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MREIF’s ₦1trn fund to tackle housing deficit via subsidised long-term loans

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MREIF’s ₦1trn fund to tackle housing deficit via subsidised long-term loans

Sunnewsonline | 17-02-2025 09:58pm |

By Maduka Nweke The Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) has earmarked a ₦1 trillion government-backed initiative designed to provide long-term, low-cost mortgage financing for homebuyers and developers in Nigeria. The fund aims to address Nigeria’s housing deficit and create a more accessible and sustainable homeownership system. Nigeria faces a housing [...]The post MREIF’s ₦1trn fund to tackle housing deficit via subsidised long-term loans appeared first on The Sun Nigeria.

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