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FG’s proposed ₦5,000 housing contribution: Who may qualify and what must happen before applications open

Posted by Trendnewsmedia team July 31, 2026


The Federal Government is proposing a housing scheme that could let traders, artisans and other informal workers contribute from ₦5,000 monthly toward owning a home through the proposed NHFA.

FG’s proposed ₦5,000 housing contribution seeks to widen access to affordable housing finance.


FG’s proposed ₦5,000 housing contribution seeks to widen access to affordable housing finance.

FG’s proposed ₦5,000 housing contribution seeks to include Nigerians who are typically excluded from conventional mortgage systems.


FG’s proposed ₦5,000 housing contribution seeks to include Nigerians like traders, artisan, who are typically excluded from conventional mortgage systems.

Shehu Osidi, Managing Director of Federal Mortgage Bank of Nigeria (FMBN) [NAN]


Shehu Osidi, Managing Director of Federal Mortgage Bank of Nigeria (FMBN) [NAN]



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