FG Launches ₦250bn MOFI Real Estate Fund
By Oluwakemi Kindness The Federal Government has taken a significant step towards addressing Nigeria's Housing Finance Gap with the launch of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF). The fund, a two hundred and fifty billion naira initiative is designed to provide low-cost, long-term mortgage financing and stimulate economic growth through the housing and construction sectors. Presiding over the signing ceremony in his office in Abuja, the Minister of Finance and Coordinating Minister of the Economy, […]