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Challenges of Housing Finance in Nigeria
[A Case Study of The Federal Mortgage Bank of Nigeria (FMBN)] -
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- Contributor: projectwaka
- engagements: 174
- Case No: 805784pw
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ABSRACT - [ Total Page(s): 1 ]With a population of 197 million inhabitants, Nigeria is the most populous nation in Africa. The contribution that housing makes to the socio-economic development of an economy is significant. Despite this assertion, there exists a housing deficit of 17 million in the country. The gap between demand and supply for housing is wide owing to several challenges encountered in providing mortgage to low and middle-income earners that form the majority of prospective beneficiaries of the home ownership scheme initiated by Federal Mortgage Bank of Nigeria (FMBN).This study examined the challenges enco
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ABSRACT - [ Total Page(s): 1 ]With a population of 197 million inhabitants, Nigeria is the most populous nation in Africa. The contribution that housing makes to the socio-economic development of an economy is significant. Despite this assertion, there exists a housing deficit of 17 million in the country. The gap between demand and supply for housing is wide owing to several challenges encountered in providing mortgage to low and middle-income earners that form the majority of prospective beneficiaries of the home ownership scheme initiated by Federal Mortgage Bank of Nigeria (FMBN).This study examined the challenges enco
... Continue Reading
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