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PRESIDENT TINUBU APPROVES LEADERSHIP CHANGES IN THE HOUSING AND URBAN DEVELOPMENT SECTOR

STATE HOUSE PRESS RELEASE
As part of a holistic approach to repositioning the national housing and urban development sector to meet the present and future needs of Nigerian families nationwide, President Bola Tinubu has approved the reconstitution of the executive management teams of parastatals under the Federal Ministry of Housing and Urban Development:
Federal Mortgage Bank of Nigeria (FMBN):
(1) Managing Director / CEO — Mr. Shehu Usman Osidi
(2) Executive Director (Finance & Corporate Services) — Mr. Ibidapo Odojukan
(3) Executive Director (Loans & Mortgage Services) — Mr. Muhammad Sani Abdu
(4) Executive Director (Business Development & Portfolios) — Ms. Chinenye Anosike
Federal Housing Authority (FHA):
(1) Managing Director / CEO — Hon. Oyetunde Oladimeji Ojo
(2) Executive Director (Housing Finance & Accounts) — Mr. Mathias Terwase Byuan
(3) Executive Director (Business Development) — Mr. Umar Dankane Abdullahi
(4) Executive Director (Project Implementation) — Engr. Oluremi Omowaiye
(5) Executive Director (Estate Services) — Arc. Ezekiel Nya-Etok
New FMBN CEO, Mr. Shehu Osidi, is a banker with over 30 years of work experience, including 13 years of experience in mortgage banking. He is an alumnus of Harvard University’s Kennedy School of Government as well as the University of Pennsylvania’s Wharton School of Housing Finance.
New FHA CEO, Hon. Oyetunde Ojo, is a former Member of the House of Representatives with over a decade of work experience in the housing and hospitality industries. He holds a Master’s degree in Peace and Conflict Studies from the University of Greenwich, United Kingdom.
In view of President Bola Tinubu’s historic approval of the establishment of Building Materials Hubs across all six of the nation’s geo-political zones; financing and establishment of a National Social Housing Fund for low income and vulnerable groups, and land reforms to collaboratively streamline access to land across all states and unlock nearly $300 billion of dead capital in the sector, his expectations are high that the above-named appointees will hit the ground running in the delivery of affordable housing for millions of Nigerians in need, while providing millions of new job opportunities for Nigeria’s talented youth population presently searching for work.
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
February 15, 2024
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If the shoes are too big for Emilokan, he should step aside, says Atiku

Tinubu is playing fiddle while Nigeria is drowning in the ocean of insecurity. To imagine that the Commander-in-Chief is on a so-called private visit while kidnappers kill a nursing mother and grandmother in Abuja for failing to pay N90m ransom and two monarchs in Ekiti, among other regular tragedies besetting Nigerians. . Nigeria does not need another Tourist-in-Chief. The country needs 24/7 leadership to confront the pervasive insecurity and collapsing economy. -AA
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Gbajabiamila gets praise for excellent performance

 

A chieftain of the All Progressives Congress (APC), Alhaji Taiwo Alao, on Tuesday described the Chief of Staff to President Bola Tinubu, Rt Hon Femi Gbajabiamila as ‘’a man of extraordinary courage, wisdom and generosity’’.

 

He also urged Femi Gbajabiamila’s critics to stop advertising ignorance and living in a fool’s paradise.’

 

‘It appears to be the vogue of troublemakers, fake contractors, corrupt politicians and their agents to prejudice the minds of Nigerians by deliberate lies and perversion of the truth’’.

 

Alao in a statement in Lagos urged President Tinubu to disregard what he called’’ spurious stories’’.

 

He lavished praise on Gbajabiamila for devoting his indomitable energy, brilliant mind and ardent spirit towards the transformation of the country.

 

The APC leader praised the former presiding officer of the House of Representatives for shouldering the heavy responsibility of his constituency and the presidency with calmness, giving his best for the good of the country and pursuing with vigour and determination the renewed hope agenda of the current administration.

 

‘Rt Hon Femi Gbajabiamila is a beacon of hope and inspiration to the generality of our people’’.

 

Popularly known as Tolani Twins, the APC chieftain and Chairman of APC Unity Group applauded Gbajabiamila for using his expertise and intellectual capacity to address challenges in the presidency.

 

The party leader also commended Gbajabiamila for contributing immensely to the social, economic and political development of the country.

 

Particularly, he praised Gbajabiamila for raising the standard of living of Lagos people through water and electrification schemes, road development, housing, education and health-care delivery.

 

The statement emphasized hard work, integrity, efficiency, dignity and discipline.

 

It also emphasized Gbajabiamila’s impressive credentials, personal qualities and character, administrative skills, numerous achievements and consistency in standing up always on the side of the people.