JAPA: FG Plans Diaspora City, Mortgage For Nigerians In US, Canada, UK

JAPA: FG Plans Diaspora City, Mortgage For Nigerians In US, Canada, UK

10 months ago
1 min read

The Federal Government on Wednesday disclosed that it has mortgage plans for Nigerians in the United States, Canada, and the United Kingdom.

The Minister of Housing and Urban Development, Ahmed Dangiwa disclosed this while playing host to the Chairman, Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, and some Management Staff in his office in Abuja.

Join our WhatsApp Channel

He said the mortgage scheme for Nigerians in the United Kingdom, the United States of America, and Canada would be launched in February 2024.

Speaking “ahead of the proposed launch in February 2024, of the Diaspora Mortgage Housing Scheme in the UK, USA and Canada, Dangiwa 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”.

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

“The project is situated at Maitama 2, with over 675 hectares of land,” the minister disclosed.

In her remarks, Dabiri-Erewa commended the minister for his commitment, participation, and the launch of the Diaspora Mortgage Scheme during the Nigeria Diaspora Investment Summit.

She also said Nigerians in Diaspora are enthusiastic 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, remitting an average of over $24 billion annually into the Nigerian economy,” she said.

content

+ posts


MOST READ

Follow Us

Latest from Diaspora

Don't Miss

Diaspora Voting And Electoral Reforms in Nigeria

Diaspora Voting And Electoral Reforms in Nigeria

With the increasing emphasis on globalization and glocalization,