From Adanna Nnamani, Abuja

 

The Federal Government has inaugurated Board of Family Homes Funds Limited as part of efforts towards addressing the housing needs of low-income earners in Nigeria

 

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun inaugurated the Board Members in his office in Abuja.

 

This was disclosed in a statement issued by the Ministry’s Spokesperson, Mohammed Manga on Wednesday.

 

The statement quoted the Minister saying that the Fund’s mandate is aimed at fostering an inclusive environment, creating jobs, and eradicating poverty.

 

He expressed confidence in the Board Members’ ability to deliver on their mandate, highlighting that the selection process was strictly merit-based.

 

The newly inaugurated Chairman, Mr. Ademola Adebise acknowledged the call to duty, stating that their mandate is to provide affordable homes for low-income earners in Nigeria, in line with the policy objectives of government

 

He assured that members will bring in their wealth of experience to bear in ensuring the realization of its mandate.

 

Earlier in her welcome remarks,  the Permanent Secretary of the ministry Mrs Lydia Shehu Jafiya, commended President Bola Ahmed Tinubu for approving the appointment of the Board Members whom she described as experts in various fields of endeavour

 

She also commended

the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, for his doggedness in ensuring the full implementation of government policies and programmes that positively impact on the lives of millions of Nigerians.

On his part, the Permanent Secretary, Special Duties, Mr Okokon  Ekanem Udo, noted that a home is very essential to human life and that no government would like to toy with it, stressing that their assignment is very critical to the entire populace.

 

He therefore called on them to ensure that they bring in their wealth of experience to bear in fulfilling the realization of the policy thrust of the government