President Goodluck Jonathan Thursday launched the Nigeria mortgage refinance company to bridge the funding cost of residential mortgage houses in a bid to providing low cost houses for Nigeria.
The president said that the launch of the mortgage company will further support the objective of his administration in the provision of affordable housing for Nigerian through public and private partnership.
Nigeria Mortgage Refinance Company NMRC is established to encourage financial institutions to increase their lending by providing long term funding among others.
WATCH THE VIDEO BELOW
…please wait while it load