Accolades for Dangiwa as new minister of housing and urban development
It has been said that the nomination of architect Ahmed Musa Dangiwa as minister of housing and urban development heralds the beginning of a new phase of advancement and creativity in the housing industry. It also emphasizes how dedicated the current administration is to tackling Nigeria’s pressing housing and urban development issues.
From what we know about him, Dangiwa is a person whose hard work, vision, and sheer drive have made huge changes in Nigeria.
Dangiwa has a perfect track record that spans 30 years. This shows how committed he is to excellence and how much of an effect he has had on architecture, real estate, and public service.
The fact that he was a successful builder and professor before becoming the former Chief Executive Officer/Managing Director of the Federal Mortgage Bank of Nigeria (FMBN) and is now a Minister shows that he has a strong ability to shape how Nigeria’s cities grow.
Dangiwa’s time at FMBN shows how far-sighted he is as a boss. His gift of an extra N279 billion to the National Housing Fund (NHF) shows how committed he is to finding long-term housing solutions. Taking over when only N232 billion had been saved over 25 years, he brought in an amazing N279 billion more in contributions, or an average of N55.8 billion every year. This huge accomplishment shows how smart he is at making plans and how well he can get people to work together for a good cause.
The Minister has done more than just reach financial goals. For example, he started and led the N40b FMBN Cities Project, which aims to change the way people live in cities and improve the well-being of communities. Also, his work for the average Nigerian led to new ideas, such as the Diaspora mortgage loan, which lets Nigerians living abroad buy homes without worrying about being taken advantage of.
Under his leadership, FMBN broke a record by giving out N175 billion for affordable home loans and building financing. By giving NHF mortgage loans to almost 6,000 beneficiaries and home renovation loans to more than 77,000 people, he has shown that he is committed to improving the lives of Nigerians by making living options that are easy to get and don’t cost a lot. The fact that cheap housing is available all over the country has helped a lot to fix the country’s housing shortage.
During Dangiwa’s time in charge, FMBN housing goods became more affordable for the average Nigerian. His attempts to lower the amount of equity needed for home loans and create new housing products show how much he cares about making things available to everyone. Notably, his guidance in making the Diaspora mortgage loan shows how much he wants Nigerians living abroad to be able to own homes without being taken advantage of.
People all over the world have taken notice of and praised his achievements.