All is now set for a summit being organised by the Federal Ministry of Finance at which key stakeholders in the Nigerian housing finance sector would brainstorm on the best ways to build on the momentum generated by the historic launch of the Nigerian mortgage finance and mass housing plan by President Goodluck Jonathan.

The ministry said this afternoon that the ‘Stakeholders Implementation Summit on Enabling Broader Access to Housing Finance For All Nigerians’ will bring together important players in the housing and housing finance delivery market – the federal and state governments, relevant ministries, the Central Bank of Nigeria, mortgage and commercial banks, construction companies, architects, artisans, real estate developers and others.

“The objective is to share ideas on growing the housing sector, and on the best ways and means to achieve this to the benefit of all Nigerians, particularly for those in the middle to lower income segments,” Paul C Nwabuikwu, Special Adviser to the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, said in a statement issued in Abuja.

“The launch of the Nigerian mortgage and mass housing strategy has brought to the fore the great potential of the housing sector as a key driver of economic growth and job creation in the country,” Nwabuikwu further said.

According to him, “Specifically, the take-off of the Nigeria Mortgage Refinance Corporation (NMRC) and related programmes underscore the determination of the Jonathan administration to practically transform the sector for the benefit of Nigerians and the economy. This event is designed to move this focus some notches higher.”

Nwabuikwu said the summit would hold at Transcorp Hilton Hotel, Abuja, next Monday, March 24, from 9am to 1pm.

•Photo shows Okonjo-Iweala.

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